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    Oceaneering Acquires SpiderBOT ROVs

    January 24, 2005

    January 24, 2005 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced the acquisition of SpiderBOT Remotely Operated Vehicle (ROV) technology and assets from Dark Matter, L.L.C. The technology enables completion of unique subsea missions using these small ROVs, which achieved notoriety for conducting highly successful interior surveys and high-resolution film documentation of the Titanic and Bismarck shipwrecks in water depths of nearly three miles.

    PR 902

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