General Announcement::Addvalue garners momentum for its Wideye iFleetONE terminals to penetrate the Thai market

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Jul-2017 07:47:09
Status
New
Announcement Sub Title
Addvalue garners momentum for its Wideye iFleetONE terminals to penetrate the Thai market
Announcement Reference
SG170720OTHRPM4I
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
PRESS RELEASE

Addvalue garners momentum for its Wideye iFleetONE terminals to penetrate the Thai market

- First of its kind to be approved for use in Thailand, the Group's latest generation maritime communications system is customised for small and mid-sized vessels, with built-in Wi-Fi that allows users to stay connected offshore

- Riding on recent government initiatives to combat illegal fishing in Thailand, this latest move validates the Group's aggressive growth strategy of capturing prevailing industry trends in emerging markets. Thailand has an addressable market of over 10,000 vessels

Please refer to the attachment for more details.

Attachments

AVT-PR_Wideye_iFleetONE_200717.pdf
Total size =189K