Norway: Oveldi Worldwide Enters Talks with TP Shipping

 

The management of Oveldi Worldwide has begun talks with Norwegian ship brokers TP Shipping of Grimstad, Norway.

President Thomas Parlow, 16 year president of TP Shipping and formerly of TexShip Chartering of Houston, Texas, specializes in heavy lift transports, project cargo transports and IMO cargo movements. A partnership with Oveldi Worldwide and integration with Oveldi’s flagship suite of software could enhance value and provide greater controls for TP Shipping’s client base. Oveldi Worldwide is seeking to license EviCAT and provide cross industry services for TP Shipping as well as benefit from the expertise offered by TP Shipping.

Oveldi and TP Shipping are both members of the Heavy Lift & Project Forwarding International Group as well as High, Wide and Heavy.

 Safe Harbor Act Notice:

Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company’s ability to obtain additional financing and the demand for the company’s products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to lose their entire investment. Before investing, please review this filing, all past public filings with the SEC, all current Pinksheets.com filings and consult a registered broker dealer or contact the financial industry regulatory authority (“FINRA”) for more information regarding locating a qualified party to assist in making an investment decision. The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company’s expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the company’s success are more fully disclosed in the company’s most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “should,” “will,” and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

 About Oveldi Worldwide Shipping Group

Oveldi provides supply chain management solutions designed to provide the best product tracking system in the world, primarily to European and North American companies manufacturing in Asia, in exchange for shipping contracts. The management team of Oveldi have retooled businesses in industries with the world’s most complex tracking requirements.

Oveldi’s integrated solution, EviCAT(TM), is designed to provide complete order and shipment tracking. We achieve this by monitoring each piece of a manufacturing order, updating the status of each piece throughout the manufacturing cycles, providing accurate and up to the minute information to interested parties. Any authorized user of the system can follow the progress of an entire manufacturing cycle down to each individual piece, remotely as it makes its way from the production line to the shipping line to the final destination. Knowing precisely where an order is allows the recipient to accurately plan to receive the order. Marketing campaigns can be accurately planned, warehousing requirements can be established with plenty of lead time and production or shipping delays, which are common, are no longer a surprise. These companies are already large clients to the shipping industry; Oveldi simply increases the value to the client by introducing advanced technology and information previously unavailable.

In addition to the commercial advantages EviCAT(TM) delivers, it is also connected to the United States Department of Homeland Security and the United States Customs and Border Protection services, the European Economic Union’s CCT (Common Customs and Tariffs) and the Canadian Border Services Agency, which are rapidly changing the laws governing inbound container shipments. Many countries, including China (which is the world’s largest exporter of container goods) have agreed to comply with new regulations but are years away from complete compliance. Each manufacturer using EviCAT(TM) can become fully compliant once the system is integrated with the CRM and manufacturing systems.

[mappress]

Offshore WIND staff, March 22, 2012

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