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Sealegs Unveils Amphibious Rescue Craft

Sealegs Unveils Amphibious Rescue Craft

Auckland, 9 November 2006: Sealegs International today unveiled a new amphibious rescue boat utilising its proprietary and patented amphibious technology.

The 6 metre Sealegs Amphibious Rescue Craft (ARC) is constructed of marine grade aluminium for demanding field deployment applications. It is aimed at worldwide markets for flood rescue roles with government agencies, fire departments and civil defence forces.

Sealegs CEO, Mr David McKee Wright, says “we are increasingly receiving enquiries for this type of amphibious rescue craft from around the world and the new Sealegs ARC showcases the application of our technology in a rescue format. The company is exploring strategies to present this craft to North American Homeland Security as well as specialised agencies in security and rescue industries”.

“Enquiries and interest from international rescue services suggests that Sealegs technology offers advantages over traditional Hovercraft in some field applications”.

The Sealegs ARC has a base price of $89,000 plus GST and will be on display to the public at the Big Boys Toys show in Auckland from November 10th to 12th.

Earlier this month Sealegs announced demand for its unique amphibious craft was outstripping supply, with $3 million in forward orders, over 80% of those from international customers. Sealegs is moving to a new factory in March next year which will increase its production facilities by four times.

- END - About Sealegs Corporation Sealegs Corporation Limited is a public company listed on the New Zealand Stock Exchange Main Board with the ticker symbol SLG. Sealegs Corporation owns 100% of Sealegs International Limited, the world's leading manufacturer of amphibious boats. Sealegs International has developed a patent-pending system of hydraulically motorised, steerable and retractable wheels for amphibious boats. Sealegs set a new world record for the fastest crossing of the English Channel by an amphibious vehicle in June 2005. Sealegs amphibious boats are used by customers in New Zealand, Australia, Dubai, France, UK and the USA. For more information on Sealegs see www.sealegs.com

ends

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