Flotation Technologies

January 10, 2007 - Flotation Technologies, Inc. has developed a new buoyancy module for use by Cameron on the Chevron Tahiti Field. Needing to relieve weight from the high-pressure jumpers while not increasing the potential for VIV (vortex-induced vibrations) Cameron contacted Flotation Technologies to develop a solution. The new Straked Buoyancy Module provides VIV suppression strakes as part of the module and an innovative inter-module locking system that provides a continuous helix once assembled. This unique design provides the buoyancy required for the operation of the jumpers while breaking the vortices and suppressing potentially destructive VIV.

"This project allows us to highlight what our company does best: engineer unique and effective solutions," commented Fred Maguire, Sales and Marketing Manager of Flotation Technologies. "Flotation Technologies has never been a company to provide a 'Me Too' or off-the-shelf product. We provide products that are designed to fit our customer's specific needs - a philosophy that can be traced back to our Founder, David Cook, who, in many ways, changed the course of the entire Offshore Oil industry with his pioneering work with syntactic foam in the early 60's."

About Flotation Technologies
Flotation Technologies, Inc. is a world leader in the engineering, design, and manufacturing of deepwater buoyancy systems using high-strength Flotec™ syntactic foams and polyurethane elastomers. Focused on the Offshore Oil, Oceanographic, Seismic and Government markets, Flotation Technologies delivers world class buoyancy products for a host of marine applications, such as distributed buoyancy for flexible pipes and umbilicals, drilling riser buoyancy modules, ROV buoyancy, QuickLoc™ cable floats, Hardball™ umbilical floats, FLOTECT™ cable and pipeline protection, Inflex™ polymer bend restrictors, and installation buoyancy of any size and depth rating. For more information on Flotation Technologies visit www.flotec.com.

Media Contact:
Fred Maguire, Sales & Marketing Manager
Flotation Technologies, Inc.
207.282.7749/fmaguire@flotec.com

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