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Boart Longyear Launches New Surface Coring Rig


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© Business Wire 2008
2008-09-24 23:58:00 -

- Boart Longyear Limited (ASX: BLY), the world's leading integrated drilling services and products provider, has introduced its new 4200 surface exploration drill. Designed as the next generation of surface coring rig, the 4200 includes never-before-seen design features that will deliver significant gains in safety, performance, productivity, reliability and ease-of-use.

"Our new 4200 diamond drill is the most advanced

surface coring rig available in the marketplace, and we expect it to quickly become the industry standard. This drill was designed and developed through close cooperation by our global engineering and drilling services teams and demonstrates Boart Longyear's commitment to continue to provide new, innovative products specifically designed to meet the increasingly sophisticated and technically demanding needs of the mining industry," said Mike Birch, Vice President of Global Products Division.

"This is one of several new products introduced by Boart Longyear in 2008. Given the recent investments made in our product development and engineering organizations and our commitment to further solidify our technology leadership position in the industry, we expect to further accelerate new technology development and the number of new product introductions into the future."

The 4200 features the safest and most flexible rod management system in its class, including the industry's first truly hands-free rod handling system. The operating technology included with the 4200 is based on proven, reliable systems that will reduce fuel consumption and emissions, while at the same time improve drilling productivity and safety. This operating technology will also make the rig very easy to operate, even for the least experienced driller.

To learn more about the 4200 surface exploration drill, visit www.boartlongyear.com

About Boart Longyear

Boart Longyear is a 100-year-old global organization headquartered in Salt Lake City, Utah, with offices and operations in Asia Pacific, North and South America, Europe and Africa. The company is the leading provider of drilling services and drilling products for the global mining industry, and also has a substantial presence in drilling for other purposes, including water exploration, environmental and oil sands exploration.

With 2007 sales of over $1.5 billion and nearly 10,000 employees worldwide, the company conducts contract drilling services in more than 40 countries, and provides mining products to customers in over 100 countries.

Boart Longyear
Media Contact:
Jodi Monaco, 801-954-2409
jmonaco@boartlongyear.com
or
Investor Contact:
John Heskett, 801-952-8513
john.heskett@boartlongyear.com


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