Fleet Activities Using Automated Identification System (AIS) and Satellite Tracking Data

PortVision®, a leading provider of business intelligence solutions for the maritime industry, has announced that BP has used the company’s PortVision vessel-tracking service and PV-OnBoard battery-operated satellite trackers to enhance and accelerate response and restoration operations related to the April 20, 2010, “Deepwater Horizon” incident.“The PortVision service has significantly improved how we have managed vessel activity related to the Gulf response and restoration operation”

“The PortVision service has significantly improved how we have managed vessel activity related to the Gulf response and restoration operation,” said Scott Neuhauser, Deputy Branch Director for Plaquemines Parish with BP. “PortVision has given us significantly greater visibility into what’s occurring in the field so that we could assess progress and more effectively allocate the more than 30,800 personnel, 5,050 vessels and dozens of aircraft that are engaged in the response effort.”

“We have worked closely with BP and the Unified Command operations team in support of real-time vessel-tracking activities related to the Gulf incident response and restoration effort,” said Dean Rosenberg, chief executive officer. “This includes providing a combination of hardware and customized software, extensive support services, and our PV-OnBoard satellite trackers. The PortVision service offers significant benefits in incident-response and other maritime intelligence applications, and also enables responders and other parties to access historical AIS and satellite data for a variety of purposes, from policy development and training to litigation support and the verification of vessel operating fees and service charges.”

The PortVision service leverages the world’s only comprehensive database of AIS real-time and historical tracking data to provide detailed visibility into commercial vessel activity, from port arrivals and departures to ship movements on the open sea. To track smaller vessels that are not equipped with AIS transponders, BP and the Unified Command team have used the PortVision service with data provided by the company’s PV-OnBoard battery-operated satellite trackers, which are now being deployed on the Louisiana Gulf Coast. Information from the combination of AIS and satellite data has simplified the team’s challenging task of monitoring and managing the many ships, fishing boats, skimmers and barges that have been operated by multiple organizations in adjacent and often overlapping response areas.

Additionally, PortVision has customized its offering for BP and the Unified Command team, adding screen overlays of divisional response areas throughout the affected Gulf regions, and color-coding vessel types within these areas using the PortVision VesselZones™ feature. The ability to create user-defined VesselZones simplifies vessel viewing, tracking and alerts while streamlining and enhancing incident response.

The PortVision web-based vessel tracking, management and analysis service is designed to provide greater insight into vessel activities in most major U.S. ports and regions and over 100 international ports. It is the only database of its kind that contains five years of data regarding the movements of commercial ships in major ports and waterways that transmit IMO and USCG-mandated AIS collision-avoidance signals. Within the most recent update to PortVision’s service portal, users have full, web-based access to real-time weather radar overlays and animated loops, plus voyage distance calculations and vessel arrival estimations. Users can filter results by ship and port or region, create user-defined tracking-related VesselZones by simply clicking and dragging points on the map overlay, and be alerted when vessels move in or out of these VesselZones. VesselZones are particularly important for maritime incident response, enabling real-time information and reports that can be shared with remote participants and operation centers while also streamlining third-party vessel monitoring to validate activities and costs and to expedite billing.

 www.portvision.com

Deep Down, Inc. (OTC Bulletin Board: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, has announced it has teamed up with Core Industries ("CORE") to permanently locate a 3,200 MT Carousel System (the "Carousel") at CORE's deepwater port facility near Mobile, Alabama. The Carousel is currently under construction and will be ready in the fourth quarter 2010.

CORE's deepwater port in Alabama is an ideal location for Deep Down to provide its customers with umbilical storage capability on its Carousel, which in turn provides substantial savings to the customer when mobilizing for an offshore job. The customer will be able to spool the umbilicals onto the installation vessel and simultaneously load out the vessel with the remaining requirements. Deep Down will also be able to perform full scale Systems Integration Testing ("SIT") and have installation equipment on site that supports the Carousel available to rent to installation contractors for immediate mobilization.

Ronald E. Smith, Chief Executive Officer stated, "Teamed with Core Industries' marine handling capabilities at their deepwater facility and Deep Down's innovative deepwater services and equipment make up a combination of 'Can-Do' contractors which could very well become the premier staging area for the ultra-deepwater Gulf of Mexico and a launching pad to areas even further South. I am proud to place our Carousel and supporting equipment at Core Industries and offer the kind of services to our customers they deserve. The simple fact that we can perform SIT and other valuable testing of systems offline so that we can find the problems before they become the customers deepwater problems will be an incredible project safeguard that will bring added value to our customers." Morgan B. Myles, President, Core Industries, Inc., stated, "We are pleased to add Deep Down, Inc. to the list of innovative deepwater oil and gas installation contractors who call Core Industries facility, Theodore Industrial Port, their Base of Operations. We are excited to work with Deep Down and its talented team for the installation of their new storage carousel and look forward to providing our facility and services for Systems Integration Testing and other Deep Down projects. We have no doubt that much success will come for both companies from hosting this Carousel and that the result will be the highest quality project."