Triad, EMP Join Forces

As part of its product rollout strategy Eco Marine Power (EMP) announced today that it has signed a support agreement with Theodosiou Bros Ltd (TRIAD Ltd) of Piraeus, Greece.

This agreement between EMP and TRIAD Ltd will lead to the establishment of a technical support hub in Greece from which the companies will be able to provide jointly, a variety of technical services related to EMP's products and solutions.

In particular EMP and TRIAD Ltd will now be able to offer a wide range of services and solutions to shipping companies looking to include renewable energy solutions as part of their strategy to reduce vessel emissions and lower fuel costs. These services and solutions include vessel renewable energy assessments, marine renewable energy system design, equipment installation and complete solution packages such as the Aquarius Management and Automation System (MAS) with marine solar power.

In addition to signing the support agreement, TRIAD Ltd has also agreed to join the Blue Star Delos Renewable Energy Innovation Project & worked with EMP recently to install equipment including solar panels and batteries on-board the high speed ferry Blue Star Delos.

TRIAD Ltd., has more than 25 years experience in the marine industry providing innovative and reliable solutions for cruise ships, luxury yachts and mega yachts, navy, coastal marine, ferries, merchant marine and offshore. For many years the company has co-operated successfully with some of the biggest maritime and offshore companies and in the last four years TRIAD Ltd has worked successfully with partners on five new shipbuilding projects. These projects have demonstrated TRIAD's ability to install and support a wide range of electrical and electronic systems on-board ships from the engine room to the bridge.

Upon signing the agreement, Mr. Akis Theodosiou of TRIAD Ltd commented that: "Participating in the Blue Star Delos Renewable Energy Innovation Project has been a great learning experience and a great honor. Now that we have also signed a support agreement with Eco Marine Power we look forward to working with them to implement further innovative solutions in Greece and other markets as well".

Initially TRIAD Ltd will focus on services related to EMP's Aquarius MAS and marine solar power solutions, however other products and services will be added as they are released to the market.