Kristiansand, Norway 11/6/2007

Siem Offshore Inc is an owner and operator of vessels for the global oil and gas service industry. The company is located with its head office in Kristiansand and operations in Rovde. Our search for an effective and integrated process, regardless of localization, led us to a process for handling our purchases and payments with a digital solution. This provides the opportunity to match Purchase Orders with Invoices and ensure that our procedures are fulfilled.

Our decision, to use Compello, is due to their dedicated shipping focus and good integration with our ERP system, Shipnet. Compello is also a standardized system with a secure, effective implementation which should result in a quick return on investment.

Oskar Mykland
CFO