Boaters to get electronic shark protection

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Ocean Guardian announces shark deterrent products for use with boats.

Ocean Guardian (previously known as Shark Shield) has announced the first of its long-range shark deterrent products designed specifically for use with leisure boats, fishing boats and on beaches. The new models are the LR10, FP15 and LR10S with the LR10 being the first to ship in late 2018/early 2019 with a target RRP starting at $2,499.

Designed to be easy to deploy off the back of any vessel, the LR10 is based on the proven design of the Ocean Guardian FREEDOM7 dive product and powered by Shark Shield Technology. The new model provides a protective area for swimming of up to 10 metres in depth and over six metres wide through two user-changeable antenna options, depending on the depth of the water.

Developed over two decades of research, Ocean Guardian’s patented technology creates a three-dimensional electrical field in the water which causes safe but unbearable spasms in sharks’ short-range electrical receptors, turning them away - including Great Whites.

“The LR10 is the first of our long-range shark deterrent systems to be launched around the world,” said Lindsay Lyon, Ocean Guardian CEO. “Over the next 12 months we will launch further products in the range to give both boat and beach users worldwide the confidence to get in the water. With optional solar power these devices will be very low maintenance.”

Features of the LR10 include optional mobile phone app control and management via Bluetooth, the ability to daisy chain up to five devices together to build a “virtual” net, navigation light and stainless steel threaded dive flag holder as standard, available in two colours, safety buoy yellow and silver grey.

Shark biologist Amanda Elizabeth welcomed the announcement of the new products.

“Thanks to the Shark Shield Technology, swimming off the back of the boat with the family will never feel so good knowing that everyone is protected by tested and effective shark deterrent technology.

“Plus, our marine life will be safe from drumlines, nets and culling, enabling all to safely enjoy the ocean.”

Ocean Guardian Holdings Limited (ASX: OCG) opened applications for its initial public offering (IPO) on 10 May, 2018, seeking to raise a minimum of $5 million with funds allocated to developing new products to expand into the boat and beach markets. The offer closes on the 7 June, 2018, or earlier.

Potential investors can download the prospectus and apply electronically via OnMarket.

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