One of the Two 41 Foot River Freighters Delievered to Caspian Services From DIB Inflatable Boats

Caspian Services Takes Delivery of Two 41 Foot, Shallow Water, Oil & Gas Exploration Boats from Demaree Inflatable Boats

Rugged Inflatable hull, rigid deck boats offer cost-effective exploration options in transition zones

Friendsville, Md, July 30, 2008, Demaree Inflatable Boats Inc. (DIB), a leading manufacturer of industrial grade inflatable boats and pontoons, announced that it has delivered two 41’ River Freighters to Caspian Services, Inc, (“Caspian”) (OTC Bulletin Board: “CSSV.OB”), a company that provides a broad range of services to the oil and gas industries in the Republic of Kazakhstan. The boats will be used for oil and gas exploration in shallow water areas of the Caspian Sea.

The River Freighter is 41’ (12.5 meters) long and 14’ (4.2 meters) wide, with each pontoon made of highly durable, vulcanized neoprene, with heavy reinforcing strips to help with fendering. The 35’ 6” long, diamond plate 5086 aluminum deck consists of five sections that bolt together to provide a secure working platform. The frames are also designed to come apart and nest one inside another for easy transportation and storage. Each boat is powered by twin Yanmar Bravo II diesel engines, which are rated at 315 hp each. The boat has a dry weight with engines of 10,000 lbs, and a design working load of 17,000 lbs.

In addition to the boats in Kazakhstan, DIB has its 32’ and 41’ River Freighters being used by various geophysical companies and government organizations off the waters of Australia, Bangladesh, Brazil, British Columbia, Egypt, Indonesia, Malta, Mexico, Uganda, and the U.S.A.

Dave Demaree, president of Demaree Inflatable Boats said, “We are pleased that Caspian Services, a leading provider of services to the oil and gas industry throughout Kazakhstan, has selected these 41’ River Freighters for work in the Caspian Sea. With its twin pontoons and its diamond plate aluminum deck, these boats provide a rugged, stable platform for a wide variety of tasks including deploying and retrieving geophysical cable. In addition, these boats are capable of ferrying equipment from ship directly to shore and back again.”

The 41’ River Freighter comes with the following features:

About Demaree Inflatable Boats (dib) With headquarters in Friendsville, MD, Demaree Inflatable Boats, Inc. (DIB) is a custom manufacturer of industrial grade inflatable workboats, dive boats, pontoons, and RIB sponsons for government and for private industry. Established in 1982 as a manufacturer of inflatables for the whitewater rafting industry, DIB has dominated sales of motorized inflatable pontoon boats used by outfitters on the Colorado River for more than 25 years. DIB manufactures all of its boats from the highest-quality materials available including vulcanized neoprene, Hypalon, urethane, and other materials on a custom basis. DIB also manufactures underwater lifting bags, and related products. To receive more information about Demaree Inflatable Boats and its products, call 1-800-DIB-TUBE (1-800-342-8823).