Sealegs Sales Ramping in Australia

Sealegs Sales Ramping in Australia

Auckland, 01 August 2005: Listed marine company, Sealegs Corporation Limited (NZX:SLG), today announced that it has sold 10 Sealegs amphibious boats in Australia in the last three months.

During the Sanctuary Cove boat show on the Gold Coast in May, Sealegs announced that it was moving to a direct sales model in Australia, a move which has resulted in there latest sales.

Sealegs CEO Mr David McKee Wright said “Sealegs is making good inroads into the Australian market. We have experienced great feedback from the market and a quick acceptance and understanding of the advantages of our amphibious boats.”

“Sealegs amphibious boats are proving to be popular throughout Australia and particularly in Queensland. One of our customers uses his Sealegs as the ultimate tender on his superyacht”.

Sealegs is exhibiting at the Sunshine Coast Boat Show and Outdoor Expo on 5th to 7th August.

ENDS

About Sealegs Corporation
Sealegs Corporation Limited is a public company listed on the New Zealand Stock Exchange Main Board with the ticker symbol SLG.

Sealegs set a new world record for the fastest crossing of the English Channel by an amphibious vehicle in June this year.

Sealegs amphibious boats are used by customers in New Zealand, Australia, Dubai, France, UK and the USA.

Sealegs Corporation owns 100% of Sealegs International Limited, the world's leading manufacturer of amphibious boats. Sealegs International has developed a patent pending system of hydraulically motorised, steerable and retractable wheels for amphibious boats.

For more information on Sealegs see www.sealegs.com

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