The sonar, built on patented Echoscope(R) technology, will be incorporated into Van Oord's existing pool of units which are to be used initially for two large scale projects in the Netherlands. In central Amsterdam, the Echoscope(R) system is being used to visualize live underwater excavation operations as part of the construction of a new metro station. Situated directly beneath the existing Amsterdam Central Station, the new metro system runs North-South across the city and will carry 200,000 passengers each day. The existing station is built on hundreds of large oak pilings which are to be carefully removed during the construction project. The unique technology of the Echoscope(R) enables the accurate real time 3D visualization of the pilings during the removal process as well as the dredging of the chamber around them.

In Rotterdam the construction of Maasvlakte 2 is part of the Mainport Development Project where the PUMA consortium, consisting of Koninklijke Boskalis Westminster NV and Van Oord NV, has been contracted to build the first phases. In this project the Echoscope(R) system will provide crane operators with critical real time visualization during the removal of the existing concrete breakwater structure and the construction of replacement walls.

Geoff Turner, CEO, commented that "This repeat order for our Echoscope(R) sonar system from a valued and respected client such as Van Oord highlights not only the growing market acceptance of the product but the return on investment that customers are now benefitting from when they buy our products. We are proud of the work we have already done with Van Oord, and of our relationship with them, and we look forward to this continuing in the future."

Commenting on the order, Gareth Simpson, CodaOctopus Products Sales Manager, said, "When the Echoscope(R) system was used in the breakwater construction project in Qatar, RLNBC was very pleased with the results, seeing both increased productivity and improved levels of safety. The purchase of an additional Echoscope(R) system will enable Van Oord to achieve goals which would not be possible with other types of sonar and we are delighted to continue our working relationship with them in their marine construction projects."

About Coda Octopus Group, Inc.

With headquarters in New York, USA, Coda Octopus Group is a leader in protection and technology for the world's harsh environments. The Group's scope of capabilities includes patented Echoscope(R) 3D real time subsea visualization technology, Coda(R) geophysical survey systems for seismic and sidescan, inertial marine motion sensing, rugged products development and systems engineering and provision of antipiracy, counter-terrorism and military training.

About Coda Octopus Echoscope

Echoscope(R) sonar technology is the world's only real time 3D high definition sonar technology that provides the capability to visualize underwater scenes in real time. Producing an instant measurable 3D dataset, it removes the need for time consuming post processing. These combined capabilities make it suitable for varied subsea projects and Echoscope(R) technology is in use in numerous applications such as offshore platform inspection, port security, forward looking obstacle avoidance, construction visualization, subsea intervention and high definition channel mapping. Worldwide customers include navies, defense contractors, commercial survey contractors, dredging and construction contractors and academic institutions.