OIS-AT Announces Strategic Ties With HovPod, UK as OEM of Hovercraft in India - KSFY News - Sioux Falls, SD News, Weather, Sports

OIS-AT Announces Strategic Ties With HovPod, UK as OEM of Hovercraft in India

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SOURCE OIS Advanced Technology

NEW DELHI, India, February 5, 2014 /PRNewswire/ --

In yet another strategic move, that considerably boosts OIS-AT's technology and manufacturing capabilities - OIS Advanced Technology (OIS-AT) announced its strategic relationship with HovPod, UK as its OEM in India. Under this agreement OIS-AT will perform all the functions of OEM of Hovercraftsfor civilian and military use.

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"We are pleased that OIS-AT has won the vote-of- confidence from HovPod, UK. We envisage this pact to have a significant impact for the Indian market given the growing usage of the versatile Hovercrafts here.  This fully amphibious vehicle is ideal for reconnaissance, policing, border patrol, GPS surveillance and forces retrieval," said Sanjay Bhandari, Chairman and Managing Director OIS Advanced Technology.

Expressing his satisfaction on the newly formed alliance Peter Ward Managing Director, HovPodUK said "We are confident that with a right partner like OIS-AT in India, we are now poised to raise the bar on manufacturing, marketing and servicing Hovercrafts in India including for defence offsets".

About HovPod, UK

HovPod is a leading UK brand in hovercraft manufacture for military and civilian sectors. For more information see http://www.hovpod.com

About OIS-AT

OIS-Advanced Technology (OIS-AT) is the lead OIS company. It conducts in-house research and development, is a Systems Integrator and Manufacturer of advanced technology dual-use products with a focus on Homeland Security. It also has a Strategic SME Offset Manufacturing programme where its network of Indian SME companies support its role as a Prime for Offset work packages. OIS-AT is an eligible IOP - Indian Offset Partner, and is ISO 9001:2008 certified. More information available at http://www.ois-at.com

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