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SeaView's PowerLine Vision Systems Featured At National Intelligent Vehicle Initiative Meeting
8 Jul 2003, 10:32am ET
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TIERRA VERDE, Fla.--(BUSINESS WIRE)--July 8, 2003--SeaView Video Technology, Inc. (OTCBB:SEVU) recently participated in the National Intelligent Vehicle Initiative meeting this past June 2003 in Washington, D.C. SeaView's PowerLine Vision System(TM) (PLVS) was demonstrated on a Mack CH600 Tractor and gasoline tanker operated by McKenzie Tank Lines of Tallahassee, Florida. Through a cooperative agreement between Mack Trucks, Inc. and the Federal Highway Commission in 1999 the Mack Partnership was created which includes a comprehensive one-year field test of PLVS technology involving 35 to 40 Mack vehicles owned by McKenzie Tank Lines. The Intelligent Vehicle Initiative (IVI) is administered by SAE International for the United States Department of Transportation (DOT). Through the IVI, the DOT hopes to reduce crashes by helping drivers to avoid hazardous mistakes. IVI aims to accelerate the development and commercialization of vehicle-based driver assistance systems that warn the driver of dangerous situations, recommend actions, and even take partial control of vehicles to avoid collisions. Other organizations supporting the Mack Partnership are XATA Corporation, Vehicle Enhancement Systems (VES) and Richard Bishop Consulting working with the Virginia Department of Transportation and other state DOTs.

SeaView's PLVS(TM) is marketed by The Tyman Group LLC to waste-hauling, material handling, and special-utility vehicle segments under an exclusive distributorship agreement. Tyman has spearheaded the project with their customer, McKenzie Tank Lines, Inc. ( http://www.mckenzietank.com ). According to Tyman Group's President Harold Halman, "This degree of participation underscores the versatility and value of PLVS," Halman said. "These companies are significant players in the market and this project has the potential to include PLVS as standard safety equipment on all types of vehicles in the future. We continue to experience a sincere level of interest and enthusiasm that's very exciting, both from the standpoint of how many companies are embracing the system, and the reaction of their customers to this revolutionary product."

Leveraging existing patent-protected Power-Line-Carrier (PLC) technology, the PowerLine Vision System(TM) consists of small environmentally-sealed transmitter and receiver modules, which simply connect to a truck's existing electrical wiring harness. Video and audio signals from a side-mounted and/or rear-mounted camera are transmitted using PLC to a receiver and video monitor mounted inside the truck's cab. SeaView's PLC technology is compatible with existing video products accepting the RS-170/EIA standard composite video signal. This compatibility allows the retrofitting of existing rearview camera systems with PowerLine Vision System(TM) capabilities when the existing communication cable fails or breaks.

SeaView President and COO Michael Ambler commented, "We hope to expand our participation in the IVI project in the future. This meeting was an excellent first step which gave us the opportunity to present our technology to decision makers at all levels and more importantly to members of the DOT on the federal and state level."

About SeaView Video Technology Inc.

SeaView Video Technology Inc., http://www.seaview.com , designs, manufactures and markets, among other devices, products and applications developed to transmit voice, video, audio and data either individually or any and all combinations over power lines, in AC and DC power environments, on any and all power grids. The Company has also developed and manufactures different kinds of underwater video cameras, lights and accessories for the marine, commercial and consumer retail markets.

About The Tyman Group, LLC

The Tyman Group, LLC, http://www.tymangroup.com , headquartered in Anthem, AZ is an integrator, distributor, and wholesaler of OEM products and mobile transportation surveillance systems. The Tyman Management Group is a team of highly experienced individuals from diverse disciplines including sales, business development & strategy, progressive marketing, and operations within waste hauling and mobile transportation industries. With over 50 aggregate years in mobile transportation experience, Tyman strives to successfully leverage its relationships to advance typical "rear-vision" to the next level.

website: http://www.seaview.com

e-mail: [e-mail]

This press release may contain "forward-looking statements" that involve risks and uncertainties, including statements regarding our plans, future events, objectives, expectations, forecasts, or assumptions. Any statement in this press release that is not a statement of historical fact is a forward-looking statement, and in some cases, words such as "believe," "estimate," "project," "expect," "intend," "may," "anticipate," "plans," "seeks," and similar expressions identify forward-looking statements. These statements involve risks and uncertainties that could cause actual outcomes and results to differ materially from the anticipated outcomes or result, and undue reliance should not be placed on these statements. These risks and uncertainties may include: the adoption of our new products by customers; our ability to identify, develop, and commercialize new applications for our products; the ability to manage our anticipated growth; scaling-up our manufacturing capabilities; protecting our intellectual property; and other risks and uncertainties discussed in filings made with the Securities and Exchange Commission (including risks described in subsequent reports on Form 10-Q, Form 10-K, Form 8-K, and other filings). SeaView Video Technology, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

CONTACT: SeaView Video Technology, Inc., Tierra Verde
Doug Bauer, 727/866-7440
Investor Relations e-mail:

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SOURCE: SeaView Video Technology, Inc.


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