Phoenix International Holdings, Inc.

HISTORY

In 1997, six underwater operations experts joined resources to form Phoenix Marine, Inc., an underwater services company dedicated to the waterborne repair of US Navy ships. This goal was realized when the US Navy awarded Phoenix a five-year Diving and Diving Related Services contract.

Within three years, the company, deploying an internally designed and built 6,000 msw depth capable ROV, won several internationally competed contracts to search for and recover aircraft and rocket components from water depths to 3,000 meters. In 2001, this demonstrated capability resulted in the award of another five-year contract to perform search and recovery services for the US Navy.

In 2003, from our operating base in Louisiana, Phoenix began providing underwater services to the oil & gas industry in the Gulf of Mexico. Starting with surface air and mixed gas diving, the company expanded into Atmospheric Diving and ROV services, allowing us to perform inspection, repair, maintenance, and construction operations from the surface down to 6,000 msw.

This expansion continues today, and Phoenix has grown into a diversified and internationally respected underwater services provider. In response to our increasingly global activities, the company changed its name to Phoenix International, Inc. in 2000, and to Phoenix International Holdings, Inc. in late 2007 when we became 100% employee owned.

Today, Phoenix is active in undersea markets worldwide, providing manned and unmanned underwater operations and engineering solutions to our customers' problems.

QUALITY POLICY

Phoenix International provides underwater engineering and operational solutions worldwide. Quality products and services are supplied and delivered through a commitment to:

  Provide procedures, equipment, training and a workplace that ensures the safety of our personnel
  Maintain high ethical standards with Customers, employees, and suppliers
  Provide a work environment that stimulates creativity, innovation, motivation, and excellence
  Continue to improve our Quality Management System, and the quality of our products and services
  Ensure our products and services meet Customer requirements and exceed their expectations

SAFETY STATEMENT

Phoenix International Holdings, Inc. is sincerely concerned with each employee’s safety and health, and we are committed to providing the safest working conditions possible.

Phoenix will maintain a vigorous safety, injury, and incident prevention program at each facility and job site, and we will endeavor to maintain these sites as free from recognized hazards as possible. We will provide each employee with proper training, safety equipment and appropriate tools.

Phoenix’s basic philosophy is that all personal injuries, as well as incidents that affect health, safety, and the environment can and must be prevented. While the responsibility for safety begins and ends with the company president, that responsibility is shared throughout the organization.

Group managers are responsible for their divisions, facility managers for their facilities, supervisors are accountable for the safety of their crews, and all individuals are accountable for their own safety.

All employees at every level are expected to accept full responsibility for their own safety, and for the safety of those with whom they work. Our goal is an incident-free workplace obtained through continuous improvement.

To this end, it is each employee's responsibility to question any practice, procedure, or decision that could adversely impact the health or safety of people, property, or the environment.

Phoenix will allocate the necessary resources to provide a safe and healthful work environment for the protection of its most vital resource, the Phoenix employee..