To: cornbread who wrote (9 ) 1/11/2000 11:40:00 AM From: Francois Goelo Respond to of 1992
HUGE NEWS for SEVU: SeaView Expands SecureView Line, Confirms Moody's Listing ST. PETERSBURG, Fla., Jan. 11 /PRNewswire/ -- SeaView Video Technology Inc. (OTC Bulletin Board: SEVU) will produce its SecureView(TM) "Light Bulb Camera" in 12-volt and 24-volt DC versions, as well as 120-volt and 240-volt AC models. In making the announcement, Vice President J. R. Cox explained: "With our current major effort to finish production design work on the AC version, the decision was made to move forward with the DC product as well." "It makes sense to produce both at the same time," continued Cox. "Because of certain design similarities, we'll see huge savings in the end cost of products." The DC version will allow the company to enter the automotive, RV, and boating markets. SecureView-DC will bring a small, inexpensive camera to the commercial rail and trucking industries as well. Said Cox: "We've got working units with full color and stereo audio, too." The underwater camera utility patent will be strengthened via a PCT application. The filing provides 30 months of international protection in all major industrialized nations. "Intellectual Property protection is crucial," said CEO Rich McBride, "since we now own more than 17 patents and licenses. Just today, I received the patent on WellCam(TM) for oil wells. The PCT gives us the time we need to pursue patents in individual countries worldwide." McBride previewed part of the schedule for the SeaView Stockholder's Meeting January 22. "We'll see the new TV commercials for SecureView(TM), and introduce two new products," he said. "When you see me screw in a light bulb, then walk around the building plugging a TV set into electrical outlets, then see that sharp clean picture appear -- it'll make a believer out of you. Then I do it again, in full color!" The meeting is set for 7 p.m. Saturday, January 22, at SeaView Corporate Headquarters in Tierra Verde (St. Pete Beach). Rooms on the property are still available at a reduced rate of $64, and potential investors and members of the press are also welcome. Please RSVP via email (sales@seaviewresearch.com) or by phone to Kim Hood at 727-866-3660 ext. 206. The SEVU Moody's listing should be completed shortly, appearing first electronically and then in print, giving the company "Blue Sky" and allowing brokers to get aboard. S & P is expected to follow immediately. website: www.seaviewresearch.com email: sales@seaviewresearch.com Investor Information: 727-866-3660 ext 207 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 Underwater Research Inc. to accomplish its stated plan of business. Although SeaView Underwater Research 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 Underwater Research Inc. or any other person that the objectives and plans of SeaView Underwater Research Inc. will be achieved. SOURCE SeaView Video Technology Inc. -0- 01/11/2000 /CONTACT: J R Cox of SeaView Video Technology Inc., 727-866-3660, ext. 207, or e-mail, webmaster@seaviewresearch.com / /Web site: seaviewresearch.com (SEVU)