Sealegs Secures First Sale In Rescue Sector

Sealegs Secures First Sale In Rescue Sector

Italian Fire Department orders six amphibious craft for flood prone areas

Auckland, 17 January 2007: Sealegs International today announced that it has secured the first order for its unique amphibious boats to be used in an operational flood rescue role.

The initial order is for six Sealegs 5.6m rigid inflatable boats which are capable of traversing both land and water. The amphibious craft have been purchased by the Italian Fire Department for deployment in flood prone areas of Italy.

Sealegs CEO Mr David McKee Wright says “making the first sale of Sealegs amphibious boats to the rescue sector opens a whole new market opportunity for the company. We see this sector as a growing segment of our business revenue as we move forward. There are a large number of flood rescue situations worldwide where Sealegs would be ideally suited as a rescue craft, due to Sealegs having such special and unique capabilities”.

The initial order of six Sealegs amphibious boats for the Italian Fire Department represents approximately $500,000 of forward revenue.

ENDS

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