MEDIA RELEASE PR35572
SEER Technology Announces $150M Contract With International Golden Group
LLC (IGG) of Abu Dhabi, United Arab Emirates
SALT LAKE CITY, Aug. 4 /PRNewswire-AsiaNet/ --
Contract Will Provide SEER AccuSense(TM) and NAViSEER(TM) Units
to IGG Over Next 60 Months
SEER Technology Inc. today announced the signing of a contract with IGG
of Abu Dhabi, United Arab Emirates for delivery of its breakthrough
AccuSense and NAViSEER products over the next five years. The contract is
initially valued at $150M USD.
IGG is a prominent defense contractor within the Middle East
specializing in development and distribution of state-of-the-art equipment
for military and first responder applications. IGG is known globally for
its ability to conduct broad military project objectives for the UAE
marketplace. The company has a reputation for its meticulous selection of
strategic business alliances with leading-edge local and international
companies. IGG's trusted professional network of employees, agents and
affiliates provides unsurpassed levels of service and product solutions to
its military, public safety, industrial and commercial customers.
"This represents a major milestone for SEER," commented Fred Gallander,
CEO of SEER Technology. "We are very pleased that a company with the size
and reputation of IGG has selected our world class products for
distribution to their customer base."
IGG selected AccuSense because of its ability to identify multiple
chemical gasses simultaneously, operate continuously with no consumables or
elute gasses and its rugged portability for the harsh desert climate.
NAViSEER was selected because it is the only product on the market that
can accurately track personnel in GPS-denied areas, such as within
buildings and tunnels. NAViSEER has immediate applications among military,
public safety, and commercial UAE customers.
According to Quay Fahnestock, VP of International Sales for SEER
Technology, this contract represents just the initial opportunity for SEER
products in the Arabian Gulf region. "International Golden Group is a
premier distributor to the UAE and Gulf region. Our relationships at the
highest levels within IGG, along with delivery of our new technology
products gives us an opportunity to expand this initial contract over the
next few years."
About SEER Technology:
SEER Technology Inc., headquartered in Salt Lake City, UT., is
delivering a family of chemical recognition and advanced personnel
navigation products for Immediate Danger to Life and Health (IDLH)
applications in Government, Military, Public Safety, and Commercial
markets. These products allow customers to "See What Can't Be Seen" to
protect lives and enhance personal productivity in dangerous environments.
About International Golden Group:
International Golden Group LLC is a premier distribution company
headquartered in Abu Dhabi, UAE specializing in providing high-end Security
&
Defense Solutions to the UAE and Arabian Gulf market.
SOURCE: SEER Technology
CONTACT: Samantha Potter,
Marketing Communications Director of SEER Technology,
1-877-505-SEER,
spotter@seertechnology.com
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