Strategic Partnership with Headway Technology Co. Ltd. to deliver Energy Efficiency and Environmental Compliance

Eniram strengthens its position in the Asian market by selecting a partner in China with extensive reach across the region and deep domain expertise in the maritime sector.

Singapore – 25th September, 2012 - Eniram Limited, the fast-growing Finnish provider of real-time decision support solutions for the shipping and marine industry today announced its partnership with Headway Technology Co. Ltd., Qingdao (China). The new partner specializes in professional R&D, manufacturing and sales and services of high-tech marine equipment and solutions across the globe. Using their complementary strengths and expertise, the partnership aims to improve Eniram’s service offerings in real-time data management and analytics solutions. These solutions help ship operators and owners better understand the performance of their vessels to reduce fuel consumption and CO2 emissions.

The future of shipping lies in having the technology to measure vessel performance in order to achieve optimal fuel efficiencies and meet environmental regulations. The ability to collect, analyze and act upon real-time data taking account of all dynamic conditions is key. Headway Technology’s expertise in manufacturing an innovative range of products and delivering after-sales service coupled with Eniram’s impressive market leadership in delivering energy efficiency solutions such as dynamic trimming and speed optimization will offer the Asian shipping market an excellent route with proven returns on investment to achieve real efficiencies on their vessels

President of Headway Technology Co., Ltd., Mr. Cao Xueliang, commented “the synergy between, Eniram as a leading provider of energy saving solutions to the shipping industry, and Headway Technology as a specialist in high-tech marine equipment and solutions offers an excellent foundation for collaboration between the two companies. “Headway Technology Co Ltd. excels in its team of highly qualified engineers and well –equipped worldwide service stations. This cooperation will strengthen both companies in the delivery of energy saving solutions to ship owners and operators, helping them reduce their fuel costs during these challenging economic times.

Mr. Philip Padfield, CEO of Eniram, said, “Increasing fuel prices and environmental legislation mean shipping companies are under constant pressure to reduce costs and become more environmentally responsible in their operations. In addressing these shipping challenges in Asia, we are delighted be able to partner with Headway Technology Co. Ltd, a respected provider of maritime equipment and solutions in the region. Their commitment to high quality service delivery and customer satisfaction mirrors our own. This new collaboration presents an exciting opportunity to further assist our clients looking to introduce energy saving solutions to make their shipping operations more efficient and cost effective.

About Headway Technology Co. Ltd., Qingdao
Headway Technology Co., Ltd. is a high-tech enterprise that takes technological innovation as the purpose, specializes in professional R&D, production and sales of high-tech marine equipment and provides worldwide professional after-sales service.

Established in 2005, Headway Technology Co., Ltd. provides high-tech marine equipment of OceanGuard™ BWMS (Ballast Water Management System), Headway® VDR/S-VDR (Voyage Data Recorder), Headway® BNWAS (Bridge Navigational Watch Alarm System), Headway® ECDIS (Electronic Chart Display and Information System) and LED lighting products. The company will continue to uphold the scientific and technological innovation spirit to launch a range of products, including radar, GPS, speed log, echo-sounder, compass and etc.

Headquartered in Qingdao, China, Headway has set up an independent R&D center and production base in Qingdao Hi-tech Park, established one subsidiary company in Shanghai, and branch offices in Guangzhou, Shenzhen, Dalian, Zhoushan, Shanhaiguan, Nantong, Huangdao and other cities, established more than 120 service stations in 56 countries and areas around the world, and formed a unique complete and large-scale global service system.

Eniram Ltd. press release