For Immediate Release – December 13, 2016

Phoenix International Holdings, Inc. (Phoenix) recently completed deepwater Remotely Operated Vehicle (ROV) operations in support of the search for Malaysia Airlines Flight 370 (MH370). Working under the direction of the Australian Transport Safety Bureau (ATSB) and deployed aboard the Chinese Rescue Salvage Bureau (RSB) vessel Dong Hai Jiu 101, Phoenix conducted a total of 33 dives using their 6,000 meter depth-rated Remora III ROV to inspect targets of interest identified during previously completed side scan sonar search operations.  The Remora III ROV operated at depths down to 4,800 meters of seawater and provided investigators with clear imagery of the targets of interest, which were ultimately identified as a combination of seafloor geology and manmade objects, such as shipwrecks, a pile of wire rope, and a 55 gallon drum.

“Phoenix is deeply honored to have participated in this historic deep ocean search effort, we are grateful to the ATSB and the RSB for their tremendous support, and we look forward to the day when the wreckage of MH370 is found.” Mike Kutzleb, Chief Executive Officer, Phoenix.

Phoenix, an internationally recognized expert and proven industry leader in the field of undersea search and recovery, provides quick response and turn-key services for the location and recovery of objects from any water depth down to 6,000 meters (20,000 feet) of seawater.

Phoenix is an employee-owned, ISO 9001-2008Management System-certified, marine services contractor providing manned and unmanned underwater solutions and project management services to a diverse set of clients worldwide. Services from our seven regional offices include wet and dry hyperbaric welding, Nondestructive Testing (NDT), subsea engineering, conventional and atmospheric diving, and intervention using AUVs, ROVs, and other robotic systems.

For further information please contact Pete LeHardy (plehardy@phnx-international.com) Tel: 301-341-7800, or view our web site: www.phnx-international.com.