Stavanger, Norway – 21st February 2010

Kadme AS is pleased to announce the appointment of Mr. Kjell-Arne Bjerkhaug as the new Managing Director, effective 1st March 2010.

Mr. Bjerkhaug joins Kadme from Geograf, where he served as Managing Director. Before that he was VP of Sales and Marketing of CGGVeritas/Seabed.

“It is a real honor to have Kjell-Arne as our new Managing Director” commented Gianluca Monachese, company founder and previous Managing Director. “Kjell-Arne is well known in the industry for his professionalism and ethics. He is a stamp of quality for everybody who works with him: employees, customers, suppliers and competitors alike”.

Mr. Bjerkhaug has many years experience with Seismic data processing, having covered Senior roles with Geco (later Geco-Prakla), where he was also the first to process seismic 3D data in Norway in 1979. In his period with Geco-Prakla he was for four years in charge of several business lines in the Far East/Middle East and Australia.

In 1994 he was appointed Managing Director for PetroData AS, implementing the first multi-client National DataBank for Petroleum data and operating part of the National Petroleum Dataset for Norway (DISKOS). Mr. Bjerkhaug was also Managing Director for Schlumberger Infocenter Norge AS (SINAS), the company that operated the DISKOS data repository in Norway from 2003 to 2008.

Mr Bjerkhaug has substantial national and international experience in providing services to the global E&P community.  He also serves on the Board of Directors of ECIM (the Expert Center for Information Management), a foundation established by the industry to promote Information Management profession, competence and best practices within the E&P Industry.

Gianluca Monachese will be Director of Business Development in the new Kadme organization lead by Kjell Arne Bjerkhaug.