Caterpillar to Sponsor OCEARCH, Performing Global Shark Research on the Ocean

Thu Feb 14, 2013 2:00pm EST

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Sponsorship will help fund sustainable marine practices to further research on
sharks—a key member of the ocean's ecological system
PEORIA, Ill.,  Feb. 14, 2013  /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) and
OCEARCH have agreed to a multi-year partnership that will help propel the
OCEARCH organization's global research on sharks. OCEARCH has led 15 expeditions
to safely research the breeding, feeding, migration and birthing patterns of
these ocean creatures.  

"Most people think sharks are invincible," said OCEARCH founder  Chris Fischer.
"But they are in real danger*. We must find a sustainable path forward because
sharks play a crucial role in maintaining balance in the delicate oceanic
ecosystem. Now, thanks to the generous sponsorship of Caterpillar, we can
continue our critical research expeditions that generate the data needed to
inform policy makers, students and the general public on this issue."

Fischer's vessel, the MV OCEARCH, already relies on Cat power in the water. The
boat with its team of scientists and crew runs on two Cat engines and has three
Cat generators on board that power an at-sea laboratory, custom-built hydraulic
lift and 55,000-pound capacity research platform with the capability of handling
5,000-pound sharks.

"OCEARCH's significant work is advancing our knowledge and sustaining the waters
that are so vital to people and economies around the world," said  Tom Frake,
Caterpillar vice president with responsibility for the Marine and Petroleum
Power Division. "The fact he's a loyal Cat customer is an added bonus. We're
proud to associate our two brands, which share common values, high levels of
success and a commitment to sustainability."

Because OCEARCH's work occurs in waters around the globe, Fischer understands
and depends on the unmatched support of Caterpillar's network of dealers.

"Seconds matter in our research," said Fischer. "The last thing you want is your
power supply to fail when you're trying to tag a two-ton great white shark on
the hydraulic lift. If we need a part, I know a call to the local Cat dealer
will be answered quickly, and we'll be back in business. The dependability of
Cat equipment along with their global dealer network makes them the ultimate
global enabler for our research, and we are proud to call them a partner."

"Chris doesn't have to be shown the benefit Caterpillar's business model can
bring to his operation-he intrinsically understands the value because he's lived
it for years," said Caterpillar Global Brand Marketing Manager  Diane
Lantz-Rickard. "He believes in our products and support; we believe in the work
he's doing for our planet. It's a satisfying match."  

OCEARCH embarks on its first Caterpillar-funded expedition on  February 21,
2013. When his crew leaves  Jacksonville, Florida, they'll spend the following
20 days at sea conducting critical research on great white sharks with leading
researchers such as Dr.  Greg Skomal  of the  State of Massachusetts  and Dr. 
Robert Hueter  of Mote Marine Laboratory in  Sarasota, Florida.  

*The International Union for Conservation of Nature (IUCN) has determined that
of the shark and ray species assessed, 30 percent are threatened or
near-threatened with extinction.

About Caterpillar  
For more than 85 years, Caterpillar Inc. has been making sustainable progress
possible and driving positive change on every continent. With 2012 sales and
revenues of  $65.875 billion, Caterpillar is the world's leading manufacturer of
construction and mining equipment, diesel and natural gas engines, industrial
gas turbines and diesel-electric locomotives. The company also is a leading
services provider through Caterpillar Financial Services, Caterpillar
Remanufacturing Services and Progress Rail Services. More information is
available at:  http://www.caterpillar.com.

About OCEARCH
OCEARCH is a non-profit organization with a global reach for unprecedented
research on the ocean's giants, supporting leading researchers and institutions
seeking to attain groundbreaking data on the biology and health of sharks, in
conjunction with research on shark life history and migration. The researchers
OCEARCH supports work aboard the MV OCEARCH, a 126' vessel equipped with a
custom 55,000 hydraulic lift and research platform, which serves as both
mothership and at-sea laboratory.  In addition to enabling unprecedented
research at sea, Caterpillar's support of the OCEARCH vessel and team enables
generation of data that is required to complete critical studies as well as
educating students and the public through the Global Shark Tracker.  More
information can be found at  www.ocearch.org, including access to the Global
Shark Tracker.

SOURCE  Caterpillar Inc.


Rachel Potts, Global Government & Corporate Affairs, +1-309-675-6892,
potts_rachel_a@cat.com; or Chris Berger, +1-321-231-3300, press@OCEARCH.org

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