Paradox Marine's Larger Facility

Tuesday, October 20, 2009

Steady growth in U.S. and international markets has prompted Paradox Marine to purchase a larger facility in Fort Lauderdale, Fla. The new location for the boat security systems supplier serves as its new Global Headquarters and houses its corporate administrative, research & development, sales & marketing and manufacturing & distribution operations.

"Despite challenging economic conditions, interest in our unique boat security, monitoring, surveillance and tracking products has remained strong. We see significant opportunities for our products in the global marketplace and relocating our operations to a larger facility puts us in position to take advantage of these opportunities in the months and years ahead," said Paradox Marine President & CEO Jay Keenan.

Paradox Marine products include Marine Magellan, Nav–Tracker, Marine Watchmate, MM Insight and NT Evolution.

(www.paradoxmarine.com)

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