Sealegs Tops $1 Million in Sales & Appoints Middle East Distributor
27 January 2005
27 January 05
Sealegs Tops $1 Million in Sales & Appoints Middle East Distributor
Sealegs International Limited today announced that sales of its innovative amphibious boats have topped $1 million.
Sealegs CEO, David McKee Wright, describes the sales results “as most encouraging, bearing in mind our first amphibious boat was only delivered in May 2004”.
“We are now beginning to see production efficiencies which will flow through into the 2005 year,” he says. In the nine months to the end of December 2004, Sealegs had delivered 14 of its 5.6m amphibious runabouts, 3 of those offshore, worth a total sales value of over $1 million.
As part of its international sales expansion plans, Sealegs also announced the appointment of Dubai based X-Press International Limited as the Sealegs amphibious boat distributor for the Middle East.
X-Press International Limited’s CEO, Mr Andrew Halstead, describes the Sealegs amphibious boat concept as being “ideal for the new waterfront Palm Islands, Jumeirah and Jebel Aliblah, developments in Dubai”.
X-Press International Limited will launch the Sealegs amphibious boats into the region at the Dubai International Boat Show in March 2005.
Mr McKee Wright says Sealegs is looking forward to releasing its product to the Middle East market. “There is a large sales opportunity for Sealegs boats, both in the United Arab Emirates and surrounding regions, and we are pleased to have appointed X-Press International Limited as our Middle East distributor”, he says.
