Dutch-Belgian-Trading GmbH Acquires SevenCs GmbH and ChartWorld GmbH, Leading Providers of Maritime Navigation Software and Navigational Digital Data Subscription Services

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November 9, 2011
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Dutch-Belgian-Trading GmbH Acquires SevenCs GmbH and ChartWorld GmbH, Leading Providers of Maritime Navigation Software and Navigational Digital Data Subscription Services

HAMBURG, Germany, November 10, 2011/PRNewswire/ --

    Dutch-Belgian-Trading GmbH (DBT) has today acquired Hamburg based
SevenCs GmbH and ChartWorld GmbH from Admiralty Holdings Limited (AHL), a
wholly-controlled subsidiary of the United Kingdom Hydrographic Office
(UKHO).

    Mr. Jochen Rudolph, Managing Director of DBT, said: "DBT has exciting
and ambitious plans to develop a completely new concept for integrated ECDIS
and digital chart data services aimed at the SOLAS retrofit market. The
acquisition of ChartWorld and SevenCs is a big step towards the rapid
realisation of that concept."

    Commenting on the sale, Ian Moncrieff CBE, Chief Executive of the UKHO
said: "SevenCs contributed significantly to the initial transition to
digital charts at the UKHO and I am delighted to see both companies sold to
a progressive company that is committed to maintaining both companies in
Hamburg and which has ambitious growth plans that involve both SevenCs and
ChartWorld together."

    At the same time as announcing the acquisition of ChartWorld and
SevenCs, Mr. Rudolph also announced that DBT are currently recruiting new
staff - especially in sales - and will shortly be opening new offices in
Singapore and Cyprus to provide sales, service and support for the Asian and
Mediterranean markets.

    The new ECDIS concept, as well as the newly opened offices, will operate
under the ChartWorld brand. SevenC s will continue as a separate software
brand, focused on the ongoing development of ECDIS kernel software, ENC
Chart Production Tools and specialist ECS applications.

    About DBT, ChartWorld and SevenCs

    Established in 1957, Hamburg based Dutch-Belgian-Trading GmbH, has a
long history in shipping and marine electronics' and is focused on the
development and distribution of innovative communication, automation, and
navigation solutions for the maritime industry.

    ChartWorld GmbH is a digital chart agent and VAR that specialises in the
resale of digital maritime data and data services for the professional
mariner, including a unique range of both S-63 and SENC products.

    SevenCs GmbH is a niche software house that develops software for the
maritime navigation industry. Its key products include the EC2007 ECDIS
Kernel, used by OEMs around the World in a wide range of chart display
applications, ENC digital chart production tools, used by hydrographic
offices and other chart producers, and ECS navigation software for
specialist applications, such as, portable pilot units.

    Press Contact

    Birgit Heinsen-Knapp, phone +49-40-851-724-0, mail to:
birgit.heinsen@chartworld.com

    SevenCs GmbH, Ruhrstrasse 90, D-22761 Hamburg, Germany

    http://www.sevencs.com

Source: SevenCs GmbH

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