ORLANDO, FL, Feb. 25, 2019 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc. (CODA) (Nasdaq: CODA), a global leader in real-time 3D
sonar technology and real-time subsea intelligence, announced that Blair Cunningham, the Group’s President of Technology and
Divisional CEO of Coda Octopus Products Ltd., will present at three upcoming industry conferences. Mr. Cunningham will provide an
overview of the Company’s new, patented, fourth generation of its Echoscope real-time 3D sonar series for multiple defense and
commercial market applications. The competitively priced Echoscope 4G® line features CODA’s lightest and smallest sonars
suited for myriad applications, including autonomous surface vehicles and unmanned surface vehicles. The industry-leading
technology, which is the world’s only commercially available sonar capable of seeing, mapping and measuring in real-time 3D in low
or zero visibility underwater conditions, will be demonstrated on vessel during Ocean Business, the hands-on technology exhibition
and training forum. All four deep-water and shallow water sonars in the Echoscope 4G® line will be exhibited at the
conferences.
2019 Conference Details:
2/25-27 |
Oceanology International Americas
https://www.oceanologyinternationalamericas.com/
|
San Diego
CA, US |
|
|
|
3/5-7 |
Underwater Defense and Security
http://www.underwater-defence-security.com/
CODA to participate in the Netherlands National Program Roundtable, led by Commander Eric van Lawick van Pabst
Wednesday, 3/6, 4:30-6:00 p.m.
|
Southampton
UK |
|
|
|
4/9-11 |
Ocean Business
https://www.oceanbusiness.com/
Echoscope4G® vessel demos – 4/9-4/11
Presentation of unmanned underwater vehicles (UUV) and unmanned surface vehicles (USV) product offering, including showcasing
CODA’s new R&D investments in autonomous surface vehicles with its 4G product offerings for the autonomous underwater
vehicle market.
Demonstration and presentation of Survey Engine® Automatic Object Detection Package (SEADP), which is based on
Artificial Intelligence algorithms
Thursday, 4/11, 12:001:00 p.m.
|
Southampton
UK |
4/23-25 |
Bridge & Tunnel Inspectors’ Conference
https://cm.wsu.edu/ehome/bridgeinspectors/719999/
Presentation: “3D Real-Time Imaging Sonar Survey and Modelling for Underwater Bridge and Tunnel Inspection”
To include spotlight: The U.S. Department of Transportation’s Federal Highway Administration has identified Coda Octopus’
real-time 3D sonar technology as the “best in class” for bridge inspection
Wednesday, 4/24, 4:00-4:30 p.m.
|
Portland
OR, US |
|
|
|
5/13-15 |
Undersea Defence Technology
https://www.udt-global.com/
|
Stockholm
SE |
For more information on CODA’s marine products business, Coda Octopus Products, please visit https://www.codaoctopus.com/. To schedule a demo or meeting at any of the conferences, please
visit: https://www.codaoctopus.com/events.
About Coda Octopus Group, Inc.
The Company, founded in 1994, manufactures and markets patented real-time 3D subsea sonar technology, the
Echoscope®, which enables real-time 3D imaging and mapping in zero visibility conditions underwater,
Echoscope® is used globally in numerous applications including defense, marine construction, oil and gas subsea
infrastructure installation and surveys, and port and harbor security. In addition to the Marine Products business, Coda Octopus
Products Ltd., CODA’s two engineering businesses are Coda Octopus Colmek and Coda Octopus Martech. For further information, please
visit: http://www.codaoctopusgroup.com or contact us at: coda@codaoctopusgroup.com.
Forward Looking Statement
This press release contains forward-looking statements concerning Coda Octopus Group, Inc. 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. Those
forward-looking statements include, without limitation, statements regarding the Company's expectations for the growth of the
Company's operations and revenue. Such statements are subject to certain risks and uncertainties, and actual circumstances, events
or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to
differences include, but are not limited to, customer demand for our products and market prices; the outcome of our ongoing
research and development efforts relating to our products including our patented real time 3D solutions; our ability to develop the
sales force required to achieve our development and other examples of forward looking statement set forth in our Annual Report on
Form 10-K for the year ended October 31, 2018, filed with the Securities and Exchange Commission on February 1, 2019. Coda Octopus
Group, Inc. does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new
circumstances or unanticipated events as they occur.
Contact:
MDC Group
Investor Relations:
David Castaneda
Arsen Mugurdumov
414.351.9758
Media Relations:
Susan Roush
805.624.7624