Benthos Announces Licensing Agreement

Business Wire, May 30, 2001

Business/Technology Editors

NORTH FALMOUTH, Mass.--(BUSINESS WIRE)--May 30, 2001

Benthos, Inc. (NASDAQ:BTHS) announced today that it has been granted an exclusive worldwide license from Simon Fraser University (SFU) for the computed angle of arrival transient imaging and small aperture range versus angle sonar technology which is generally known as "SARA/CAATI Swath Bathymetry Sonar" technology, for use in swath bathymetry including 3D side scan sonar. Benthos has also partnered with SFU's Underwater Research Laboratory to conduct future research in developing an enhanced prototype system and for eventually commercializing this technology.

Benthos, Inc., through its Undersea Systems Division, designs, manufactures, sells and services a variety of oceanographic products for underwater tasks; and through its TapTone Package Inspection Division makes systems for testing consumer packages made of glass, metal or plastic. The common stock of the Company is traded on The Nasdaq SmallCap Market under the symbol BTHS. For more information, Benthos can be found on the Internet at www.benthos.com.

Forward Looking Statements

The statements in this news release and in oral statements which may be made by representatives of the Company relating to plans, strategies, economic performance and trends and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Federal Securities Laws. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors which include: the timing of large project orders, competitive factors, shifts in customer demand, government spending, economic cycles, availability of financing as well as the factors described in this news release. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described herein as anticipated, believed, estimated, expected or intended.