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Sealegs Receives Initial Malaysian Govt. Order

Sealegs Receives Initial Malaysian Government Order

Auckland, 13 November 2007: Sealegs International Ltd today announced that it has received its first direct order from the Malaysian Government for one of its 6.1m amphibious marine craft.

The order has been placed by the Fire & Rescue Department of the Federal Malaysian Government for evaluation and testing prior to a parliamentary funding request. The Sealegs amphibious marine craft is ideally suited for that application and the initial order represents a milestone towards the goal of a Sealegs rescue fleet.

This follows the order of six Sealegs 6.1m rigid inflatable boats by the Italian Fire Department earlier this year for deployment in flood prone areas.

Sealegs CEO David McKee Wright says this latest order “continues to demonstrate the global capability of our amphibious boats beyond the traditional recreational market.

“Sealegs has gained significant credibility in the recreational sector both at home and abroad and it is a strong and growing revenue stream for the business.

“Both our success with the Italian Fire Department and now with the Malaysian Government for flood relief shows there is now a commercial market for Sealegs. As a result of this latest commercial opportunity we expect to start licensing the patented Sealegs solution in order to meet customer specifications and demand.”

– ENDS –

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