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To: Gofer who wrote (3807)9/21/2001 9:19:14 PM
From: Al Collard  Respond to of 11802
 
Hi Gofer,

Your in with OSI-t @$.61 for 16,393 shares.

Chart for Offshore Systems International Limited (OSI-t):

stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

Although the chart indicators for OSI don't look good, the bounce off of the 200MA on Friday and the close at the high of the day just may bode well for the stock next week. Good luck to you Gofer.

Regards,
Al



To: Gofer who wrote (3807)9/24/2001 1:23:34 PM
From: Gofer  Read Replies (1) | Respond to of 11802
 
News out on my pick - OSI - Offshore Systems Int'l

fin-info.com

Offshore Systems International Ltd. Receives Order from the United States Navy

North Vancouver, British Columbia --

John Jacobson, President and Chief Executive Officer of Offshore
Systems International Ltd. (TSE: OSI) ("Offshore"), is pleased to
announce that the United States Navy has ordered two ECPINS systems
for field trials. The systems were ordered by the Naval Sea
Systems Command ("NAVSEA").

"We are very pleased that NAVSEA has purchased systems for
deployment afloat." said Jacobson. "ECPINS is an impressive
product, and it's always at its best when it's being used on a ship
to do the navigation job it was built for. These systems are in
direct support of a broader program that we're very excited to be
part of. For competitive reasons, we're not releasing the exact
customer or the pricing."

United States Navy Naval Sea Systems Command

The largest of the Navy's five systems commands, Naval Sea Systems
Command engineers, builds and supports America's Fleet of ships
and combat systems. Accounting for nearly one-fifth of the Navy's
budget (approximately $20 billion), NAVSEA manages more than 130
acquisition programs, which are assigned to six affiliated Program
Executive Officers (PEOs) and various Headquarters elements.
NAVSEA's world class team of professionals provide virtual support
anywhere and anytime to ensure the Fleet remains ready and capable
- operating around the globe.

Offshore Systems International Ltd.

Founded in 1977, Offshore designs, develops and markets the
ECPINS(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. The marine industry puts the highest priority
on safety of operation and independent studies have shown that
ECPINS(R) can contribute significantly to reducing the risk of
navigation related shipping incidents.

For More Information Contact:

Norman Van Roggen or Ken MacDonald
Phone: 604 408-9118 Fax: 604 408-9117
e-mail: investor@osl.com

On Behalf of the Board of Directors of

OFFSHORE SYSTEMS INTERNATIONAL LTD.

Signed "John A. Jacobson"
John A. Jacobson
President & Chief Executive Officer

Information Concerning Forward-looking Statements

Statements in this News Release, to the extent not based on
historical events, constitute forward-looking statements.
Forward-looking statements include, without limitation, statements
evaluating market and general economic conditions in the preceding
sections, and statements regarding future-oriented costs and
expenditures. Investors are cautioned not to place undue reliance
on these forward-looking statements, which reflect management's
analysis only as of the date thereof. These forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially. Such risks and
uncertainties with respect to the company include the effects of
general economic conditions, changing foreign exchange rates and
actions by government authorities, uncertainties associated with
legal proceedings and negotiations, industry supply levels,
competitive pricing pressures and misjudgements in the course of
preparing forward-looking statements.

Offshore Systems International Ltd.
107 - 930 West 1st Street North Vancouver, BC, V7P 3N4
Telephone: (604) 986 4440 Fax: (604) 987 2555