Nuvolt Corporation Inc. announces the establishment of a technological showcase for the maritime market. In collaboration with ”Navware”, its exclusive distributor for this market, an agreement was entered into with an important ship-owner who agreed to the use of one of its vessels to adapt the SmartScan technology to the requirements of commercial vessels. This market has a high rate of growth.
Mr. Paul Barbeau Eng., President of Navware stated: “This agreement allows us to adapt the electrical network and equipment monitoring and management system for use on commercial vessels. It will also enable us to obtain the necessary regulatory approvals”.
Mr. Jacques Dion, President of Nuvolt, declared that he was especially pleased with this Navware agreement given that it is part of the diversification process created in the company’s business plan. Furthermore, it could have an impact on the company’s sales, as early as the second quarter of 2011-2012. This technology should be commercialized under the name “ShipScan” as early as this fall.
About Navware Canada Inc.
NAVWARE Canada Inc. (NAVWARE) mission is to provide to the offshore and marine community the best of breed innovative software and top-quality consultation services for the construction and maintenance of ships and floating structures. Navware distributes the ShipScan Electrical Network Monitoring System.
About Nuvolt Corporation Inc.
Nuvolt has developed a specialized expertise in the management of electrical failures, power quality, the detection and neutralization of leakage current, as well as electrical network monitoring systems.
Source: Nuvolt Corporation Inc. , July 5, 2011.