November 15, 2004. Salem, New Hampshire: The Federal Energy Regulatory Commission (FERC) has retained ioMosaic to assist in evaluating its cryogenic design review process and inspection program that is used to assess potential projects and ensure the safety and reliability of each jurisdictional LNG import terminal and peak shaving facility.

ioMosaic's scope of work includes a comprehensive evaluation of the engineering and safety information required of applicants under Title18 (Code of Federal Regulations Part 380.12, Resource Report 13) and the criteria through which this information is analyzed by FERC to determine safe and reliable operations.

Additionally, the study will focus on a wide range of issues that can impact safety such as the adequacy of company operating and maintenance practices, the adequacy of intervals related to construction and operational inspections, and an assessment of international regulations and standards that may contribute towards enhancing safety and reliability.

“FERC has consistently displayed leadership in ensuring application of the highest safety standards in the LNG industry," said Mr. Henry Ozog, General Partner at ioMosaic. “We look forward to discussing our recommendations and conclusions with them on how to extract the maximum safety benefits from their LNG cryogenic design filing/review requirements and inspection program.”

About ioMosaic Corporation

ioMosaic Corporation is a leading provider of safety and risk management consulting services. Since the early 1970's, our senior staff and consultants have conducted many landmark studies including an audit of the Trans-Alaska pipeline brought about by congressional whistle blowers, and the safety of CNG powered vehicles in tunnels. Our senior staff and consultants have authored more than ten industry guidelines and effective practices for managing process safety and chemical reactivity and are recognized industry experts in LNG facility and transportation safety.

ioMosaic Corporation is a leading provider of safety and risk management consulting services. Since the early 1970's, our senior staff and consultants have conducted many landmark studies including investigation of the Bhopal disaster, an audit of the Trans-Alaska pipeline brought about by congressional whistle blowers, and the safety of CNG powered vehicles in tunnels. Our senior staff and consultants have authored more than ten industry guidelines and effective practices for managing process safety and chemical reactivity and are recognized industry experts in LNG and pipeline safety.

ioMosaic Corporation is also the leading provider of pressure relief systems design services and solutions. Its pressure relief system applications are used by over 250 users at the world's largest operating companies. It holds key leadership positions in the process industries' most influential and active pressure relief system design, and chemical reactivity forums, and plays a pivotal role in defining relief system design, selection, and management best practices.

For more information about ioMosaic, please visit: www.iomosaic.com.