JDR Cable Systems Opens State-of-the-Art Manufacturing Facility in Hartlepool

HARTLEPOOL, U.K.--(Business Wire)--
JDR Cable Systems Ltd, a leading provider of subsea power cables, umbilical
systems and marine cables for the energy sector, celebrated the opening of its
new deepwater quayside facility at Hartlepool dock in North East England on
Friday 10th July. Iain Wright, Member of Parliament for Hartlepool officially
opened the factory stating, "JDR is a crucial supplier to the energy industry as
well as a fantastic example of a well-managed, innovative company." The event
drew key political figures, representatives from leading energy companies and
various regional development agencies.

The new purpose-built 100,000 sq ft facility is the only site in the UK designed
specifically to manufacture subsea power cables for the growing offshore
renewable energy market and the increasingly complex oil and gas sector.

Among the key-note speeches JDR received a special video message from Sir.
Richard Branson, chairman of the Virgin Group, who was unable to attend the
event in person. Branson stated, "It is commendable that the JDR team has made
this investment, especially in troubled economic times, and I applaud their
vision and their determination. I am a strong believer that we can all reduce
the impact of climate change and the world needs companies like JDR to step up
and provide the technology at a price we can afford."

Patrick Phelan, managing director of JDR Cable Systems commented, "The
development of the offshore renewables industry, combined with the need to
recover more oil and gas reserves from existing fields has led to an increase in
demand for highly specialised subsea power cables. The new site in Hartlepool
has been designed specifically to manufacture these products, along with
long-length step-out umbilicals for oil and gas projects. The response from the
market has been very positive with booked orders and an advanced stage of
tendering for many other projects."

About JDR Cable Systems

JDR is a leading provider of custom-designed and manufactured static and dynamic
subsea power cables, umbilical systems and marine cables for a broad range of
applications throughout the oil and gas sector, offshore renewable energy
industry, and seismic and defence markets.

JDR was featured in The Sunday Times Buyout Track 100 of the UK`s top Private
Equity-owned businesses. JDR ranked twelfth on the annual list of 100 companies,
and was the highest Original Equipment Manufacturer on the list. MD, Patrick
Phelan was named Businessman of the Year by the Cambridge Evening News. (2008)

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JDR Cable Systems
Jeanne Righter, Group Marketing Manager,
Direct: +1 713 466 6489
Mobile: +1 832 276 6166
Jeanne.Righter@jdrcables.com
or
JDR Cable Systems Ltd
Patrick Phelan, Managing Director
Direct: +44 (0) 1353 860 022
Patrick.Phelan@jdrcablers.com
or
JDR Cable Systems Ltd, Hartlepool Facility
Steve Parfitt, General Manager
Direct: +44 (0) 1429 851891
Mobile: +44 (0) 7500 916473
Steven.Parfitt@jdrcables.com

Copyright Business Wire 2009