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SENSORTRAN AND ODI TO OFFER FIBER OPTIC SENSOR SOLUTIONS FOR OFFSHORE FACILITIES


Combination of Best-of-Breed Temperature Sensing and interconnect Systems Brings Advanced DTS Monitoring Capabilities to Subsea Environments for the First Time.

2007 Offshore Technology Conference (OTC), Houston, TX - May 1, 2007 - SensorTran, a leading provider of advanced distributed temperature sensing (DTS) systems and ODI announced a cooperative agreement to create subsea fiber optic sensor deployment schemes, provide system performance data and simplify project design and installation for offshore oil and gas projects. With this agreement, the companies will be working together to install optical sensing fiber through a variety of subsea connectors for the first time, providing offshore engineers unprecedented monitoring capabilities that were not feasible until now.

Please read the entire full News Release here. (ODI-SensorTran Press Release May 2007.doc)

                             For a larger view of this picture click  ODI SST


ODI Welcomes new Director of Quality

ODI is very pleased to announce that Tom Hayden has joined ODI as the Director of Quality as of April 2, 2007. Tom has over 20 years of experience in Quality and Reliability of Electro-Mechanical systems, primarily in the Medical Instrument industry.

His qualifications include degrees in: Electrical and Computer Engineering, a Masters in Engineering Management and an MBA from Auburn University. In addition, Tom is a certified Quality and Reliability Engineer.


ODI AWARDED CONTRACT BY TYCO TELECOMMUNICATIONS FOR SUBSEA FIBER OPTIC CONNECTION SYSTEMS FOR GULF OF MEXICO PROJECT

(Click to enlarge the image)

Ocean Design, Inc., (ODI), a Teledyne Technologies Incorporated (NYSE: TDY) majority owned company and a world leader in subsea electrical and fiber-optic interconnect systems, has announced Tyco Telecommunications (US) Inc. has awarded ODI a contract for the manufacture and supply of a fully integrated fiber-optic communications connection system for its BP Gulf of Mexico Fiber Optic Network project. The Gulf of Mexico Fiber Optic Network contract was awarded to Tyco by BP America Inc. to deliver a subsea telecommunications network to be deployed in the Gulf of Mexico in 2007.

The system will comprise the undersea backbone of a regional communications network, providing connectivity between BP's Gulf of Mexico offshore production facilities and the regional operating center in Houston, Texas. The system will initially link seven deep water oil & gas drilling and production platforms with landings in Freeport, Texas and Pascagoula, Mississippi. The network incorporates an upgrade capability designed to support 64 platforms.

This contract reinforces ODI's position as a market leader in the supply of subsea, wet-mate, fiber-optic connection systems to the offshore oil and gas industry. The system will utilize ODI's Mini-Gateway product, which provides connectivity for Tyco's Fiber Distribution Canisters and Deployment Pallets, and ODI's Rolling-Seal Connectors, which offer fully wet-mateable connections for optical communication.

"Communications systems to high value production platforms, now further offshore in deep water, require the innovative application of undersea fiber optic technologies, especially in an environment that is susceptible to hurricanes," said Rob Munier, managing director for global solutions at Tyco Telecommunications. "The system we are building will set a new standard for offshore communications systems."

ODI is a technology-focused provider of innovative engineered solutions, employing skilled staff and state-of-the-art equipment and processes to design and manufacture a broad range of products for harsh environment system interconnectivity. The recent acquisition of a majority interest in ODI by Teledyne Technologies is also expected to strengthen the company's ability to achieve future growth and meet the technological challenges of the subsea industry.



ODI Receives $4.5 Million Contract from Aker Kvaerner

ODI (Ocean Design, Inc.), a Teledyne Technologies Incorporated (NYSE: TDY) majority owned company and a world leader in subsea electrical and fiber-optic interconnect systems, has announced that Aker Kvaerner Subsea AS has awarded ODI the contract for manufacturing and supplying the fully integrated fiber-optic communications connection system for its Reliance KG-D6 Subsea Production Control System. The Production Control System contract was awarded to Aker Kvaerner by Reliance in May 2006 as part of an engineering, procurement and construction contract to deliver an 18-well subsea production system for the deepwater Block KG-D6 gas development located off the east coast of India.

"This is a significant win for ODI," stated Mike Read, President and CEO of ODI. "This contract, valued in excess of $4.5 million, reinforces ODI's position as market leader in the supply of subsea, wet-mate, fiber-optic connection systems to the offshore oil and gas industry."

The recent acquisition of a majority interest in ODI by Teledyne Technologies is also expected to strengthen the company's ability to achieve future growth and meet the technological challenges of the subsea industry.

ODI is a technology-focused provider of innovative engineered solutions, employing skilled staff and state-of-the-art equipment and processes to design and manufacture a broad range of products for harsh environment system interconnectivity. ODI solutions include underwater mateable electrical and fiber-optic connectors, harnesses, terminations and distribution systems.



Teledyne to Acquire Majority Stake in Ocean Design, Inc.

Ocean Design, Inc. (ODI) announced today that Teledyne Technologies Incorporated through its subsidiary, Teledyne Instruments, Inc., has entered into an agreement to acquire a majority interest in Ocean Design, Inc. (ODI) for approximately $30 million. Teledyne Technologies, a leading provider of sophisticated electronic components, instruments and systems engineering solutions, had sales of $1.2 billion in 2005.

(Click here for ODI's news Release)

"Both ODI and Teledyne will be able to take advantage of shared technological capabilities in military high voltage and fiber-optic connectors, cables and subsystems and provide a broader subsystem solution to our existing customers," said Mike Read, CEO and President of ODI.

For more information on Teledyne and ODI, please click on the link below: http://www.investquest.com/iq/t/tdy/ne/news/tdy080106.htm



Stan Wisniewski has joined ODI as the new Senior Vice President of Operations

Stan Wisniewski has held senior positions in Engineering and Operations Management at AT&T Bell Laboratories, AT&T Submarine Systems, JDS Uniphase, and Lucent Technologies/OFS. Stan has an extensive background in Operations Management, Technology Development, bringing new products to market and ensuring quality. Stan is a graduate of Penn State with a BS and MS in Electrical Engineering. Please welcome Stan to the ODI team.


Roger White has joined ODI as the new Director of Sales and Marketing, Oil & Gas for Ocean Design Europe Ltd.

Roger comes to ODI from his most recent position of Sales and Marketing Manager for Aker Kvaerner Subsea Ltd, based in Aberdeen, Scotland. Roger will be utilizing his extensive background with Aker Kvaerner, as well as, ABB Vetco Gray in the UK and Houston, to further the sales opportunities, market planning, new product and new client sales opportunities for ODI Europe. Roger has a Master of Science degree and a Mechanical Engineering degree from Cranfield Institute. Please welcome Roger to the ODI team.


ODI Deepwater Connectivity: Subsea Network Solutions for Kizomba B

Offshore Magazine, Oil & Gas Journal, Oil and Gas Financial Journal and ExxonMobil have released a special publication regarding the development of the Kizomba B project offshore West Africa. The publication follows the development of this field from initial seismic activity to first production. As a provider of subsea network solutions, ODI has been invited to participate in this publication. The publication will highlight the unprecedented level of teamwork, which lead to the world-class execution of the Kizomba B project, of which ODI was an integral participant.

[download the article]


Dr. James L. Cairns Awarded The Lockheed Award for Excellence in Ocean Science and Engineering

Marine Technology Society (MTS) is an international organization with a Mission Statement to disseminate marine science and technical knowledge; promote and support education for marine scientists, engineers and technicians; advance the development of tools and procedures required to explore, study and further the responsible and sustainable use of the oceans; and provide services that create a broader understanding of the relevance of the marine sciences to other technologies, arts and human affairs. Each year MTS recognizes the world leaders in oceanography. This year, Dr. James L. Cairns, founder of both Challenger Marine and Ocean Design (ODI), has been awarded the prestigious Lockheed Award for Excellence in Ocean Science and Engineering for numerous contributions to ocean technology. This award will be presented to Dr. Cairns during the upcoming conference, Oceans 2005, in Washington, D.C., September 19-23, 2005. Please stop by the ODI Booth 132 to help us celebrate this award.


Dr. Cairns receiving The Lockheed Award for Excellence in Ocean Science and Engineering


[view archive of ODI news for 2005]


[view archive of ODI news for 2004]


ODI - Ocean Design, Inc.
1026 North Williamson Blvd., Daytona Beach, FL 32114 USA voice +1 386 236 0780 ....fax +1 386 236 0906

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