EPS Corporation (EPS) has announced the acquisition of one-half interest in Vectorworks Marine LLC, manufacturer of reinforced plastic composite vessels. The Vectorworks facilities, located on the Intracoastal Waterway, Titusville, Florida, specializes in producing state-of-the-art marine vessels for military, commercial, sport, and recreational use. Vectorworks provides its services to government agencies, commercial entities and other marine manufacturers worldwide. Presently under construction at Vectorworks for delivery in 2009 to the Saudi Arabian Ministry of Interior for the use by the Saudi Arabia Border Guard Naval Affairs, is the first of two EPS M-10 Hovercraft vessels which can operate effectively at sea, in shallow water, and over land.
