March 2002
Hydroid, Inc. to take REMUS into the future…

(March 18, 2002 – E. Falmouth, MA) After 5 years of continuous product development, REMUS, the lightweight, low cost autonomous underwater vehicle designed by the Woods Hole Oceanographic Institute (WHOI), has moved out of the Institute and into the commercial world of Hydroid, Inc.

Hydroid, Inc. is a new East Falmouth based company established by the original inventors of the REMUS system. The company has recently signed an exclusive license agreement with the WHOI, which provides Hydroid, Inc. with full rights to the REMUS vehicle technology. Hydroid offers products, services, and solutions to a wide variety of markets throughout the commercial, government and academic sectors. Key application areas include environmental monitoring, mine counter measures, and hydrographic surveys.

Hydroid’s principal product offering, REMUS, is now recognized worldwide for its small size, high quality data, and ease of operation. The vehicle has successfully completed countless missions, and has gained a loyal following of military and academic users alike. To learn more, please contact Ken Jordan (Tel. 508-457-9191; e-mail kjordon@www.hydroidinc.com).

For further information contact Kevin McCarthy, Vice President of Marketing at Hydroid at Tel 508-563-6565, e-mail kmccarthy@www.hydroidinc.com.

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