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Immersive Technologies Announces Significant Repeat Purchases of AE Simulators by Major Mining Companies

17 June, 2005 - Perth Australia

As the mining industry continues to heat up, Immersive Technologies is experiencing a jump in the number of orders for its Series 2B Advanced Equipment (AE) Simulators. Of particular interest are significant repeat purchases from existing customers.

Recent repeat purchases include a 3 rd Simulator by the Newmont group for its Ahafo project in Ghana, a 5 th Simulator by Phelps Dodge for El Abra in South America, 2 nd and 3 rd Simulators and a refurbishment of their existing Simulator by PT Freeport (Grasberg) in Indonesia and a 2nd for Kaltim Prima Coal in Indonesia.

PT Freeport Indonesia (PT-FI) will have a Simulator Training capability comprising 3 Transportable AE Simulators Series 2B, all for Grasberg, 4 Caterpillar Truck Conversion Kits®, a Komatsu Truck Conversion Kit®, a P&H Mining Equipment 4100A Electric Rope Shovel Conversion Kit®, an O&K Terex RH200 Electric Shovel Conversion Kit®, and a Caterpillar Dozer Conversion Kit®.

PT-FI bought its first Simulator in mid-2001 primarily to increase safety of Operations of earthmoving equipment as new Operators were recruited.

“In a challenging mining environment and where on site changes were already resulting in improved performance, it was time for Freeport to take a fresh look at the potential benefits of simulator training. Specific benefits being targeted were improved safety, more efficient production and improved equipment availability.

Immersive Technologies emerged as the favored provider of the goods and services because they had an  existing simulator on site, broad product range, strength in the market place, relationships with OEM’s, and commitment to support the simulators on and off site.  Simulator sponsorship from Trakindo and P&H Mining Equipment who provide maintenance and support services on site were also instrumental in Freeport decision to purchase additional simulators,” said Brendan Vaughan, Grasberg Business Support Development Manager

Phelps Dodge continues to increase their deployment of AE Simulators following early success achieved at four of their mines. Now with five AE Simulators and a host of Conversion Kits® their investment is set to further increase their bottom line.

"Our investment in this technology is expected to provide a significant enhancement to our zero and beyond safety efforts, as well as generating significant cost savings from maintenance and productivity improvements.", Jim Amburst, Business Improvement Manager at Phelps Dodge USA.

Newmont commenced utilizing their first AE Simulator in 2001 in Indonesia. This latest purchase sees the group with AE Simulators in Peru and now Ghana – Africa. Newmont have been an intense user of this technology typically running their training 24/7.

Kaltim Prima Coal in Indonesia acquired their first AE Simulator in 1998. The latest purchase was required to extend on this capability as the mine continues to expand.

“We are delighted that o ur customers are realizing significant tangible returns on their investments with Immersive Technologies AE Simulators. Immersive Technologies is committed to ongoing development and support that will see our substantial customer base continue to improve their safety and profitability through our technology. ” said Peter Salfinger, CEO Immersive Technologies.

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About Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of surface and underground Advanced Equipment Simulators to the global mining industry. The company has achieved this unique position by focusing on its mission to make every mining and earthmoving equipment operator in the world safer and their employer more profitable through its simulation technologies. Immersive Technologies' Advanced Equipment Simulators are helping hundreds of mining companies around the world to increase their equipment operators' safety and site profitability through effective simulation training.

Immersive Technologies provides its customers with the most effective Advanced Equipment Simulators available. This is made possible through the formal exclusive licensing and technical information alliances Immersive has established with the leading Original Equipment Manufacturers (OEM), including: Caterpillar, Hitachi, Komatsu and Liebherr. These unique alliances provide Immersive Technologies with exclusive access to the OEM's proprietary and confidential machine technical information that is required to correctly simulate the OEM's machines and is not available through other public or dealer channels.

With advanced simulator modules deployed in 39 countries, Immersive Technologies is dedicated to provide outstanding service. To deliver on this commitment the company has customer sales and support offices located close to its customers in Perth and Brisbane Australia, Salt Lake City USA, Calgary, Ottawa & Vancouver Canada, Monterrey Mexico, Lima Peru, Santiago Chile, Bochum Germany, Johannesburg South Africa, Jakarta Indonesia, Kolkata India and Jeddah, Saudi Arabia.

Immersive has the global mining experience, innovative technology, product range, OEM relationships, proven support commitment and industry vision to partner with you to ensure your simulator training solution delivers the significant results you expect.

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