March 25, 2009

VisualSoft launches US and Asian operations

 

Subsea technology and services company Triton Group is expanding the reach of its world-leading digital video business with the creation of new operations in the key US and Asian markets, based from the existing Houston and Singapore group support centres.

 

This launch is expected to generate significant growth for VisualSoft Ltd, the digital inspections systems company which was acquired by Triton Group in 2008. VisualSoft currently employs 12 people around the globe and recorded a £3 million turnover last year. With more than 450 systems in the field worldwide, the company both sells and rents their systems which offer a complete solution for underwater digital video capture, playback and reporting of pipeline and structural inspection survey data.

The Triton Group Houston and Singapore centres offer a range of specialised subsea intervention tooling systems and equipment for sale or rental from across the spectrum of the Group companies, plus technical support and recruitment services for oil and gas customers.

The Aberdeen-headquartered group, which recently completed its ninth acquisition in deals totaling more than £100million since its formation in 2007, has invested £3.5million in its global support infrastructure in the last two years. Triton Group chief operating officer Dave Sturrock said: “The increasing global demand for state-of-the-art technology and services in the subsea oil and gas sector provides an excellent platform for innovative and dynamic companies like VisualSoft to grow. These new bases will provide customers with a local point of contact for sales and service, and stocks of equipment for immediate delivery are already on-the-shelf in both locations.”

With a breadth and depth of capability Triton Group comprises of eleven companies specialising in the design, development, manufacture, sale and rent of remotely operated technologies and their systems’ components, the group also offers engineering support, training and the supply of qualified technical personnel.

END (25.03.09)
Issued on behalf of Triton Group by The BIG Partnership. For more information contact Laura Grant on +44 1224 615010 or +44 7813 880496

NOTE TO EDITORS:
Triton is an international group of businesses offering a range of control system based products and systems with complimentary services. Products include the widest range of market leading electric and hydraulic ROVs for inspection, survey and light intervention applications through to deepwater heavy construction applications. The Aberdeen-headquartered Group also offers a comprehensive range of ancilliary remote intervention products and tooling systems as well as operational services such as training programmes, offshore personnel recruitment, equipment rentals, management and servicing.

The companies in the group are Perry Slingsby Systems, Sub-Atlantic, UK Project Support Ltd (UKPS), Subco, Cynergetix Pty Ltd, Dynamic Positioning Services Ltd (DPS), Geoscience Earth and Marine Services Inc (GEMS), VisualSoft, VMAX, Seafloor Geoservices Inc (SGI) and ETS.