Bolt Technology Announces Underwater Robotic Vehicle Orders

Bolt Technology Corporation (NASDAQ Global Select Market: BOLT) has announced that SeaBotix Inc., its San Diego based underwater robotics vehicle systems unit, recently received orders totaling in excess of $8,000,000 from the Explosive Ordinance Disposal (EOD) groups of the United States Navy. The robotic vehicles are scheduled to be shipped prior to March 31, 2014.

Bolt Technology Corporation is a leading worldwide developer and manufacturer of marine seismic data acquisition equipment used for offshore oil and natural gas exploration. Bolt, through its SeaBotix Inc. subsidiary, is also a developer and manufacturer of remotely operated robotic vehicles systems used for a variety of underwater tasks