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AKVA and Marine Harvest Sign Agreement
(NORWAY, 2/9/2010)
AKVA Group and Marine Harvest Scotland recently signed an agreement for the supply of Polarcirkel cages and testing of EcoNets for 2010. The companies will now work together in Scotland to reduce the risk of fish escapes. The contract value is approximately NOK 18 million and deliveries will take place from first quarter to third quarter of 2010.
"We are very confident that AKVA group will deliver a high quality product that meets our specific design and delivery requirements" says Ben Hadfield, Production Manager for Marine Harvest Scotland. He adds, "We have been working closely with AKVA group for a number of years using their feeding management products to optimize the performance of our stocks. It therefore makes perfect sense for us to build on this cooperation and work together on pens and fish containment issues. We take the issue of escapes extremely seriously. As a business we are very prepared to invest in new and innovative equipment to reduce the likelihood of escapes occurring. We believe the investment in the Polarcirkel pens and EcoNets will do just that".

AKVA group's General Manager in Scotland, David Thorburn, says: "We are of course proud to work side by side with Marine Harvest in Scotland towards a common goal of preventing fish escapes and improving the good track record of the Scottish salmon farming industry even further. The robust non-corrosive all-plastic Polarcirkel cages are designed to withstand extreme conditions and were first invented by Polarcirkel in Norway as early as in 1974. Since then, AKVA group has delivered more than 40.000 cages for a wide range of sites and climates worldwide. The net-friendly cages use no steel or chain components and dramatically reduce the risk of net chafe and fish escapes, particularly in combination with the new Polarcirkel EcoNets soon to be tested by Marine Harvest. This long-life net technology is made from strong PET wire and is virtually escape proof. The semi rigid structure maintains perfect net shape to maximize water flow (oxygen) and simplifies cleaning using our Idema Net Cleaners", concludes Thorburn.

This is an important break-through for AKVA group with regards to Polarcirkel cages in the UK market.
About AKVA group
AKVA group ASA (OSE: AKVA) is the global leader in land based- and cage farming aquaculture technology; from single components to sustainable turn-key installations worldwide.
With the four renowned brands of aquaculture technology; Wavemaster, Polarcirkel, Fishtalk and Akvasmart, AKVA group’s systems are suitable for most species. The complete range of products and services provides maximum reliability and cost effectiveness, and includes; Plastic Cages, Steel Cages, Feed Barges, Recirculation Systems, Feed Systems, Camera & Sensor Systems, Net Cleaning Systems, Underwater Lights, Farming and Seafood Software, Boats, and Docs and Marinas.

About Marine Harvest ASA
Marine Harvest ASA (OSE: MHG), is the world’s leading seafood company offering farmed salmon and processed seafood to customers in more than 70 markets worldwide.
The company is present in all major salmon farming regions in the world and the biggest producer of farmed salmon with one fifth of the global production. In addition to fresh and frozen salmon, Marine Harvest offers a wide range of value added products such as coated seafood, ready-to-eat meals, delicious finger food and smoked seafood. Though salmon is the main farmed product, the company also farms trout and white halibut.
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Margaret E.L. Stacey
Information of the company:
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Address:
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Nordlysveien 4 - PO Box 271(N-4349)
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Bryne
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Norway
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Phone:
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+47 51 778 500
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+47 51 778 501
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info@akvagroup.com
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