Coda Octopus Group, Inc.: Coda Octopus delivers Underwater Inspection System (UIS(TM)) to San Francisco Police Department
January 07 2014 - 9:05AM
Lakeland, Fl.
(January 7th
2013) - Coda Octopus Group, Inc. (OTC: CDOC.PK), recently
delivered an Underwater Inspection System (UIS(TM)) to the San
Francisco Police Department (SFPD). 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 real time
Echoscope® 3D sonar, a
day/night camera, positioning system, an easy to use precision pole
assembly and operator's laptop.
The UIS(TM) system will be used as a multi-faceted
sonar for underwater inspections of critical infrastructure assets
and risk assessment, vessel hull surveys and routine clearance
surveys. For the benefits of our UIS(TM) System, please see
http://www.codaoctopus.com/products/uis.
The SFPD Marine Unit's Sergeant Keith Matthews
said: "[t]he UIS(TM) system provides real-time functionality
unmatched by any of the other technologies we investigated. The
Echoscope's® unique real
time visualization capabilities will allow us to instantly make
decisions regarding subsurface targets, thereby maintaining our
Port's critical commerce and transportation operations.
We are excited to be adding the UIS(TM) to our maritime security
tool box."
Blair Cunningham, President of Technology said:
"we are very pleased to welcome the SFPD to our UIS(TM) user
community. Coda Octopus UIS(TM) continues to prove its value
to port operations and maritime security, reducing risks and
reducing operating costs."
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 NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Coda Octopus Group, Inc. via Globenewswire
HUG#1753091
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