Vision Marine Technologies Inc. (
NASDAQ: VMAR)
("Vision Marine" or the "Company"), a global leader and innovator
within the performance electric recreational boating industry, and
Four Winns, a division of Groupe Beneteau
(
BEN-Euronext) ("Beneteau"), a renowned
manufacturer of recreational boats, are proud to announce their
participation at the Miami International Boat Show ("MIBS") from
February 15-19, 2023.
The companies have submitted their application for the 2023 MIBS
Innovation Awards for their 180hp Electric Bowrider, the H2e. "We
are thrilled to be a part of this innovative product and can't wait
to show it to the world," said Nick Harvey, Vice President of Four
Winns & Wellcraft.
Four Winns will launch worldwide the production version of the
H2e at the Miami International Boat Show, available in two
different locations. The H2e will be on display in the water at the
ST 300 J and H, Venetian Marina along the Venetian Causeway with
Four Winns, and at Four Winns booth. Four Winns will be accepting
deposits and orders.
Vision Marine will also be showcasing the fastest electric boat
in the world, the V32 HellKat Powered by Twin application E-Motion
Technology Electric Outboards, at Booth MB-1201. The HellKat
recently broke the 109 MPH mark at the Lake of the Ozark Shootout
2022, showcasing the company's commitment to advancing electric
propulsion technology and the effectiveness of the E-Motion™ Marine
Powertrain Technology.
Visitors to the Miami International Boat Show are invited to
visit Vision Marine and Four Winns at the Convention Center to see
the latest in electric propulsion technology and the capabilities
of the H2e and V32 Hellkat.
"We are excited to participate in the Miami International Boat
Show and showcase our products and technology to the world," said
Alex Mongeon, co-founder & CEO of Vision Marine. "Our
partnership with Four Winns has resulted in a truly innovative
product, and we look forward to delivering cutting-edge technology
to the boating industry."
About Four Winns
For almost 50 years, Four Winns has been building its
international reputation as a manufacturer of refined and
sophisticated open boats, easily customizable to meet the needs and
desires of boat owners worldwide. Four Winns continues to be the
American timeless reference in boat building. Founded in Cadillac,
Michigan, its iconic image serves as a basis to consistently evolve
products and features across all markets by developing style icons
perfectly shaped with a love for details. With a deep commitment to
a carefree, instinctive boating experience, Four Winns strives to
exceed in comfort, convenience, and operation ease – a true reward
as soon as one steps on board.
About Groupe Beneteau
A global market leader, Groupe Beneteau, thanks to its Boat
Division's 11 brands, offers nearly 180 recreational boat models
serving its customers' diverse navigational needs and uses, from
sailing to motorboating, monohulls and catamarans. Through its
Boating Solutions division, the Group is also present in the
charter, boat club, marina, digital and financing sectors. Leading
the European leisure homes market, the three brands from the
Group's Housing division offer a comprehensive range of leisure
homes, lodges and pods that combine eco-design with high standards
of quality, comfort, and practicality. With its international
industrial capabilities and global sales network, the Group employs
7,600 people, primarily in France, the US, Poland, Italy, Portugal,
and China.
About Vision Marine Technologies, Inc.
Vision Marine Technologies, Inc. (Nasdaq: VMAR), strives to be a
guiding force for change and an ongoing driving factor in fighting
the problems associated with waterway pollution by disrupting the
traditional boating industry with electric power, in turn directly
contributing to zero pollution, zero emission and a noiseless
environment. Our Flagship E-Motion™ 180E electric marine powertrain
is the first fully electric purpose-built outboard powertrain
system that combines an advanced battery pack, inverter, and high
efficiency motor with proprietary union assembly between the
transmission and the electric motor design utilizing extensive
control software. Our E-Motion™ and related technologies used in
this powertrain system are uniquely designed to improve the
efficiency of the outboard powertrain and, as a result, enhance
both range and performance. Vision Marine continues to design,
innovate, manufacture, and sell handcrafted, environmentally
friendly, electric recreational boats to customers. The design and
technology applied to our boats results in far greater enhanced
performance in general, higher speeds, and longer range. Simply
stated, a smoother ride than a traditional internal combustion
engine (ICE) motorboat.
Forward-Looking Statements
Certain statements made in this press release are
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as "anticipate," believe," "expect," "estimate," "plan,"
"outlook," and "project" and other similar expressions that predict
or indicate future events or trends or that are not statements of
historical matters. For example, when Vision Marine discusses its
partnership and future plans with Four Winns and the Beneteau brand
portfolio, and the integration of its electric powertrains, it is
using forward-looking statements. These forward-looking statements
reflect the current analysis of existing information and are
subject to various risks and uncertainties. As a result, actual
results may differ materially from these expectations due to
changes in global, regional, or local economic, business,
competitive, market, regulatory and other factors, many of which
are outside of Vision Marine's control. Important factors that
could cause actual results to differ materially from those in the
forward-looking statements are set forth in Vision Marine's Annual
Report on Form 20-F, filed with the U.S. Securities and Exchange
Commission (SEC) for the year ended August 31, 2022, as such
factors may be updated from time to time in Vision Marine's
periodic filings with the SEC. Any forward-looking statement in
this press release speaks only as of the date of this release.
Vision Marine undertakes no obligation to publicly update or review
any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be
required by any applicable securities laws.
https://visionmarinetechnologies.com
Investor and Company Contact:
Bruce NurseVision Marine Technologies, Inc.(800)
871-4274bn@v-mti.com
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