BERGEN, Noway, - June 11, 2010 - StormGeo today announced the acquisition of Seaware AB, a leading provider of onboard ship routing solutions.

"The last decade, StormGeo has grown to become the leading weather solution provider for the offshore oil and gas industry in Northern Europe, and lately, with the addition of overseas offices in both Aberdeen and Houston, now has a fully global offering of world class MetOcean products. From our head quarters on the west coast of Norway the shipping industry is in our blood, and with the acuisition of Seaware AB we have combined the best of two worlds. StormGeo always builds solutions on genuine quality and was founded from the devotion of scientists from the Bergen university, home of the cradle of modern meteorology. Likewise, Seaware sprung out of ship dynamics research at the famous Royal Institute of Technology in Stockholm. By combining the unique ship dynamics and performance knowhow of Seaware with the leading weather forecasting technology of StormGeo, we together aim at bringing new and innovative solutions to the market" says new Managing Director of Seaware and former CTO and VP of Strategy in StormGeo, Dr Svenn Owe Haugland.

About Seaware

Seaware provides software for onboard decision support with respect to ship dynamics and performance. Since the beginning of the 1990's, Seaware has been devoted to bringing advanced ship theories packaged in modern easy-to-use software to the marine industry. Formed out of ship dynamics research at the Royal Institute of Technology in Stockholm, Seaware is today offering both products and services addressing ships performance and dynamic behavior.

The Seaware Onboard product line focuses on decision support to bridge officers in a series of products ranging from weather presentation and route planning to advanced seakeeping support and advice. The Seaware services includes product training for bridge officers and office staff, consultation in ship dynamics such as post voyage analysis after damage, and consultation or simulation for newbuilding projects.

About StormGeo

StormGeo is the leading weather services provider in Scandinavia and the North Sea region with worldwide operations in the shipping, renewables, offshore and media industries. StormGeo's main strength is high quality weather forecasting and analysis - individually tailored to customer preferences.


The founders of Seaware in Bergen, teaming up with the StormGeo Group