Oslo, Norway 25 February 2011 – BASS Software Ltd., a leading global provider of fleet management systems, reached a deal with Swiss ABCmaritime to install its entire BASSnet™ 2.7 software suite on a fleet of 40 vessels as it aims to expand its presence in Europe.

“BASSnet will help us optimize our processes, strengthen our cost control, enhance and expand our activities, consolidate our company and branch offices and much more,” said Daniel Tanner, Coordinator & Leader of this project at ABCmaritime.

ABCmaritime, a family-owned company that has been in business for almost 30 years, manages ships, primarily tankers and offshore supply vessels, and is also involved in conversion and new building projects as well as shipping-related services.

The integrated software comprising maintenance, dry dock, procurement, human resource & crew management, and document management modules, to name a few, will help the company streamline ship-shore communications, manage documentation and automate various tasks, such as tracking & scheduling maintenance, managing dry-dock projects, enabling e-purchasing, monitoring crew scheduling and reporting key performance indicators (KPIs). In addition, the safety management module (SAFIR) helps manage audit inspections and tanker vetting processes.

“As a key player in the maritime software sector, the BASSnet suite is a complete ship management suite catered for the maritime and offshore industries. The deal with ABCmaritime shows that more and more companies with a foothold in the offshore industry are realizing the value of the integrated suite,” said BASS Chief Executive Officer & Managing Director, Per Steinar Upsaker.

The aim is for pilot installation on a number of ABCmaritime vessels by June, with full implementation on all vessels expected by the end of this year.

About BASS

BASS, founded in 1997, is a leading global provider of fleet management software for ship owners and ship managers as well as operators of rigs and floating production, storage and offloading vessels (FPSOs) and offshore units. More than 100 customers, including many of the world’s leading shipping companies and offshore service providers, run fully-integrated BASSnet™ Fleet Management Systems on more than 1,000 vessels around the world to manage their assets, operations and human resources, ensure regulatory compliance and improve financial results. For more information, please send an email tocontact@bassnet.no or visit www.bassnet.no

About ABC Maritime

Privately owned shipping company ABCmaritime, founded in 1982, is located in Nyon, just outside of Geneva, Switzerland. The company manages a variety of ships, primarily tankers, offshore supply vessels and accommodation barges, and is active in Western Europe, Caspian Sea, South-East Asia & West Africa. It is also involved in various conversion and new building projects and provides technical and financial services to ship owners, banks, financial institutions and international organizations. For