ST. PETERSBURG, Fla.--(BUSINESS WIRE)--June 21, 2001--George S. Bernardich III, CEO of SeaView Video Technology, Inc. (OTCBB:SEVU) (http://www.sevu.com) today announced that SeaView has entered a teaming agreement with Unified Marine, Inc. (http://www.unifiedmarine.com). Unified Marine, Inc. has 17 years of experience in the manufacture and sales of marine and dive equipment, selling through nearly 6,000 distributors and several internet affiliates. The Naples, FL-based company also sells and services major dealers for their own SeaSense Marine (http://www.seasense.com) and Cayman Dive Gear branded products, sold at K-Mart, Lowe's, Auto-Zone and Wal-Mart. Unified Marine Inc. President Dave Nirenburg stated: "SeaView products are a superb addition to our extensive marine and dive gear line. We intend to market SeaView products in conjunction with the launch of our new Cayman AquaSub(tm) personal underwater propulsion vehicle. We will begin showing SeaView products starting with the ICAST Annual Sportfishing Expo in Las Vegas in July." ICAST is the industry's leading trade-to-trade exposition. SeaView has joined with "the first ladies of fishing," Linda England and Fredda Lee, accomplished anglers and online catalog business operators (http://www.allprobass.com) to sell and feature SeaView Marine products. SeaView has also begun a promotional and marketing relationship with Henry Waszczuk, CFL Hall of Famer and co-founder of Canadian Sportfishing. In addition to using SeaView cameras in filming shows featured on Sunshine Network, TSN and OLN, Henry will use our products in the launch of his all-new TV series, "Fins and Skins Classic Adventures" (http://www.finsandskins.com). Memphis-based FedEx Corporation leads a new wave of interest in the SecureView "camera in a light bulb." FedEx has requested three units for evaluation. Another initial-test order arrived from the Tropicana Products, Inc. unit of PepsiCo, for evaluating SecureView in facility surveillance. And in a follow-up move on an earlier test, SR Communications Inc., security contractor for Cash America International Inc., submitted an order for 12 additional SecureView cameras. Accompanying the order was a bid request for pricing on 200 systems.
ABOUT SEAVIEW VIDEO TECHNOLOGY INC. SeaView Video Technology, Inc. manufactures, distributes, and sells marine, medical, and security-related video camera equipment. They are the largest manufacturer of Infrared Underwater Camera Systems. SecureView, the Company's innovative "camera in a light bulb," incorporates proprietary IRFS (tm) technology to transmit live video through the electrical wiring of any home, office, or building. SecureView installs and sets up quickly and simply, eliminating expensive installation costs, drilling and cables. SecureView DC(tm) uses the same principles to transmit live video through the electrical systems of vehicles, trucks, buses, ships, and railway rolling stock. A version of IRFS capable of LAN/WAN data transmission over power lines has also been introduced. The Company's marine and security products are GSA listed. Its technology is covered under 14 patents granted and two patents pending.
SeaView trades under the OTC BB symbol SEVU. website: www.sevu.com email: info@sevu.com
THIS PRESS RELEASE contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of SeaView Video Technology Inc. to accomplish its stated plan of business. Although SeaView Video Technology Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by SeaView Video Technology Inc. or any other person that the objectives and plans of SeaView Video Technology Inc. will be achieved.
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CONTACT: SeaView Video Technology, Inc., St. Petersburg J R Cox, 727/866-3660 email: info@sevu.com
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