SHIPCOM AND LOCKHEED MARTIN’S SAVI TECHNOLOGY ANNOUNCES RFID & WIRELESS SOLUTION TO AUTOMATICALLY TRACK AND MANAGE SUPPLIES IN THE OIL AND GAS INDUSTRY

RFID Provides Requisition-to-Rig Visibility of Assets and Shipments Moving through the Upstream Supply Chain

MOUNTAIN VIEW, Calif.– November 5th, 2009 – Savi, a Lockheed Martin [NYSE: LMT] company, has formed an Oil and Gas consortium with Shipcom Wireless and KBR Wireless. The group is offering a complete RFID & wireless solution that instantly tracks supplies and equipment transported between onshore and offshore oil and gas facilities globally.

By automating asset and shipment management in upstream operations, this new kind of solution can cut costs and improve efficiency by reducing rig downtime, enhancing asset utilization, automating manual processing activities, and reducing data errors, write-offs, shrinkage and theft. The wireless requisition-to-rig solution can also lower demurrage fees and rental costs associated with Cargo Carrying Units (CCUs); reduce “hot-shotting,” the costly airlifting of urgently needed supplies to onshore and offshore rigs; and, lead to improvements in security and regulatory compliance.

The solution developed by Savi and its partners uses enterprise-level software powered by real-time information from Savi active and KBR Wireless passive Radio Frequency Identification (RFID) hardware. The solution automatically tracks and manages supplies as they move from onshore operations facilities, to port transfer facilities, to offshore oil and gas rigs, and back. Typical supplies including critical consumables and equipment such as risers, choke valves, wire rope, stud tensioners, slings, wellheads, in addition to various containment units used to store and deliver material to the oil platforms.

"Already proven in the Chemical, Aerospace and Defense industries, the Savi SmartChain® platform now can go to work improving operational performance in the global Oil and Gas sector,´ said David Stephens, chief executive officer of Savi Technology. ´This is a powerhouse consortium with a rare combination of expertise in advanced wireless technology solutions and deep domain knowledge in solving the complex operational problems of the Oil and Gas industry."

"Our partnership with Savi and KBR Wireless unifies the most effective software and hardware technology platforms within the energy sector to address critical business needs of the industry. We will leverage Shipcom’s footprint of more than 100 successful deployments globally in energy, defense, and industrial processing, to drive an integrated offering that will revolutionize how the oil field does business", adds Abeezar Tyebji, CEO of Shipcom Wireless.

"Our unified technology solution addresses critical industry pain points where technologies such as GPS and bar code fall short,” adds Sam Falsafi Senior Principal of Oil & Gas practice of Shipcom Wireless & Co-Founder of the Oil & Gas RFID Solution Group. "We have built a vital tool that empowers the energy sector with an unprecedented level of visibility and control over their inventory and assets across their entire value chain.” The collaboration between Savi and its partners makes this solution unique, and offers users an integrated, complete solution. KBR Wireless passive RFID tags are affixed to consumables and assets, which are then loaded into CCUs tagged with Savi’s own active, battery-powered RFID tags. Savi’s fixed and mobile active RFID infrastructure collects tag data as the assets move through the supply chain to oil and gas rigs. Integrated Savi and Shipcom Wireless software processes and manages the RFID data, providing real-time visibility, and transforming the data into reports, analytics, automated alerts and other actionable knowledge on the location, condition and security of assets and shipments. With knowledge of CCU content, there is visibility into the container without breaching its security seal. This onboard data also provides the capability to integrate agnostically to the Homeland Security systems, since the entire manifest travels digitally with each container.

As a wholly owned subsidiary of Lockheed Martin [NYSE: LMT], Savi is a leading provider of supply chain information and technology solutions and services. These capabilities include real-time solutions based on active Radio Frequency Identification (RFID) and other Automatic Identification and Data Capture technologies that improve the visibility, management and security of supply chain assets, shipments and consignments.  For more information, visit www.savi.com.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

Shipcom is a leading provider of integrated supply chain execution software solutions focused on the RFID and enterprise mobility markets. Its open standards platform, CATAMARAN, is a server-based solution that captures and transforms data from devices such as RFID readers and barcode scanners and integrates directly into SAP, Oracle and other legacy ERP systems. Media Contact: Sam Falsafi, (281-558-5252); email, info@shipcomwireless.com.

KBR Wireless LLC is a leading provider of automatic identification and wireless solutions for the energy sector. The company supports petroleum, petro-chemical, utility, and mining organizations in defining, building, and operating wireless-based technologies that enhance the organizations operations.

Media Contact: Melissa Silberberg (832-644-9609); email, msilberberg@kbrwireless.com.

Media Contacts:

For Savi: Mark Nelson, (650-316-4872); email, mnelson@savi.com;
Patrick O´Boyle, (650-316-4988, poboyle@savi.com
For Shipcom Wireless: Sam Falsafi, (281-558-5252); email, info@shipcomwireless.com
For KBR Wireless: Melissa Silberberg (832-644-9609); email: msilberberg@kbrwireless.com