U.S. Navy Issues Order to Offshore Systems International.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 18, 2001 Offshore Systems International Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : OSI (1) (Open System Interconnection) An ISO standard for worldwide communications that defines a framework for implementing protocols in seven layers. Control is passed from one layer to the next, starting at the application layer in one station, proceeding to the ), a marine electronic navigation Electronic navigation may refer to:
Major branch of the U.S. military forces, charged with defending the nation at sea and maintaining security on the seas wherever U.S. interests extend. The Continental Navy was established by the Continental Congress in 1775. has issued an order for Offshore System's ECPINS-M Software for the Naval Surface Warfare Officer's School training facility in Newport, Rhode Island Newport is a city in Newport County, Rhode Island, United States, about 30 miles (48 km) south of Providence. It is the home of Naval Station Newport, housing the United States Naval War College, the Naval Undersea Warfare Center, and a major United States Navy training center. . "Every Naval Officer NAVAL OFFICER. The name of an officer of the United States, whose duties are prescribed by various acts of congress. 2. Naval officers are appointed for the term of four years, but are removable from office at pleasure. Act of May 15, 1820, Sec. 1, 3 Story, L. in the U.S. Navy's Surface Fleet is trained at Surface Warfare Officer's School," said John Jacobson, President and Chief Executive Officer "We're very proud that ECPINS-M has been selected as the electronic chart system that will be used in the bridge training suites. ECPINS-M conforms to the U.S. Navy's high standards for function and performance, and it will be used to illustrate navigation techniques using electronic chart systems." United States Navy Surface Warfare Officer's School The mission of the U.S. Navy's Surface Warfare Officer's School is to provide a continuum of professional education and training in support of Surface Navy requirements that prepares officers to serve at sea. This training assists in the preparation of line officers eligible for Command at Sea for the proper execution of command authority in surface ships. Training addresses the professional aspects of taking surface ships to sea and executing their battle functions as elements/units in the tactical forces of the U.S. Navy. Courses also address command responsibilities, ship tactics, techniques for evaluation and control of ship systems and equipment, current fleet policies and practices, and specialized information appropriate to the ship types to which the naval officers will be assigned. Offshore Systems International Ltd. Founded in 1977, Offshore Systems designs, develops and markets the proprietary ECPINS ECPINS Electronic Chart Precise Integrated Navigation System (Offshore Systems) (R) (Electronic Chart Precise Integrated Navigation System) line of electronic chart navigation systems for ships. ECPINS(R) helps to reduce the risk of navigation related incidents by giving bridge crews a precise, real-time display of their position, course and speed, against a background of fixed obstacles and other navigational hazards. Offshore Systems has developed a strong market position in military navigation, and has ECPINS(R) systems deployed with the United States Coast Guard United States Coast Guard U.S. military service that enforces maritime laws. It is under the jurisdiction of the Department of Homeland Security; in wartime it functions as part of the U.S. Navy. The Coast Guard enforces federal laws on the high seas and waters within U.S. , the Canadian Navy, the Royal Danish Navy This article is about the Royal Navy of Denmark. For other Royal Navies, see Royal Navy (disambiguation). The Royal Danish Navy (or Kongelige Danske Marine in Danish) is the sea-based branch of The Danish Defence force. , and the United States Navy. For More Information Contact: In the United States: Jay Green BlueFire Partners 212-572-6258 jgreen@bluefirepartners.com In Canada: Norman Van Roggen NvR Capital 604-408-9118 investor@osl.com Website: www.osl.com Forward-Looking Statements This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws. Although Offshore Systems International believes the expectations reflected in such forward-look statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include the effects of general economic conditions, changing foreign exchange rates, actions by government authorities, uncertainties associated with contract negotiations, industry supply levels and competitive pricing pressures. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion