Intracom S A : Hellenic Participation in EU / EDA Maritime Surveillance Technologies Program OCEAN2020

PRESS RELEASE

Hellenic Participation in EU / EDA Maritime Surveillance

Technologies Program OCEAN2020

Athens, Greece, January 22nd, 2018: INTRACOM Defense Electronics (IDE), ALTUS LSA (ALTUS), BARRACUDA and the University of Athens, Department of Informatics and Telecommunications participate in OCEAN2020, the most important project related to the first European Defense Fund's initiative to boost Europe's defence capabilities. The project was issued by the European Union under the 'Preparatory Action on Defense Research' and was selected for funding through a competitive procedure that was conducted by the European Defense Agency.

The OCEAN2020 team, which is led by the Italian company Leonardo, comprises of 42 partners from 15 European countries, including the Ministries of Defense of Italy, Greece, Spain, Portugal and Lithuania, with additional support from the Ministries of Defense of Sweden, France, the United Kingdom, Estonia and the Netherlands.

OCEAN2020 is the first example of a cross-European military research programme under the Preparatory Action initiative. It will integrate unmanned platforms of different type (fixed wing, rotary wing, surface and underwater) with naval units' command and control centers, allowing data exchange via satellite with command and control centers on land. It will involve two live demonstrations of maritime surveillance and interdiction operations in the Mediterranean and Baltic Sea, conducted by European fleets using unmanned aircraft, surface vessels and underwater systems.

All Greek partners are expected to contribute significantly in the success of the OCEAN2020 project. Specifically, IDE in co-operation with BARRACUDA, a Greek Shipyard specialized in military boats, will provide to the consortium an Unmanned Surface Vehicle (USV) that will be used in the maritime surveillance and interdiction operations in the Mediterranean Sea. IDE is also responsible for different tasks related to the requirements analysis of the USVs, to the communication architectures and technologies that will be used in the consortium and to the security of communications (COMSEC) and information (INFOSEC). Moreover, IDE will be the single Point of Contact and Coordinator of the consortium with the Hellenic Ministry of Defense. ALTUS will participate in tasks related to operational scenario modelling and simulation and to training needs analysis and design, while University of Athens, Department of Informatics and Telecommunications will participate in tasks related to deployment modelling of unmanned platforms.

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About Participants

INTRACOM Defense Electronics (IDE), Greece's leading electronics and communications systems provider in the defense and security, is a subsidiary of Intracom Holdings, one of the largest multinational technology groups in Greece. IDE possesses unique know-how in design, development and manufacturing of products that incorporate state-of-the-art technology in tactical military communication systems, encryption devices, command, control and communication systems (C³I), surveillance, reconnaissance and security systems, hybrid electric power and electric energy storage systems, missile data links and electronic components, software for military applications and testing equipment.

IDE participates in international development and production programs, as well as in international cooperations for the production and export of defense equipment and is a registered member on NATO's vendors list. The Company's products and services are deployed in Cyprus, Finland, France, Germany, Indonesia, Lithuania, Luxemburg (NATO/NSPA), Sweden, UK and the USA.

ALTUS LSA is a technology integrator providing turnkey solutions in the field of Unmanned Systems and innovative technology programs with worldwide service capabilities.

The Company's experience and expertise extends to land & maritime border surveillance, intelligence gathering, airborne ISR, environmental monitoring, natural disaster management, GIS applications, protection of critical infrastructure, SAR missions, and aerial target drone applications.

Moreover, since mid of 2017, ALTUS LSA has been approved as a UAS training academy by Hellenic Civil Aviation Authority, with registration number EL-UAS-TC-3 (www.dronepilot.gr). ALTUS LSA already holds a significant customer portfolio in Europe, Asia and Middle and operates under TRACE and ISO 9001:2008, 14001:2004, 27001:2013, 15288:2015 Quality Assurance standards.

The Company's headquarters are located in the city of Chania/Crete and the company also maintains a representative office in Athens/Greece.

BARRACUDA is a manufacturer of Inflatable Boats, originally established in France in 1985 and moved in Athens, Greece in 1992 in its own premises.

Over the years BARRACUDA created new standards in the construction of inflatable boats also in various other inflatable and polyester products with continuous effort for delivering high quality be respecting customer's needs

BARRACUDA has been established among the most reliable companies in the field of construction of inflatable boats in Greece and abroad with its incomparable boats due to their exceptional design and their reinforced construction, using them mostly in defense and security purposes.

The National and Kapodistrian University of Athens participates in the project with the Network Technologies, Services and Applications Laboratory (NeTSA) of the Department of Informatics and Telecommunications. NeTSA members comprise of a number of acknowledged researchers and engineers specializing in the fields of telecommunications, data networks, and pervasive and multimedia systems. NeTSA has been / is actively involved in a number of International projects, funded mainly by the European Commission (e.g., FP7, H2020), as well as National projects, funded by Greek Ministries or other organisations in the area of mobile/wireless Communications.