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| December 18, 2001 |
Brian E. Walsh Joins Board of Directors of Offshore Systems International |
| December 13, 2001 |
Offshore Systems Awarded $1 Million Order by US Coast Guard |
| December 6, 2001 |
Bluefire Research Initiates Equity Research Coverage on Offshore Systems International with an 'Attractive' Rating |
| December 4, 2001 |
Offshore Systems Awarded New $4.8 Million Order by Canadian Department of National Defence -- Company's Second Largest Single Order to Date |
| October 31, 2001 |
US Coast Guard Places New Orders with Offshore Systems International |
| October 25, 2001 |
Offshore Systems International Retains Keane Securities as its Investment Banker |
| October 23, 2001 |
US Coast Guard Issues Blanket Purchase Agreement to Offshore Systems International |
| October 18, 2001 |
US Navy Issues Order to Offshore Systems International |
| October 16, 2001 |
Canadian Navy Orders Systems from Offshore Systems International |
| October 10, 2001 |
Offshore Systems International Reports Fiscal Third-Quarter & Nine Month Results |
| October 9, 2001 |
Offshore Systems International Retains Bluefire Partners to Cultivate US investors & Enhance Market Valuation |
| October 26, 2001 |
Offshore Systems International Teams with Nautronix Ltd. to Pursue Australian Opportunities |
| September 24, 2001 |
Offshore Systems International Ltd. Receives Orders from the United States Navy |
| September 20, 2001 |
Offshore Systems International Update on Strategy |
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