SEOUL, SOUTH KOREA, Feb. 15, 2019 (GLOBE NEWSWIRE) -- eMARINE Global, Inc. (OTC: EMRN), a leading provider of information and communications technology (ICT) for the maritime industry, was recognized as a leading solution provider and for its contributions to the local economy in Ulsan during a recent visit by the Deputy Minister of Science and ICT to the Company’s Ulsan R&D center. The Deputy Minister was accompanied by the heads of Ulsan and national ICT promotions, as well as Ulsan city officials.
“On behalf of Korean government, the deputy minister assured their support in commercialization and marketing, locally as well as globally,” stated Ung Gyu Kim, Chairman and CEO. “During our meeting, news broke of the government’s approval of the industry-changing merger of Hyundai and Daewoo’s ship building operations. Our history of work with Hyundai, including our recent contract to supply Marine IoT technology on more than 1,000 Hyundai-built ships for remote monitoring and maintenance, places us in a promising position as the world’s two largest shipbuilders merge operations.”
eMarine Global demonstrated its smart-ship and autonomous-ship solutions during the delegates’ visit, including its voyage optimization, collision avoidance, engine status monitoring, remote maintenance, and other IoT-based solutions.
“The deputy minister and accompanying officers, whose organizations are responsible for promoting Korean technology companies and the Fourth Industrial Revolution, were impressed by our technology edge as well as the work we have done and continue to do with the Korean Coast Guard, the Korean Navy, Hyundai Global Services, and others,” continued Ung Gyu Kim. “Having the support of these organizations puts us in a great position, both domestically and internationally, as we seek to grow market share during the maritime industry’s ongoing technological transformation.”
Founded in 2001 and based in South Korea, eMARINE Global is working with a growing base of marquee customers to achieve maritime ICT convergence through fully integrated products and services, offering state-of-the-art e-navigation, marine Internet of Things (IoT), and marine big data solutions, primarily in Korea with near-term expansion into U.S. and Chinese markets.
eMARINE Global’s customer base includes Hyundai Heavy Industries, Samsung Heavy Industries, and SAAB.
About eMARINE Global, Inc.
eMARINE is a provider of information and communications technology in the maritime industry. Specifically, eMARINE provides solutions for collection, integration and display of maritime information abroad and ashore by electronic means to enhance berth to berth navigation and related services. These solutions provide the most efficient means to secure the safety of life at sea and to protect the marine environment. All products and services are offered through subscription, installation, updates and/or maintenance contracts.
Forward-Looking Statements
Statements preceded by, followed by, or that otherwise include the words “believe”, “anticipate”, “estimate”, “expect”, “intend”, “plan”, “project”, “prospects”, “outlook”, and similar words or expressions, or future or conditional verbs such as “will”, “should”, “would”, “may”, and “could” are generally forward-looking in nature and not historical facts.
These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any anticipated results, performance, or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise.
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RedChip Companies
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dave@redchip.com
