Strategy

Having started as a products company, we have leveraged our capabilities, technology and market position to allow us to provide complete systems, combining our subsea technology products, wireless data transmission products and processes, and engineering services. Our strategy is to continue to sell each of our products and services separately, but to increasingly combine our offerings into systems and move into provision of complete solutions, with special focus in the areas of defense, and port and coastal infrastructure security.

We expect increased sales of our current products and their derivatives, especially the Echoscope® and UIS™ and comprehensive security systems to increase and account for significant growth over the next five years. In the Echoscope® and UIS™, we have a unique product addressing a significant need in a niche sector of the port security, defense, and oil and gas industries, with potential to greatly enhance subsea visualization. We expect that the key element of our growth strategy will be dominated by our 3D technology over the near future. We have engaged a lobbying group to address the different areas of government, ie. federal, state, government agencies and defense. In addition, we have technology affiliations with organizations such as University of South Florida and PCT. We expect growth through sales of existing products in current and new markets and through sales of new products based on our own internal research and development.