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Inuktun Press Release

August 20, 2008

SeaTrepid and Inuktun announce sweeping joint venture

Inuktun appoints SeaTrepid as US Distributor and Service Center SeaTrepid selects Inuktun as exclusive engineering support service

FOR IMMEDIATE RELEASE:
Robert, LA, August 20, 2008 – SeaTrepid Louisiana LLC announced today that an agreement has been reached to become the US Distributor and Service Center for Inuktun Services LTD. In this new role, SeaTrepid will direct the marketing and sales efforts of Inuktun and its dealer network in the United States and its Territories. Additionally, SeaTrepid will serve as the US service center for all robotic equipment manufactured by Inuktun. Inuktun produces land-based and sub sea robotic equipment along with robotic tooling. SeaTrepid's robotics staff will upgrade, repair and test the equipment in their state-of-the-art facility in Robert, LA. "SeaTrepid's role as a service center will provide Inuktun's customers with fast, professional and local support.” said Bob Christ, SeaTrepid's Principal and founder. “I think this is an excellent synergistic marriage of both companies’ core competencies. This is a true win-win for all involved – including Inuktun’s large US customer base!” Colin Dobell, President of Inuktun Services LTD agreed stating: “We are very excited about working with SeaTrepid. We have had a long term relationship with them and are very confident in SeaTrepid’s capabilities. Our customers will have better access to pre and post sales support for all of Inuktun’s products and we are certain that they will see the benefits of this expanded relationship in the near term.”