SLG 0.00% 0.0¢ sealegs corporation limited

Ann: GENERAL: SLG: Sealegs goes B2B with its Amphibious Enablement Systems

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    • Release Date: 23/10/15 09:09
    • Summary: GENERAL: SLG: Sealegs goes B2B with its Amphibious Enablement Systems
    • Price Sensitive: No
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    					SLG
    23/10/2015 09:09
    GENERAL
    PRICE SENSITIVE
    REL: 0909 HRS Sealegs Corporation Limited
    
    GENERAL: SLG: Sealegs goes B2B with its Amphibious Enablement Systems
    
    Sealegs goes B2B with its Amphibious Enablement Systems and is expanding its
    hull manufacturer's network globally.
    
    Auckland, Friday 23 October, 2015:  Sealegs Corporation Limited today
    announced it planned to further develop its licensing strategy focusing on
    hull manufacturers in USA and Europe.
    
    Sealegs International CEO David McKee Wright said "Sealegs has received
    orders in excess of $2.5 million dollars in the first 6 months to September
    2015 from boat manufacturers compared to $0.5 million dollars last year. This
    has proven the demand for a greater range of amphibious boat models and hull
    manufacturers."
    
    Sealegs first OEM partners, which include Stabicraft and Smuggler Boats in
    New Zealand and ASIS boats in the UAE, have proved that existing boat
    builders have the ability to embrace our amphibious enablement systems (AES)
    and be successful.  By introducing new hull manufacturers to our technology
    we will be able to broaden the range of amphibious boats available around the
    world.
    
    David McKee Wright went on to say "the selection of future OEM partners will
    be strategic as the company will look to work with world class manufacturers
    with proven designs for commercial and recreational applications.  The
    combination of world class boat manufacturers with our proven amphibious
    technology will provide the market with a wider range of amphibious boats for
    a wider range of applications."
    
    Sealegs recently added System 100, an amphibious enablement system designed
    for craft up to 6 tonnes to add to its current offering, System 60, designed
    for craft that weigh up to 3 tonnes.
    
    Sealegs Amphibious Enablement System available to select manufacturers
    
    Background Information on Sealegs
    Sealegs is a patented Amphibious Enablement System (AES). The system consists
    of motorised, retractable and steerable wheels which are fitted to
    specifically designed boats to provide amphibious capability.
    
    Sealegs International Limited offices are located in Auckland and the USA -
    delivering over 1,000 craft to more than 50 countries around the world
    including New Zealand, Australia, France, and the United States.
    Sealegs Corporation Limited is a public company listed on the New Zealand
    Stock Exchange Main Board with the ticker symbol SLG.
    
    For more information on Sealegs:
     www.sealegs.com
    David McKee Wright
    Chief Executive Officer
    +64 292 777444
    End CA:00272227 For:SLG    Type:GENERAL    Time:2015-10-23 09:09:22
    				
 
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