Offshore Sale of Autohydro Pro to Halliburton Productos of Brazil
March 6, 2003

Autoship Systems Corporation (ASC) has sold its Autohydro Pro software to Halliburton Productos of Brazil, a division of Global Halliburton of Texas. Halliburton will use Autohydro Pro to develop stability reports for local offshore structures.

ASC has recently turned its 20 years of maritime programming expertise towards developing hydrostatic, loading, and cargo management solutions specifically for vessels, rigs, and platforms in the Offshore market.

Autohydro is a complete hydrostatics and stability calculations program for naval architects, ship designers and marine engineers. A true 'floating simulator', Autohydro reports the reaction of the model to various conditions - such as loading configuration, damage, wind, high speed turning momentum, etc. Autohydro has extensive model building capabilities that allows easy development of the complex 3-D digital models used for calculations - which gives Autohydro its ability to obtain hull form characteristics and capacities. Vessel attitude is displayed graphically and in text on the screen. Report information can be shown on the screen, and can also be edited, printed, saved or exported to other Windows applications.

Autoship Systems Corporation is a world leader in loading instrument software, integrated load planning systems, and marine CAD/CAM programs.

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the oil and gas industries.