Rowan Companies Expands Use of SARS Intelitrax to Include Fleet of Land Rigs

November 26, 2007;
SEATTLE

SARS Corp. (OTCBB:SARO) ("SARS"), a leading provider of remote asset management and telematics solutions, today announced that Rowan Companies, Inc. (NYSE:RDC) ("Rowan") has expanded its use of the SARS Intelitrax tracking service to include its fleet of land-based oil rigs.

"With SARS Intelitrax, we're able to closely monitor all of our assets within one single view," said David Russell, President of Drilling Operations, Rowan Companies. "Since we began using the service we have greatly improved both the efficiency and safety of our drilling operations."

With SARS Intelitrax, Rowan tracks fixed and mobile assets, which includes 29 land-based oil rigs located in Texas, Oklahoma, Louisiana and Alaska. Since 2006, Rowan has used SARS to track offshore oil rigs and buoys in the Gulf of Mexico, Caribbean, Persian Gulf and the North Sea. SARS also tracks helicopters transporting crew to and from platforms in the Gulf of Mexico, as well as buoys marking sunken rigs. During hurricane season, SARS locates rigs moving off anchor so that they are returned to service swiftly and with minimal loss of production.

"The Rowan deployment is a great example of what makes SARS unique - our ability to combine data from a wide range of asset types that use multiple communication systems and hardware devices. We deliver that data within one single, easy-to-use application," said Clayton Shelver, CEO of SARS Corp. "Looking ahead, we're very excited about adding long-range Automatic Identification System technology to increase the radius of tracking and monitoring for the offshore energy industry."

With SARS, Rowan receives real-time business intelligence about the location and performance of each asset and its impact on operations. SARS' communication-independent and hardware-agnostic solutions combine widely disparate monitoring systems and methods into a single platform that streamlines information and delivers it to customers via a simple, Web-based interface.

SARS has alliances with numerous equipment manufacturers worldwide and its solutions are compatible with virtually all embedded devices. The SARS deployment for Rowan utilizes equipment from Axonn for land-based drilling rigs. Devices from SkyWave Mobile Communications and Optec, Inc. are part of the SARS solution for the monitoring and tracking of offshore oil rigs and helicopters.

SARS also manages an international network of Automatic Identification System ("AIS") receivers to deliver real-time vessel traffic information for key ports and waterways as well as marine domain awareness surrounding offshore rigs. SARS is currently working with Shine Micro, Inc. to deploy long-range AIS receivers which can increase the coverage of each site from a typical 25 to 40 mile radius to greater than 100 miles, thereby dramatically improving the value of the data.

About SARS Corp.

SARS Corp. provides remote asset management and telematics solutions that deliver real-time business intelligence about fixed and mobile assets anywhere in the world. With the Intelitrax software suite, business and government organizations in the marine, energy, transportation and other industries can track, monitor and manage assets for improved safety, better security and increased business efficiency. To learn more about how SARS is helping companies centralize and leverage asset intelligence, visit www.sarscorp.com or join the SARS Corporation e-mail distribution list.

Safe Harbor Statement

The contents of this Press Release may contain forward-looking statements which can be generally identified as such because the context of the statement will include the words such as SARS Corp. "expects," "should," "believes," "anticipates" or words of similar import. Such forward-looking statements are subject to certain risks and uncertainties including the financial performance of SARS Corp. which could cause actual results, performance or achievements of SARS Corp. to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.

This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore.

"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this press release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. SARS Corp. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by SARS Corp. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, (iii) obtain additional financing, (iv) manage changes in general economic and business conditions (including in the asset management and asset tracking industries), (v) react to actions of our competitors, (vi) develop new services and markets for our services, (vii) properly quantify the time and expense involved in such development activities, (viii) identify and manage risks in connection with acquisitions (ix) evaluate the level of demand and market acceptance of our services and (x) make necessary changes to our business strategies.

SOURCE: SARS Corp.


Home I Products I Development I Applications I VARs I News I About Us I Contact
Copyright 2008 Axonn, LLC. All Rights reserved.