Leo Motors Inc. (fka LEOM)

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More News from Dec 7, 2015

Ramping up revs for 2016 I am accumulating all dips this range won't be here much longer.

Leom Subsidiary LGM Launches Iot-Based Life Vest



SOUTH KOREA / ACCESSWIRE / December 7, 2015 / Leo Motors Inc. (OTCQB: LEOM) LGM, a wholly owned subsidiary of Leo Motors announced the global launch of their "Connected Life Vest", a life vest that utilizes Internet of Things (IoT) technology, Carbon Nano Tubes (CNT), and our proprietary electric shock prevention system. The new vest provides a 300% increase in user survivability.

Mr. Won, CEO of LGM, said "Current Life Vests in the market are inadequate to preserve life in frigid water. We developed the Connected Life Vest save life using smarter and safer technology. When the Connected Life Vest is activated, it keeps the user's body warm for up to 4 hours, and sends user data including location, biometric status, and personal information."



Performance and IoT

Once the user enters the water, sensors of the Connected Life Vest detects water temperature and immediately activates the heating system and sends an SOS. Generally survivors cannot last over an hour in water 50°F or colder. However Connected Life Vest's heating system maintains the user's body heat for over 4 hours, dramatically increasing survivability.

The Connected Life Vest links to smartphones and NFC chips, continually monitoring and transmitting user's heart rate and temperature. All monitored data, including user's location, biometric data and crises level is transmitted to rescue centers, facilitating immediate lifesaving action. The Connected Life Vest's shoulders include LED features particularly useful in locating survivors in darkness.



Competitive Pricing & Initial Markets

LGM's pricing is competitive with conventional life vests. LGM's initial marketing targets passenger ships, and naval forces, and merchant marine organizations replacing expired life vests.



About LGM

LGM specializes in research, design, and production of electric ships, electric shock prevention technology, and electromagnetic wave prevention technology. The South Korea Ministry of Maritime Affairs and Fisheries recently selected LGM to provide electric fishing boats.

LGM is the first electric shipping company utilizing their patented battery cartridge system. It is extremely difficult to charge electric boats directly. Replacing the battery in boats weighing over 2 tons is arduous and heavy equipment intensive. LGM's modular system splits batteries into smaller cartridges weighing less than 20kg allowing easy manual replacement without relying on a crane.

On November 27th, LGM entered the market with three electric boats including 1.2 tons, 1.8 tons, and 3 tons. LGM's electric boats which use 120 hp. motors producing over 20 knots of speed are deliver more power than their Internal Combustion Engine (ICE) counterparts.

Because LGM's electric boats do not include batteries when sold, they're more affordable than their general ICE counterparts and the battery rental fee is cheaper than tax-free oil. Starting on March, 2016, LGM will accept potential buyers for practical demonstrations of the electric boats.



This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's reports and registration statements filed with the Securities and Exchange Commission.

For more information please call

Mike King 702 650 3000

SOURCE: Leo Motors Inc.


Source: Accesswire (December 7, 2015 - 2:17 AM EST)
http://www.baystreet.ca/quotedata/news-article.aspx