Coda Octopus Group, Inc.: Coda Octopus delivers Underwater Inspection System (UIS(TM)) to Port Canaveral
November 18 2013 - 10:11AM
Lakeland, Fl.
(November 18th
2013) - Coda Octopus Group, Inc. (OTC: CDOC.PK), recently
delivered an Underwater Inspection System (UIS(TM)) to Port
Canaveral. The UIS(TM) is an integrated real time 3D sonar system
for underwater inspection applications including port and harbor
construction, maintenance, port expansion, maritime security, and
route clearance surveys. The all-in-one system is comprised
of the Echoscope® real time 3D
sonar, a day/night camera, a positioning system, an easy to use
precision pole assembly and operator's lap-tops.
Port Canaveral is one of the busiest cruise ports
in the world. The UIS(TM) system will be used as a multi-faceted
real time sonar for underwater inspections of critical
infrastructure assets, risk assessment, vessel hull surveys and
routine clearance surveys.
Port Canaveral Police Chief Joe Hellebrand said he
is excited about adding the unique UIS(TM) system as a maritime
security and surveying asset and goes on to say: "It provides
real-time 3D sonar visualization, which will assist us with
decision making."
Blair Cunningham, President of Technology said,
"We are very pleased to welcome Port Canaveral to our UIS(TM) user
community. Every week there are examples of the Coda Octopus
UIS(TM), incorporating the real-time 3D Echoscope®, helping our
customers to gain real cost benefits in port operations by reducing
operating costs through ease of use, and improving maritime
security by providing immediate feedback through its real time
visualization of potential underwater risks."
Company
Contact: |
Geoff
Turner, |
|
Executive
Director |
|
Email:
info@codaoctopusgroup.com |
About Coda Octopus Group,
Inc.
Originally founded in 1994 as
Coda Technologies, the Coda Octopus Group is now headquartered in
Lakeland, Florida. The Group consists of a Marine Products
business in Florida and Edinburgh, Scotland, and engineering
businesses in Utah and Weymouth, England. Each of the Group
companies are technology innovators with a particularly high level
of sonar expertise. The Group has facilities in Florida, Utah, the
UK and Norway.
Alongside providing custom engineering and development for defense
applications, and oil and gas, companies, one of the Group's key
products is the Coda Echoscope® - the first
real time 3D sub-sea sonar. The Echoscope® is also at
the heart of the Underwater Inspection System(TM) which is being
adopted for homeland security, and other applications in ports
around the world.
With this patented revolutionizing sub-sea visualization
capability, and the existing systems integration skills within
Colmek Systems Engineering, Inc. and Martech Systems Engineering
Ltd., the Coda Octopus Group believes they can become a world
leading integrated sonar technology supplier.
For further information, please visit
http://www.codaoctopusgroup.com or contact Coda Octopus at
info@codaoctopusgroup.com.
Safe Harbor Statement:
This press release contains certain forward-looking statements.
These forward-looking statements can generally be identified as
such because the context of the statement will include words such
as Coda Octopus Group plans, expects, should, believes, anticipates
or words of similar import. Stockholders, potential investors and
other readers are cautioned that these forward-looking statements
are predictions based only on current information and expectations
that are inherently subject to risks and uncertainties that could
cause future events or results to differ materially from those set
forth or implied by the forward-looking statements. Certain
of those risks and uncertainties are discussed in registration
statement on Form SB-2 and include, but are not limited to, market
acceptance of Coda Octopus' planned products and their level of
sales, access to the capital necessary to finance and grow the
business, a highly competitive environment in the security field
that includes numerous large and well established companies much
larger than ours, and our ability successfully to deploy our
technologies and products to meet the technical demands and market
requirements of our customers. These forward-looking
statements are only made as of the date of this press release and
Coda Octopus Group does not undertake any obligation to publicly
update such forward-looking statements to reflect subsequent events
or circumstances.
This
announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: Coda Octopus Group, Inc. via Thomson Reuters
ONE
HUG#1743919
Coda Octopus (NASDAQ:CODA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Coda Octopus (NASDAQ:CODA)
Historical Stock Chart
From Apr 2023 to Apr 2024