Forum Announces the Sale of a Mojave ROV to GeoTeam S.r.l.

HOUSTON--December 12, 2011: Forum Energy Technologies Inc. (FET) is pleased to announce the sale of a Sub-Atlantic Mojave observation Remotely Operated Vehicle (ROV) to GeoTeam S.r.l. of Rome, Italy. GeoTeam is a solutions-based marine survey, construction support and geotechnical contractor, with operations in the United Kingdom, Italy and the United Arab Emirates.

“We chose the Sub-Atlantic Mojave because of Forum Subsea Technologies' innovative approach to vehicle design, as well as the positive past experience we have had with their Comanche, Light Work Class ROV.”

The Sub-Atlantic Mojave ROV will be used in support of a contract in the Adriatic Sea using Flooded Member Detection, Close Proximity and other Non-Destructive Testing equipment.

Mick Jones, Senior Vice President of Forum Subsea Technologies, commented, "We are extremely pleased to be working with GeoTeam on this project and are confident we will continue to build a mutually beneficial relationship. Forum Subsea Technologies is well positioned to support our customers in Italy through our dedicated team of offshore support engineers, DPS Rental, DPS Personnel and our regional partner, Mauro Stasi of iROV."

Managing Director of GeoTeam, Alessandro Piacitelli, stated, "We chose the Sub-Atlantic Mojave because of Forum Subsea Technologies' innovative approach to vehicle design, as well as the positive past experience we have had with their Comanche, Light Work Class ROV."

Forum Subsea Technologies' product offering ranges from electric observation class ROVs to large hydraulic work-class vehicles used for inspection, survey and deep-water construction, as well as other remote intervention technologies and services.

About Forum Energy Technologies

Forum Energy Technologies Inc., headquartered in Houston, Texas, is a global provider of manufactured technologies and applied products to the energy industry. With approximately 3,000 employees strategically located throughout the world. Forum is well positioned to provide the products and technologies essential to solving the increasingly complex challenges of the subsea, drilling and production sectors of the oil and gas industry.