AXYS Technologies, Inc. (AXYS) announces new agent and first metocean data buoy sale to Argentina

November 6, 2007

Following an international review of buoy suppliers, Argentina’s Subtronic S.A. has contracted AXYS to supply a WatchKeeper™ oceanographic and meteorological data collection buoy.  The 1.7m diameter WatchKeeper™ will support offshore oil & gas exploration activities in approximately 100m of water.  The solar-powered buoy is equipped with a variety of sensors, including sea temperature, directional waves, currents, wind speed & direction, relative humidity and air temperature.

Data from the sensors is collected by AXYS’ proprietary WatchMan500™ data acquisition system and transmitted to a shore station by Iridium and/or Inmarsat D+ satellite telemetry.  Authorized users can access buoy data from their office in real time.

AXYS recently appointed Subtronic as their exclusive Agent in Argentina.  AXYS President & CEO, Harry Weiler stated ‘It gives me great pleasure to welcome Subtronic to our growing international network of representatives.  Together, we look forward to providing comprehensive support to our clients in Argentina’. The project was coordinated by Dr.Michael Reynolds of Remote Measurement and Research Co. of Seattle, Washington.  Terms of the sale are confidential and have not been provided. AXYS Field Service Specialists will train Subtronic’s personnel in late 2007 and assist in deploying the buoy.

Subtronic S.A. is a consulting marine engineering company that specializes in the provision of expert technical solutions to a wide variety of clients in Argentina.  For further information please contact Massimo Nebiolo at: subtron@fibertel.com.ar Remote Measurement and Research Co. LLC specializes in instrumentation for remote environments, particularly marine applications.  For further information please contact Dr. Michael Reynolds at: michael@rmrco.com

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AXYS Technologies Inc. designs, manufactures, distributes and maintains remote environmental data acquisition, processing and telemetry systems.  For further information contact AXYS at:  info@axys.com or www.axystechnologies.com.