SeaView Teams Up With SIA Truck Bodies, Inc. To Distribute PowerLine Vision Systems -PLVS-
TIERRA VERDE, Fla.--July 16, 2003--SeaView Video Technology, Inc. (OTCBB:SEVU), the leader in powerline transmission technology, is pleased to announce our latest dealer partner. SeaView has entered into a business arrangement with SIA Truck Bodies, Inc. (http://www.siatruckbodies.com). SIA, a leading Ford(R) Truck Bailment Pool dealer in the Southeastern United States, will distribute SeaView's PowerLine Vision Systems (PLVS)(TM) technology as an option on its truck body models and vans to Truck Dealers and its fellow National Truck Equipment Association (NTEA) members. Using SeaView's advanced PLVS technology and SIA's sales and marketing staff, and "We Care" quality program, this new partnership will provide quality advanced technology rearvision solutions for Class 2-8 trucks.Stan Coveleskie, SIA President, states, "By integrating SeaView's PowerLine Vision Systems(TM) technology as an option for our complete line of truck bodies and vans, we will now be able to offer the only powerline rearvision system to our customers. This cutting edge innovation in video technology allows installation of a complete new system or a retrofit of existing systems to a 'cable-free' PowerLine Vision Systems(TM) solution. Our market research tells us that PLVS technology will be readily accepted in the truck and van market, as currently there are no easy-to-install and reliable vision system solutions for truck bodies and vans.
"Transmitting video using PowerLine Vision Systems(TM) overcomes the two major obstacles to wide-scale adoption of vehicular CCTV. First, using the existing DC wiring harness as the video 'pipeline' eliminates the need for separate coaxial or multi-wire cables. All that is required in the rear of a truck or van is an active 12-volt wire and a common ground. Second, expensive and complex changes to the wiring harness are no longer necessary."
Michael Ambler, SeaView President & COO, states, "SIA has been a leader in the Class 2-8 trucks and van bodies market for over 20 years, and we are pleased to team our technology with their expertise in customer service, manufacturing and marketing. We expect the demand for our PowerLine Vision Systems to expand to other dealers in this marketplace as a result of this business relationship."
About SeaView Video Technology Inc.
SeaView Video Technology Inc. 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 SIA Truck Bodies, Inc.
SIA Truck Bodies, Inc. (http://www.siatruckbodies.com) is a joint venture partner of the Florida's Body Company whose members have six facilities throughout the southeastern United States. SIA is a family owned and operated full service truck body and equipment company. SIA proudly represents the Ford Motor Company as an authorized Ford Truck Bailment pool in addition to representing most major brands of truck equipment.
website: http://www.sevu.com
e-mail: investor@seaview.com
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