Underseas Research & Recovery Ltd.
Underseas Research & Recovery Ltd.: Underseas to Cooperate with Cayman Yachts for Satellite Radio
Underseas Research & Recovery Ltd. / Key word(s): Alliance Underseas Research & Recovery Ltd. / Tags: Internet, Radio, Internet Radio, Satellite Radio, Music, Entertainment Underseas to Cooperate with Cayman Yachts for Satellite Radio Toronto, Canada – November 30, 2011 Underseas Research & Recovery Ltd. (‘Underseas’ or the ‘Company’), the Toronto based holding company of a European internet and satellite radio is pleased to announce the signing of a cooperation agreement with Cayman Yachts, a leading Italian manufacturer of high class yachts, located in La Spezia, Italy. Both parties will join efforts to provide specially designed and manufactured satellite radio receivers as standard equipment on all the yachts of Cayman for the shoreless reception of the new satellite radio starting in 2012. By this step it will become possible for Cayman Yachts to receive the Underseas radio programs, which offer over 100 music, entertainment and news channels in CD-quality not only through internet, but soon also on the move through satellites while cruising the Mediterranean Sea. Sibilla Castoldi, CEO of Cayman Yachts stated ‘From now on, all our customers will be able to access the multi lingual programming of Underseas’ internet and satellite radio. We are very proud to be the first yacht builder who signed such agreement’. Giorgio Cappagli, founder and manager of Underseas’ radio business comments: ‘We are delighted about this great strategic cooperation with famous Cayman Yachts. This partnership represents the first step on our way to enter the huge market for the projected pan-European satellite radio. Now we are moving actively forward to team-up with more distribution partners for our coming terrestrial satellite radio.’ Contact: Disclaimer; Forward-Looking Statements: Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Although we believe that the beliefs, plans, expectations and intentions contained in such statements are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. This or any other statement from the company or its representatives does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of I Underseas Research & Recovery Ltd. There are substantial risks associated with investing in development stage companies. Potential investors should seek advice from a qualified financial dealer prior to investing in Underseas Research & Recovery Ltd. Language: English
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