Sealegs Secures $1 Million Of New Orders

Sealegs Secures $1 Million Of New Orders From Auckland Boat Show

Auckland, 20 March 2007: Sealegs International today confirmed that it has taken orders for 12 amphibious boats representing over $1 million in sales from the Auckland International Boat Show held at the Viaduct Harbour earlier this month.

Sealegs says the 12 new orders represent continuing strong local demand for Sealegs amphibious boats, with new customers from Auckland through to the Bay of Islands. Three new Sealegs boats were ordered by Waiheke Island residents, which brings to 20 the number of Sealegs amphibious boats on Waiheke.

Chief Executive David McKee Wright says Sealegs "is pleased to see the continued and growing demand for our amphibious boats both locally and internationally. These latest local sales show that our market segment is still growing and that an installed base helps attract other customers - the phenomenon on Waiheke is a good example of that.

"We have now taken orders for over 25 boats this year and will enter the new financial year with a strong forward order book.”

Sealegs will move to a larger facility in Albany later this month with four-times the production capacity to help keep up with the increasing demand for its boats.

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