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December 10, 2007 |
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SEALEGS CORP: Rigid Inflatable Sets New World Record in Speed Hitting record breaking speeds of over 100kph, a Sealegs 6.1m rigid inflatable boat has set a new world fastest water speed record for an amphibious vehicle in Sydney harbour, a company release states. Five hundred meters of water was covered in the world record time of just under 18 seconds. Sealegs already hold the Guinness World Record for smashing Sir Richard Branson's crossing of the English Channel in an amphibious vehicle in 2005, so Sealegs is thrilled to have set a new World Record in Australian water-space. Australian Director Will Burrell, who took the wheel during the exhilarating 500m run in Rose Bay said "we are thrilled to be the new World Record holders for the fastest on water amphibious vehicle -- and especially to have had the opportunity to do the run with such a beautiful backdrop -- we had near perfect conditions today and hit a top speed of 105kph" "This World Record proves that Sealegs boats are not just a practical concept and innovative idea, but a serious piece of equipment, with significant boating abilities -- both on the water and off." The revolutionary amphibious boats which are designed and manufactured in New Zealand, have the capability to seamlessly enter and exit the water at the push of a button and have already proved popular with waterfront property owners, emergency services and people with restricted mobility. Sealegs paired up with Evinrude outboard motors for the attempt and used an Evinrude E-Tec 225HP high output motor to hit the world record breaking speeds. Already operating at full capacity, Sealegs have proven popular all around the world, taking orders from Italian Fire Brigade, remote holiday resorts and even retirees who find regular boats difficult to launch. Headquartered in Albany, New Zealand, Sealegs Corporation Limited -- http://www.sealegs.com/ -- is engaged in the manufacture of amphibious marine craft. The company's wholly owned subsidiaries are Sealegs International Limited, Sealegs Middle East Limited, and Sealegs Australia Pty Limited. Sealegs International Limited manufactures amphibious marine craft. Sealegs Middle East Limited and Sealegs Australia Pty Limited are dormant. Sealegs are motorized, retractable and steerable boat wheels, which are fitted to a customized 5.6-meter rigid inflatable boat. Sealegs amphibious boats are used by customers in New Zealand, Australia, the United States, the United Arab Emirates, France and the United Kingdom. The group and parent posted consecutive net deficits after taxation for the years ended March 31, 2006, and 2005, with the group suffering net losses of NZ$1,211,061 and NZ$1,063,354 for 2006 and 2005 (company: NZ$209,582 and NZ$3,575,464), respectively. In FY2007, the company booked a net loss of NZ$1.05 million. |
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