Dubai, 13 March 2007– Labranda, an enterprise of Brightwell Holdings BV established with the vision to design and manufacture commercial water crafts, semi-products and to increase the use of composite materials in its shipyard in Tuzla Istanbul, has attracted remarkable attention at Dubai Boat Show just like last year.

During the show, Labranda introduced a detailed demo of the "Management and Diversification System" including high end communication technologies.

Labranda raised the bar at maritime transportation with its unique and innovative streak. In the new century, some developments generate necessities to increase the utilization of marine transportation. In relation with this trend, Labranda defined the needs of today’s commercial water crafts market and created solutions in this direction using state of the art technologies. We aim to increase our current market share by launching new multipurpose crafts.” said Kerem Güvenç, GM of Labranda A.Ş.

The latest model of Labranda, SeaSnuffer, a firefighting and rescue boat, has been operating in several projects in UAE since April 2006. Current portfolio of Labranda includes the following crafts:

SeaCab (Water Taxi )

SeaLiner (Passenger Ferry )

SeaDoc (Ambulance Boat )

SeaSnuffer (Firefighting and Rescue Boat )

SeaCop (Police Boat )

SeaPatrol (Patrol Boat)

SeaCoach (Sea Bus)

SeaValet (VIP boats)

Labranda collaborates with international companies in the design, testing and implementation of new generation water propulsion systems, development of composite materials and test platforms.

JAFZA (Jebel Ali Free Zone Authority ) – UAE SeaSnuffer

Istanbul Metropolitan Municipality – Turkey SeaCab

Banderabbas Water Transport Cooperative – Iran SeaCoach

Turkish Maritime Authority – Turkey SeaPatrol

The Brightwell Group is a private investment company that invests globally in the areas of Energy, Environmental Technologies, Media Content and Entertainment, Transportation Technologies and Innovative Technology Solutions and Services. Investments are currently managed through offices in the U.S., the Netherlands and Turkey. Primary countries of expertise are Turkey, USA, the CIS, United Arab Emirates, and Greece. The vast network of financial and strategic investors, financial and state institutions, authorities and opinion leaders that the Group possesses worldwide, provides the Brightwell Group with the assessment and evaluation of investment opportunities in light of strategic, economic, technical and political aspects, thus solidifying its position more sturdily than most other investors alike.