In-Q-Tel on board Joint Venture with I.M. Skaugen

Shipping Group joins Intelligence Community in promoting stability and peace from every port around the world. The launch of HUSH, LLC. makes new revenue available for ship operators and improves security by turning thousands of maritime vessels into surveillance platforms. HUSH hubs provide a global network at sea-level to curb piracy, terrorism, and crime. End Quote

(1888PressRelease) June 17, 2011 - Majority Partners In-Q-Tel and I.M. Skaugen announce the launch of Harrison Udall and Skaugen Holdings, LLC. (HUSH). This venture capitalizes on the complementary strengths of frontline intelligence assets and shipping insiders as well as the untapped potential of a blue sea market currently free of competitors. Head-quartered in Manama, Bahrain, HUSH enjoys proximity to parent operations and strategic access to the cargo vessels of our clients.

HUSH, LLC has the advantage of being the only provider of our unique working vessel surveillance hubs. This equipment is an overarching interface between computer systems, communications, radar, and other data sources on board host vessels. Surveillance hubs allow vessel owners to compile a comprehensive database detailing every word, action, and observation made by man or machine on board their vessels.

This union brings key players together to create a unique enterprise dedicated to providing high-quality, value-added solutions in support of the U.S. and other governments' defense/logistics and nation building initiatives.

In addition to surveillance hubs, HUSH offers an optional service relationship to ship owners who operate vessels in strategic waters. Select partners will be provided with free surveillance hubs and complimentary equipment as well as a monthly in depth analysis of their surveillance hub database. Some vessel owners will be offered a host fee for equipment installed on board their vessels, this new revenue stream will significantly increase vessel profitability.

HUSH, LLC is a historic partnership which unites intelligence technology with maritime access. We turn the chaotic traffic of the crowed sea into an energetic source of optimized intelligence in service to peace, stability, and profit.

In-Q-Tel has vast experience and valuable resources vested in computerized surveillance systems as well as key relationship assets throughout the intelligence community. Being masters of encryption, database engineering, voice recognition, and tie-in technologies, In-Q-Tel ensures unparalleled capability within HUSH LLC.

In-Q-Tel is a private, independent, not-for-profit venture group established by the CIA. Launched in 1999, In-Q-Tel's mission is to identify and invest in companies developing cutting-edge technologies that serve United States national security interests. Working from an evolving strategic blueprint defining the Intelligence Community's critical technology needs, In-Q-Tel engages with entrepreneurs, growth companies, researchers, and venture capitalists to deliver technologies that provide superior capabilities for the CIA, DIA, FBI, NGA, and the larger Intelligence Community (IC). In-Q-Tel concentrates on three broad commercial technology areas: software, infrastructure and material sciences. To date, In-Q-Tel has engaged with more than 90 companies and delivered more than 120 technology solutions to the IC. To learn more about In-Q-Tel, please visit www.in-q-tel.org.

I.M. Skaugen controls a pool of vessels which visit ports of interest around the globe. Additionally, I.M. Skaugen heads a group of Maritime subsidiaries which connect varied business partners in the chartering of petrochemical vessels, ship building, crew management and more. IMS brings hands on ability, petrochemical partnerships, and highly mobile platforms to the advantage of HUSH, LLC.

IMS employs approximately 2,400 people and currently owns 42 ships. We also manage more than one hundred vessels worldwide. The fleet comprises petrochemical gas and LPG carriers, Aframax tankers and lightering support vessels, barges and tugs. We are a fully integrated shipping company that designs, builds, owns, mans and manages our own ships. IMS customers are major international companies in the oil and petrochemical industry, whom we serve worldwide from our presence in Bahrain, Freeport and Houston (USA), Oslo and Stavanger (Norway), Singapore, Sunderland (UK) and Nanjing, Shanghai, Taizhou, Zhangjiagang and Wuhan (China). We also operate recruitment and training programmes in St. Petersburg (Russia) and Wuhan (China) for the crewing of vessels. For more information, please visit us at www.skaugen.com.

Vessel Owners interested in the bonus revenue provided by the hosting of HUSH surveillance hubs should seek more information at:

Website: www.bahrainlng.com
Email: Hushhubs ( @ ) Hushmail dot com
Tel1:+973 38395964
Tel2:+973 38386541

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