Dubai, Friday, 7th March 2014

The world's first amphibious boats targeting the leisure and recreational market made its worldwide debut at the Dubai International Boat Show this week. Sealegs® International, the global leader in manufacturing amphibious boats, have patented the amphibious technology and sold the license to ASIS Boats a Dubai based boat manufacturer.

The high-performance, high-capacity boat, constructed with a solid, shaped hull and flexible tubes at the gunwale, and powered by New Zealand based company, Sealegs® consists of motorised, retractable and steerable wheels, powering the boat with off-water capabilities and able to be driven out of the water and deployed into the water without any hassle or need for a ramp.

"We unveiled the 6.5 meter craft at the show to a very curious crowd," said ASIS Boats President, Roy Nouhra. "We have followed and admired the Sealegs® amphibious technology for many years, and are now proud to launch our very first ASIS amphibious craft that is powered by Sealegs®."

"We see much growth and opportunity through our partnership with the New Zealand marine technology company and look forward to building many more boats for both our local and international clients," added Nouhra.

ASIS Boats is one of the top three global Rigid Hull Inflatable Boat (RHIB) manufacturers, focused on providing customers - including the USA army and UAE Coast Guard - with customised boats equipped with innovation including reserve buoyancy, natural deflection of spray and lateral stability.

"This is a significant milestone for Sealegs® International," said Sealegs® Chairman, Eric Series. "We want to share our patented amphibious technology with the best international boat builders in the aim to revolutionise the use of boats around the world. Combining patented technology with experience, craftsmanship and passion is the future of the marine industry."

Sealegs®  is the world's leading manufacturer of patented amphibious craft. With 10 years' experience and development, there are now over 850 crafts in more than 35 countries around the world.

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About Sealegs International
Sealegs Corporation Limited is a public company listed on the New Zealand Stock Exchange Main Board (NZX:SLG). Sealegs Corporation owns 100% of Sealegs International Limited, the world's leading manufacturer of amphibious boats. Sealegs International Limited has its office in Albany, Auckland and the Sealegs Amphibious boats are built in Auckland's North Shore. Sealegs amphibious boats are used by customers in New Zealand, Australia, France, the United Kingdom, South Korea, Malaysia, Ireland, Hong Kong, Thailand, Belgium, the United Arab Emirates and the United States. For more information visit www.sealegs.com

Contact:
David Glen
Chief Executive Officer
Sealegs International
Phone:+64.9.414 3092

© Press Release 2014