SIS earns record breaking contract amid legal victory

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Maritime and offshore IT company Star Information Systems (SIS) has signed a contract with Dutch dredging and marine contractor Van Oord, covering over 90 vessels and representing one of the largest IT contracts ever awarded within the maritime industry.

SIS will provide a comprehensive suite of software solutions for the technical management of the Van Oord fleet, including maintenance, purchasing, logistics and asset management. SIS will also develop additional software functionalities, to be integrated into this software and made available to other customers in the future.

This marks an eventful period for the company, which this week, also won an extensive and long running legal battle concerning a minority shareholding in SIS by maritime software competitor BASS.

Following this successful win, shares held by BASS have now been purchased by original SIS shareholders and their various companies. The legal case resulted when Barber International’s shareholding in SIS, established in 1999, transferred shares in SIS to its IT subsidiary, BASS, expecting the two companies would work together for mutual benefit. Competition between the software providers resulted in termination of this agreement in 2003.

The dispute was further complicated in 2005 when Barber rid itself of its IT subsidiary which was bought out by BASS management, in a sale which included the Barber-held shares in SIS. This sale took place a day after a court settlement between the two software companies following a breach of intellectual property rights by BASS.

Per Anders Koien, SIS Chief Executive, said: “We are delighted with the legal outcome and now have full control over our own destiny. We have continued to operate in trying circumstances, because the BASS shareholding constituted a direct conflict of interests. However, we have never stopped in our constant drive to fine-tune existing product lines and develop new ones. Now we are in a position to advance to the next stage of our development without further interference.”