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InnovaSea Systems Announces Acquisition of Amirix SystemsBOSTON, Nov. 30, 2017 /PRNewswire/ -- InnovaSea Systems announced today that it has acquired by Canada based Amirix Systems. Amirix is the parent company of Bedford Nova Scotia based Vemco and Realtime Aquaculture and Seattle Washington based HTI-Vemco. Vemco and HTI-Vemco are leaders in fish tracking and monitoring solutions for fisheries researchers worldwide while Realtime Aquaculture specializes in real time environmental monitoring of fish farms. Both product lines are based on using acoustic telemetry to communicate wirelessly under water. InnovaSea is a leader in the design and manufacture of innovative, fully integrated commercial open-ocean aquaculture systems. InnovaSea supports open-ocean fish farming by designing and producing advanced, environmentally-focused sustainable technologies and service solutions for the industry. InnovaSea Systems CEO and CTO David Kelly states, "Amirix Systems has been a pioneer in low power underwater acoustic telemetry with its fish tracking technology and wireless environmental monitoring solutions. The combination of InnovaSea's aquaculture instrumentation with Amirix's sensors, architecture and established products will provide a complete integrated solution for monitoring aquaculture farms." Combining with InnovaSea Systems is a logical step in growing the business and expanding opportunities globally. As stated by Amirix CEO ark Jollymore "Given our strong reputation in fish-tracking technology and our recent expansion into the aquaculture marketplace, InnovaSea is a natural partner for us. It's evident to us that InnovaSea values and recognizes the expertise of our people and the world-class quality of our production facility right here in Nova Scotia." Robert Orr, CEO of Cuna del Mar, a US based impact investment fund which is the majority owner of InnovaSea, comments, "I look forward to what the companies' combined resources can bring to our quest to advance ocean conservancy and food security. With the addition of Amirix, we can accelerate our development of sustainable offshore aquaculture systems and simultaneously support the research and understanding of wild fish populations." About Amirix Systems About InnovaSea Systems Inc. About Cuna del Mar For further information, contact: Langley Gace Denise King
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