Dutch-Belgian-Trading GmbH Acquires SevenCs GmbH and ChartWorld GmbH, Leading Providers of Maritime Navigation Software and Navigational Digital Data Subscription Services

HAMBURG, Germany, November 10, 2011 -

Dutch-Belgian-Trading GmbH (DBT) has today acquired Hamburg based SevenCs GmbH and ChartWorld GmbH from Admiralty Holdings Limited (AHL), a wholly-controlled subsidiary of the United Kingdom Hydrographic Office (UKHO).

Mr. Jochen Rudolph, Managing Director of DBT, said: “DBT has exciting and ambitious plans to develop a completely new concept for integrated ECDIS and digital chart data services aimed at the SOLAS retrofit market. The acquisition of ChartWorld and SevenCs is a big step towards the rapid realisation of that concept.”

Commenting on the sale, Ian Moncrieff CBE, Chief Executive of the UKHO said: “SevenCs contributed significantly to the initial transition to digital charts at the UKHO and I am delighted to see both companies sold to a progressive company that is committed to maintaining  both companies in Hamburg and which has ambitious growth plans that involve both SevenCs and ChartWorld together.”

At the same time as announcing the acquisition  of ChartWorld and SevenCs, Mr. Rudolph also announced that DBT are currently recruiting new staff - especially in sales - and will shortly be opening new offices in Singapore and Cyprus to provide sales, service and support for the Asian and Mediterranean markets.

The new ECDIS concept, as well as the newly opened offices, will operate under the ChartWorld brand. SevenC s will continue as a separate software brand, focused on the ongoing development of ECDIS kernel software, ENC Chart Production Tools and specialist ECS applications.

About DBT, ChartWorld and SevenCs

Established in 1957, Hamburg based Dutch-Belgian-Trading GmbH, has a long history in shipping and marine electronics´ and is focused on the development and distribution of innovative communication, automation, and navigation solutions for the maritime industry.

ChartWorld GmbH is a digital chart agent and VAR that specialises in the resale of digital maritime data and data services for the professional mariner, including a unique range of both S-63 and SENC products.

SevenCs GmbH is a niche software house that develops software for the maritime navigation industry. Its key products include the EC2007 ECDIS Kernel, used by OEMs around the World in a wide range of chart display applications, ENC digital chart production tools, used by hydrographic offices and other chart producers, and ECS navigation software for specialist applications, such as, portable pilot units.

Press Contact

Birgit Heinsen-Knapp, phone +49-40-851-724-0, mail to: birgit.heinsen@chartworld.com

SevenCs GmbH, Ruhrstrasse 90, D-22761 Hamburg, Germany

www.sevencs.com

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