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Tuesday, 07/22/2008 9:04:38 AM

Tuesday, July 22, 2008 9:04:38 AM

Post# of 107353
PATENTS, TRADEMARKS AND COPYRIGHTS

The Company currently holds one patent covering riser tensioner sensor assembly. An additional five patents have been applied for and are in process. Trademarked names of the Company include DRILSYS TM, ELECTROWAVE TM, MUDSYS TM , AQUASOX TM , MORAY TM and SEASTAX TM , QUICK-LOC®, FLOTEC®, and PROTEUS™.

We also obtained all the rights to the following inventions, including all provisional applications in connection with the acquisition of Flotation:

· Drilling Riser Buoyancy Produced with Plastic Shell (inventors Timothy H. Cook, Fred Maguire and David Capotosto);


· Drilling Riser Auxiliary Claim with Integral Mux Clamp (inventors Timothy H. Cook, Fred Maguire and David Capotosto);


· Clam for Holding Distributed Buoyancy Modules (inventors David Capotosto and William Stewart); and


· Hinged Distributed Buoyancy Module (inventors Timothy H. Cook and David Capotosto).




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