ADVANCED MARINE ENGINEERING DELIVERS SHIP SIMULATOR TO KOREAN INSTITUTE.HUNTSVILLE, Ala.--(BUSINESS WIRE)--Oct. 1, 1997--Advanced Marine Engineering, a business unit of Nichols Research Corp., announced today the delivery of a ship radar simulator system and a marine visual scene simulation system to the Korea Research Institute of Ships and Oceans (KRISO KRISO Korea Research Institute of Ships and Ocean Engineering ), located in Taejon. The simulation systems, components of Advanced Marine's Virtual Ship product line, represent the latest in ship-handling and navigation training and research tools. The radar simulator, which utilizes real-world computer models and real-time computer stimulation of commercial radar scopes Radar Scope is an early arcade game designed by Nintendo, developed by Ikegami Tsushinki and released by Nintendo in November, 1980. It is a shooter that can be viewed as a cross between Space Invaders and Galaxian. , is developed by Buffalo Computer Graphics in strategic alliance with Advanced Marine. The Virtual Ship marine visual scene simulation system is a tool that KRISO will use to run visual models of ships and other maritime structures and objects in realistic recreations of ocean and other waterway waterway, natural or artificial navigable inland body of water, or system of interconnected bodies of water, used for transportation, may include a lake, river, canal, or any combination of these. environments. KRISO has integrated these Virtual Ship products into their growing maritime research and analysis center. This product delivery represents the first major step in an anticipated ongoing support relationship between Advanced Marine and KRISO. John T. Drewry, Vice President of Nichols Researchs Advanced Marine Engineering unit said, "We are very excited to have KRISO using our Virtual Ship products, and we look forward to our continued work with them in the coming months and years. As the major marine research institute in one of the world's top shipping countries, KRISO plays a critical role in the development and safety of Korea's shipping industry in addition to supporting its naval activities; and Advanced Marine is pleased to be providing them with our excellent products and services." Advanced Marine is a leader in the development of training and analysis simulators for the worldwide maritime industry. The company's Virtual Ship product line includes full-mission bridge simulators, radar simulators, workstation simulators, ship engine room propulsion system Noun 1. propulsion system - a system that provides a propelling or driving force system - instrumentality that combines interrelated interacting artifacts designed to work as a coherent entity; "he bought a new stereo system"; "the system consists of a motor and a simulators, and liquid cargo handling simulators. The Advanced Marine Engineering business unit currently employs 350 engineering, scientific, and management personnel primarily in Arlington, Va. Additional information may be found at www.nichols.com . Nichols Research Corp., headquartered in Huntsville, Ala., provides information technology (IT) and technical services for the Department of Defense, Federal civilian agencies, state government clients, and commercial clients. The company has 28 locations throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. with approximately 2,400 employees and consultants. The company's stock is traded on the Over-The-Counter Market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. under the Nasdaq symbol: NRES NRES National Research Ethics Service (United Kingdom) NRES National Rail Enquiry Service (Great Britain) . Except for historical information contained herein, this release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as defined in Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. These risks and uncertainties are discussed in more detail in the company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended August 31, 1996, including the Managements Discussion and Analysis of Financial Conditions and Results of Operations section of that Annual Report. CONTACT: Nichols Research, Huntsville Patsy L. Hattox, 205/885-7447 e-Mail: hattoxp@nichols.com |
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