DGAP-News: OTI Greentech AG

DGAP-News: OTI Greentech subsidiary VTT Maritime signs general agreement with Deep Sea Supply

DGAP-News: OTI Greentech AG / Key word(s): Agreement/Contract OTI Greentech subsidiary VTT Maritime signs general agreement with Deep Sea Supply

24.06.2016 / 10:00 The issuer is solely responsible for the content of this announcement.

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OTI Greentech subsidiary VTT Maritime signs general agreement with Deep Sea Supply

- Agreement covers complex maritime consulting & engineering services and technical inspections

- Contract term of three years

Berlin, 24. June 2016 - OTI Greentech AG (WKN A0HNE8), an internationally operating environmental technology group listed at the Düsseldorf Stock Exchange, today announced that it has signed another major general agreement via its subsidiary VTT Maritime. Under the agreement, VTT Maritime will provide complex consulting and engineering services and carry out technical inspections for Deep Sea Supply Plc, a globally operating offshore supply vessel company.

The agreement has a term of three years, with an option to extend it by one year. The deal is a testament to VTT Maritime's excellent positioning in the shipping sector.

Deep Sea Supply Plc (DESSC) is a globally operating offshore supply vessel company based in Cyprus and listed on the Oslo Stock Exchange (OBX). The company operates a fleet of 37 offshore support vessels. Its regional focus is currently on the North Sea, West Africa, the Mediterranean, South East Asia and Brazil.

"We are delighted to be one of the key service and consulting companies for Deep Sea Supply worldwide," says Johnny Christiansen, CEO of OTI Greentech AG, commenting on the agreement. "Our expertise in providing consulting and engineering services to global shipping companies and our ability to act as a reliable partner to owners and operators of ships worldwide has once again resulted in a major contract for VTT Maritime."

About OTI Greentech AG

OTI Greentech is an internationally operating environmental technology group offering integrated product and service solutions worldwide. The Company operates in two market segments: Maritime Solutions and Industrial Solutions. The Maritime Solutions segment provides innovative products, consultancy and engineering services to the global shipping and offshore oil & gas industries. The Industrial Solutions segment provides environmentally-friendly solutions in cleaning and waste management as well as complex engineering services for infrastructure projects. Its portfolio includes the patented ECOSolut product family. The shares of OTI Greentech AG are listed on the Düsseldorf Stock Exchange.

Contact

OTI Greentech AG Johnny Christiansen, CEO info@oti.ag Tel. +49 30 220 136 900 Potsdamer Platz 1, 7. OG 10785 Berlin

edicto GmbH Axel Muehlhaus, Dr. Sönke Knop amuehlhaus@edicto.de Tel. +49 69 905505-52 Eschersheimer Landstr. 42-44 60322 Frankfurt



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24.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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