Velosi Limited is a United Kingdom-based investment holding company. The Company, through its subsidiaries, is engaged in the provision of asset integrity management, and health, safety and environment (HSE) services, which covers quality assurance and quality control services. This includes certification, project verification, quality enhancement and engineering support services. The Company’s wholly owned subsidiaries include Velosi America LLC, engaged in the provision of quality assurance and control, general inspection, corrosion monitoring, and manpower supply services to the oil and gas industry; Velosi Certification W.L.L, engaged in the provision of industrial consultation services, and Velosi Europe Limited, engaged in provision of technical, engineering, and industrial services. During the year ended December 31, 2008, the Company acquired a 60% interest in PSC Europe Srl, an Italian-based company providing inspection and expediting services.