By TE SubCom

TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, today announced that it has been contracted by Ocean Specialists, Inc. (OSI) as the supplier of the POSEIDON project, a high-capacity undersea cable system that will enable advanced communications for the oil and gas industry in the Eastern Mediterranean region.

Designed to deliver critical communications to one of the world’s most active regions for oil and gas production, POSEIDON will be owned and operated by Radius Oceanic Communications, Inc. (Radius), a wholly owned subsidiary of OSI.  The initial anchor tenant for POSEIDON will be the Offshore Communications Backbone (OCB), previously installed by TE SubCom under contract to OSI in 2010.  The OCB is an existing Ocean Observatory System owned and operated by CSnet International, Inc. (CSnet) that provides broadband oceanographic, meteorological, and hydrographic data services to science, government and industry. The initial configuration of the system will extend 555km in length with two landing stations in Pentaskhinos and Yeroskipos, Cyprus with the OCB integrated into the POSEIDON system to provide a self-healing ring between the two legs. SubCom will be responsible for the engineering, procurement, installation and commissioning services for the project. Installation will take place using a SubCom Reliance-class vessel with completion slated for December 2013.

“This recent award continues SubCom's role as an industry leader in offshore oil and gas solutions,” said Derek Buffitt, Director, Marine Engineering Solutions, TE SubCom. “The oil and gas industry is flourishing and POSEIDON will enable us to bring new technology to the Eastern Mediterranean that will enhance communications and increase connectivity within this booming region. With expansion possible up to 500km to eastern and western terminals, future installments are anticipated and we look forward to continuing our relationship with OSI, Radius and CSnet as their needs evolve.”

“We’re extremely pleased to have awarded TE SubCom with the supply contract for the POSEIDON project,” said Jim Byous, President, Ocean Specialists, Inc. “Together, our organizations’ collective expertise and experience will deliver necessary offshore communications to oil and gas facilities throughout the Eastern Mediterranean region, while continuing support of the scientific community through the CSnet-OCB Ocean Observing System.”

About TE SubCom

TE SubCom, a TE Connectivity Ltd. company, is an industry pioneer in undersea communications technology and marine services and a leading global supplier for today’s undersea communications requirements. Drawing on its heritage of technical innovation and industry recognized performance, TE SubCom delivers the most reliable, high quality solutions to organizations with undersea communications needs vital to their core mission. The company designs, manufactures and installs systems around the world, and has deployed more than 490,000km of subsea communication cable—or enough to circle the earth more than 12 times at the equator. TE SubCom’s global presence, backed by industry leading research and development laboratories, manufacturing facilities, installation and maintenance ships, depots, and management team work together to implement integrated solutions and network upgrades, with unsurpassed reliability, that support the needs of telecommunications, internet providers, offshore and science customers worldwide.

For more information visit www.SubCom.com.

ABOUT TE Connectivity

TE Connectivity (NYSE: TEL) is a $13 billion world leader in connectivity. The company designs and manufactures products at the heart of electronic connections for the world’s leading industries including automotive, energy and industrial, broadband communications, consumer devices, healthcare, and aerospace and defense. TE Connectivity’s long-standing commitment to innovation and engineering excellence helps its customers solve the need for more energy efficiency, always-on communications and ever-increasing productivity. With nearly 90,000 employees in over 50 countries, TE Connectivity makes connections the world relies on to work flawlessly every day. To connect with the company, visit: www.TE.com.

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