January 06 2005 Print this page

Offshore Systems International Ltd. retains Renmark Financial Communications Inc. for investor relations services

Vancouver, Canada
— Offshore Systems International Ltd. (TSX: OSI/ OTCBB: OFSYF) announced today that it has retained the services of Renmark Financial Communications Inc. to handle investor relations activities.

“We are pleased to select Renmark to strengthen OSI’s profile in the financial community. We believe Renmark will enhance the Company’s visibility, due to its track record of successful investor relations’ strategies and methodology,” said John Jacobson, OSI President and CEO.

Offshore Systems International Ltd. (OSI) is a leader in electronic geography. Since its founding in 1977, the Company has established itself as a world-leading supplier of highly specialized moving map display systems and software for international navies and commercial shipping customers. OSI is also pursuing promising opportunities in National Defense and Homeland Security, where there is a growing and significant need for electronic geography capabilities, particularly to enhance geographic situational awareness and joint force interoperability within command and control applications.

Renmark Financial Communications Inc. is a Montreal-based investor relations firm specializing in corporate financial communications to small, mid and large cap companies listed on all US and Canadian exchanges in North America. The Company was founded in 1999 by Henri Perron, President, and currently represents over 50 public companies.

More About Offshore Systems International Ltd.
Offshore Systems International Ltd. (OSI) is a leader in electronic geography. The Company’s core strengths lie in the ability to produce, manage and display many forms of geographic data. The Company provides display systems and data for several defense, government and commercial customers, and conducts its operations through three business units: OSI Navigation Systems (moving map display systems and software), OSI Applications (situational awareness products and services for command and control systems) and OSI Geomatics (digital map and electronic chart data production services: land and marine). OSI’s common shares are listed for trading on the Toronto Stock Exchange (TSX: OSI) and the OTC Bulletin Board (OTCBB: OFSYF). For more information please visit www.osil.com.

Forward-Looking Statements
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws including Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, OSI’s analysis of opportunities in the acquisition and development of various project interests and other matters. These statements are made under the ‘safe harbour’ provisions of the Private Securities Litigation Reform Act of 1995 and, as such, involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Although Offshore Systems International believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include the effects of general economic conditions, changing foreign exchange rates, actions by government authorities, uncertainties associated with contract negotiations, and industry supply.

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