General Announcement::Addvalue iFleetONE-VMS expands NOAA/NMFS Type-Approval from the US Government

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 02-Apr-2019 18:07:06
Status: New
Announcement Sub Title: Addvalue iFleetONE-VMS expands NOAA/NMFS Type-Approval from the US Government
Announcement Reference: SG190402OTHRQYTK
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 iFleetONE-VMS expands NOAA/NMFS Type-Approval from the US Government for use in the NMFS Southeast regional fisheries

- The Addvalue iFleetONE-VMS was previously type-approved by the NOAA/National Marine Fisheries Service (NMFS) in October 2018 for three regions: Alaska, Pacific Islands, and West Coast.

- The upgraded Addvalue iFleetONE-VMS is now also typed-approved for use in the Southeast Region with the successful inclusion of a Form Reporting System feature to support the mandatory reporting requirements by the fishermen while they are at sea.

- The Southeast Region type approval will not only expand our commercial fishing market but also open a new market in the Charter Sport Fishing vessels market, which do not require a type-approved VMS previously.

- In USA, the Addvalue iFleetONE-VMS is currently the only broadband terminal with VMS that has been type-approved for use in Alaska, Pacific Islands, West Coast and the Southern Region.

Please refer to the attachment for more details.

Total size =167K