Scorpion Offshore Ltd. Selects IMPACT ERMTM to Help Achieve Excellence in Health, Safety, & Environment Performance

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Syntex Management Systems, Inc., a provider of Enterprise Risk Management (ERM) software solutions, announced today that Scorpion Offshore Ltd. ("Scorpion") selected IMPACT ERMTM software as their company-wide Health, Safety and Environment (HSE) management system. The application applies enterprise-level web-based technology to integrate a central risk mitigation action item program with both reactive and proactive business processes for risk discovery - establishing a platform for continuous improvement of Enterprise Risk Management (ERM) activities. The application will enable the management team to keep programs simple, focus on the key processes and monitor for assurance and improvement.

We look forward to forming a long-lasting business relationship with Scorpion

Syntex Management Systems, Inc., a provider of Enterprise Risk Management (ERM) software solutions, announced today that Scorpion Offshore Ltd. ("Scorpion") selected IMPACT ERMTM software as their company-wide Health, Safety and Environment (HSE) management system.

IMPACT ERMTM suite will provide Scorpion the framework necessary to achieve HSE performance excellence. The application will enable the management team to keep programs simple, focus on the key processes and monitor for assurance and improvement.

"We are confident that the technology provided via the IMPACT ERMTM solution will augment our SAP ERP system and enable Scorpion to implement a unique methodology for investigating incidents and implementing corrective actions proposed by the Petroleum Section of the National Safety Council," said Travis Fitts, Vice President of Human Resources, Health, Safety and Environment for Scorpion. "Several companies have attempted to implement the process with varying degrees of success and we are encouraged that our partnership with Syntex will allow us to effectively put this process in place."

Scorpion currently uses an internally developed risk management process called "STING". The process begins with identifying the steps to complete a task, and then goes on to identify the necessary tools, pinpoint hazards, name control measures for eliminating risk and then get agreement that risk has been effectively reduced. IMPACT ERMTM will compliment the "STING" process with the use of the Risk Assessment Matrix, allowing Scorpion to focus efforts on planning and implementing processes that incorporate risk management and safety observations.

"We look forward to forming a long-lasting business relationship with Scorpion," said Trent Derr, President and Chief Executive Officer for Syntex. "IMPACT ERMTM will be the key enabler for their risk management methodology and processes."

Syntex continues to raise the bar in facilitating collaboration through its software, IMPACT ERMâ„¢ suite, allowing employees and contractors, from front office to field operations to easily and efficiently report incidents and manage action items. The application applies enterprise-level web-based technology to integrate a central risk mitigation action item program with both reactive and proactive business processes for risk discovery - establishing a platform for continuous improvement of Enterprise Risk Management (ERM) activities. The IMPACT ERMTM suite implementation, which has been widely successful with many customers, such as MI SWACO, ExxonMobil and Shell, will provide Scorpion with a proven world-class risk management tool.

About Scorpion Offshore Ltd.
Scorpion was established in April, 2005 to construct and operate modern, cost effective offshore drilling rigs in key oil and gas markets worldwide. The Company is currently constructing five ultra-premium LeTourneau Super 116 jackup rigs at the KEPPEL AmFELS, Inc. shipyard in Brownsville, Texas. Delivery of the rigs begins in May 2007, and continues through October 2007, March 2008, June 2008 and November 2008 respectively. Scorpion is led by an experienced management team dedicated to customer service and emphasizing safety and operational excellence. With its fleet of ultra-premium jackup offshore drilling rigs, Scorpion will seek contracts globally with customers who demand a higher level of service and performance. For more information, please visit http://www.scorpionoffshore.com.

About Syntex Management Systems, Inc.
Syntex Management Systems, Inc. designs, develops, and delivers commercial software solutions for Operational and Enterprise Risk Management (ERM) in multiple industries. Syntex enables organizations around the world to reduce their exposure to loss while implementing continuous process improvement to create an annually renewable impact on their bottom line. Through continuously improving the execution of enterprise-wide management systems, our customers improve their performance across operational, quality, compliance, auditing, reputation, environmental, health, safety and security management functions. As a result, Syntex has unequaled expertise in making our customers successful and protecting their reputations by turning continuous improvement strategies into repeatable practices and policies using the power of our enterprise class software solutions. To learn more about Syntex and our products and services, please visit our Web site at http://www.syntexsolutions.com.

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