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Siemens Introduces the Most Efficient Diesel Electric Propulsion System for Offshore Vessels in the U.S.

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Siemens
16633 Dallas Pkwy., Suite 400
Addison, TX, 75001
USA



Press release date: November 30, 2011

New Drive is Now Available in the North American Marine Market

ATLANTA -- Siemens Industry, Inc. (NYSE: SI) today announced it has improved upon its popular Siship Blue Drive with the launch of its Blue(TM) Drive Plus C system, a new diesel electric propulsion system now available in the United States.

Developed by Siemens Marine Solutions Global Center of Competence in Trondheim, Norway, the innovative Blue(TM) Drive Plus C is unrivaled in the marine market today, and offers an alternative to pricier, less energy-efficient solutions for offshore service vessels.

"This energy-efficient drive has set a new industry standard," said Doug Keith, president, Drive Technologies, Siemens Industry. "With the myriad of environmental, maintenance and cost benefits that it offers, the Blue(TM) Drive Plus C will be invaluable to vessel owners and operators in the U.S."

Based on Siemens ground-breaking diesel electric technology, the system uses less fuel, resulting in substantial cost and energy savings. The environmentally-friendly Blue(TM) Drive Plus C offers a significant reduction in harmful greenhouse gases. The total emissions of NOx and greenhouse gases for the new drive is lower than for other comparable vessels with diesel or gas operations. When compared with dual-fuel offshore vessels with the same operating profile, greenhouse gas emissions can be reduced by up to 27 percent.

Other benefits of the Blue(TM) Drive Plus C include reduced diesel engine maintenance costs and reduced total energy consumption of up to 15 percent as compared to other diesel electric propulsion systems currently on the market. When compared to gas or dual fuel operations, the energy savings increase to 23 percent.

Siemens Marine Solutions is among the world's leading suppliers of diesel-electric propulsion systems with over 160 low voltage diesel electric propulsion systems in operation around the world. For more information, please visit www.siemens.com/marine.

About Siemens: Siemens Industry Sector is the world's leading supplier of innovative and environmentally friendly products, solutions and services for industrial customers. With end-to-end automation technology and industrial software, solid vertical-market expertise, and technology-based services, the sector enhances its customers' productivity, efficiency and flexibility. With a global workforce of more than 100,000 employees, the Industry Sector comprises the Industry Automation, Drive Technologies and Customer Services Divisions as well as the Metals Technologies Business Unit. For more information, visit http://www.usa.siemens.com/industry.

The SiemensDrive Technologies Division is the world's leading supplier of products, systems, applications, solutions and services for the entire drive train, with electrical and mechanical components. Drive Technologies serves all vertical markets in the production and process industries as well as the infrastructure/energy segment. With its products and solutions, the division enables its customers to achieve productivity, energy efficiency and reliability. For more information, visit http://www.usa.siemens.com/drivetechnologies.

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