Mannvit Announces Launch of New Company Website in Hungarian

To support the company's Geothermal project work in Southern Hungary, Mannvit Engineering launched a new company website in Hungarian on August 24, 2009. The new website address is http://www.mannvit.hu.

The Hungarian office is located in Budapest and employs a staff of eleven. The engineering staff at this location is working on a geothermal energy evaluation for PannErgy, an geothermal energy company headquartered in Budapest.

Mannvit's role includes: evaluation of all potential geothermal areas in Hungary (database contains 7,000 wells), audio magnetotelluric surveys, magnetotelluric soundings, and gravity surveys of 460 km of MT lines and 1,800 gravity stations, seismic interpretations, integrated interpretation of all geological and geophysical data in Southwest Hungary, resulting in siting of first exploratory well.