SeaBotix is one of the world’s leading producers of ROV for all types of undersea work including research, search and recovery, pipeline work and maritime security. The company has now signed an agreement with Swedish LYYN to include its V.E.T. (Visibility Enhancement Technology) video into SeaBotix ROV consoles using the HAWK Integration Board and Panel.

SeaBotix LBV and LBC systems are supplied with high-resolution low light color cameras that provide high quality video images. These images are affected by turbid waters resulting in low light, low contrast and poor color under sub-sea conditions. Using LYYN’s V.E.T., video or still images are processed in real time. The result is a vast improvement in video clarity and object identification.

”This product has been requested by our customers as an option and we are very happy that we can now be the first to offer this exciting technology as an integrated part of our ROVs.” says Jesse Rodocker, Director of Marketing at SeaBotix. ”Late last year we delivered the first 4 SeaBotix LBC Crawlers with the LYYN video enhancement integrated, based on reengineered portable T38s. This worked well but the HAWK Integration Board and Panel will allow for a much more easy integration.”

”This contract is a huge milestone for us. Anyone who buys an ROV from SeaBotix can now benefit from our Visibility Enhancement Technology being easily installed, either at purchase, or as an added feature when vision enhancement becomes a priority.” Says Bengt Sahlberg, Executive Vice President SubSea at LYYN. ”We already have proof that our Visibility Enhancement works exceptionally well in many situations where vision would otherwise be impaired. Now, sub-sea professionals can install our HAWK Board very easily, bringing great value visibility enhancement at low cost.”

The press release in PDF

“We released our first product, LYYN T38, in November last year. This has been well received by the market, especially within the submarine and security technology areas. Since then we have recruited over 20 resellers throughout the world, and several more are in the queue. To be able to support our markets in the best possible way LYYN will appoint regional distribution partners globally. We are extremely pleased to join forces with APAC to support the Asia/Pacific markets.“ says LYYN’s President Andreas Ekengren.

“I am very exited since LYYN’s products match our existing portfolio of security products” declares APAC’s MD Carl Lundberg. “In addition I enjoy working with entrepreneurs like the LYYN management. Andreas’ and his team’s ambitious targets suits us very well – we are committed to make this partnership successful”

About APAC Security

APAC’s main purpose is to provide the Asia/Pacific market with high quality security products like the LYYN V.E.T. technology. The majority of APAC’s business derives from government security. APAC’s principals can be found in UK, Sweden, USA and Singapore. APAC serves the Australian market directly while using a distribution network in the rest of the region.

For more information please contact MD Carl Lundberg on +61 406 996 183 or carl.lundberg@apacsecurity.com

Press release in PDF format

Actel

VideoRay LLC, of Phoenixville, Pennsylvania, announced an agreement today with LYYN AB of Lund, Sweden. The agreement enables VideoRay users – both of existing and newly purchased systems – access to new video clarification technology. The LYYN T38 processes the video image captures by VideoRay submersibles to remove the “fog” of murky water and reveal the objects and targets that have previously been difficult or impossible to detect and recognize.

VideoRay expert Steven Borthwick of Subsea ROV Services based in Falkirk, Scotland, used the T38 on a recent inside a coal-fired power plant. The water in the tunnels was so muddy that no usable video was available without the T38. However, using the T38 images of mussels and silt buildup were clear, as was sufficient detail to show that drawings from 1962 were an accurate depiction of the tunnel network.

“Without the LYYN technology we would not have been able to complete this job to anywhere near the level of completeness and precision” said Mr. Borthwick. “No one at the power station had ever seen what it looked like, and now they can arrange for a proper cleanup – without endangering divers for an inspection.”

Inspection class ROV operators can find out more about this technology and how to obtain it by going to VideoRay’s accessories page: http://www.videoray.com/Products/accessories.htm

Press release in PDF format

We released our first product, LYYN T38, in November last year. This has been well received by the market, especially within the offshore and submarine technology areas. Since then we have recruited over 20 resellers throughout the world, and several more are in the queue. This means that LYYN needs to grow quickly which in turn requires a stronger capital base.

In addition to increased marketing investments we are also initiating the development of our next generation products, which will be adapted to the requirements of the surveillance industry, thereby opening up new, interesting markets for us.” Says LYYN’s CEO Andreas Ekengren.

”Augmenta Venture Partners has followed LYYN on its exciting journey from an early stage to today’s breakthrough. Now the company is growing from ”seed stage” and needs to increase its activities. We therefore welcome Östersjöstiftelsen as a new long-term shareholder in LYYN.” Concludes Mats Cremon, Chairman of the Board of LYYN.

”LYYN™ is an exciting innovation company that is at a stage that fits in well with our investment strategies. As in every other project there is a high risk but the market potential is very great. This adds up to an extremely interesting investment.” Says Per-Olof Edin at Östersjöstiftelsen.

Press release in PDF format in Swedish and English

The brief tests are, put mildly, promising. The future co-work will initially be centered on a systematic evaluation of the benefits and limitations of the method, when used in underwater applications. In the future we hope to be able co-operate in finding new applications.” says Peter Jonsson, lecturer at Engineering Geology.

”For historic reasons LYYN has a good relationship with different institutions at the Lund University. In this cooperation we take a few more steps. Besides evaluating LYYN V.E.T. Engineering Geology will utilize our technology as a tool in their research and contract development and studies. They are also the first customer to a new LYYN V.E.T. based product that we will launch this spring.” says Fredrik Beckman, Marketing Manager LYYN AB.

For more information please visit http://www.lyyn.com/industries/cases/lth_e_g.html.

Pressrelease in English and Swedish.

”Our business model is based on technology licensing and our revenues increase in line with our customers’ market success. Since we are now in the beginning of a market expansion we need to increase our marketing and sales activities, both regionally and internationally. This additional financing will enable us to invest in technology development and LYYN V.E.T. based product development.” says Andreas Ekengren, Managing Director, LYYN AB.

“LYYN has a very strong product that generates a big interest within the organizations we are in contact with. Indications from these companies point to extremely great potential. The company needs to increase its activity levels to respond to the great market interest being generated. This requires additional financing.” By issuing new shares, Augmenta Venture Partners, has become the company’s majority owner. This demonstrates their confidence in LYYN. “In 2006 we will start reaping the rewards of our marketing efforts from this year.” ends Mats Cremon, Chairman of the Board and the Augmenta representative on the Board of Directors of LYYN AB.

Pressrelease in English and Swedish.

“This is not just business that has large potential in itself, we see it as an important piece in the jigsaw in customer discussions we are currently holding. The camera solution is the answer to many different requirements within fixed, mobile and personal applications.” says Fredrik Beckman, Marketing Director LYYN.

Read the press release in Swedish or English.

The prize is intended for ideas/projects at research level, preferably with a cross-scientific approach.

LYYN was one of the two projects that received an honorary nomination with the motivation:
” The project combines many years of technical development with research within different disciplines which leads to practical solutions of everyday problems such as orientating in fog.”

The prize is shared by the inventors Olle and Anders Holm, and Andreas Ekengren who started LYYN AB.

”It’s not so much the money, it’s more the honour of receiving this award after all the hours we have invested. It is fantastic that it has led to something that has a real use and potential. It’s a real spur to be recognized in this way when you consider how many entrepreneurial companies there are in this region.” says Andreas Ekengren, CEO, LYYN AB.

Read the press release in Swedish or English.

LYYN see Axis’ inclusion of LYYN V.E.T in its product portfolio as a clear confirmation of our technology’s broad area of use and demonstrates its importance in the day-to-day security and surveillance business.

Read the press release in Swedish or English.