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To: Taki who wrote (117025)	7/23/2003 12:31:22 PM
From: Taki	Respond to of 150070

RDXM, read the parts on contractRadix Marine currently holds a contract with the U.S. government for its unmanned surface vehicles (USVs), which are small, remotely controlled unmanned boats that can be used for a variety of security applications ranging from surveillance to mine detection. According to market research firm Moire International, USVs are expected to be a $1 billion market from 2005 - 2009. Radix Ortega currently has contracts with Washington State's Department of Transportation, the Port of Seattle, and the U.S. Navy Engineering Field Activity Northwest, as well as ongoing environmental assessment work for marine facility construction projects at the Naval Shipyard Puget Sound in Bremerton, Washington. Radix Ortega also has a broad base of existing commercial customers including the Bechtel Corporation, Bank of America and the Puget Sound Energy. "We believe the acquisition of Radix Ortega will expand our current offerings in the marine industry by connecting with an established company with existing contracts for services complementary to those of Radix," said Kathy Bright, President of Radix Marine. "In addition, we expect the acquisition to open up new business opportunities for Radix Marine by enabling us to coordinate resources on projects." Beginning with a corporate restructuring and name change last May, Radix Marine's merger with Radix Ortega is another step forward in a series of an ongoing initiatives Radix Marine has undertaken to strategically reposition itself within the marine industry. According to market research firm Moire International, USVs are expected to be a $1 billion market from 2005 - 2009. Through its subsidiary, Integrated Maritime Platforms International (IMPI), Radix Marine is currently performing on a contract for USVs for the U.S. Navy.