Palladium and FarSounder Form Technological Alliance

WARWICK, RI – (September 18, 2012) Palladium has announced an alliance today with FarSounder, Inc., for the integration of their 3D Sonar systems into their new Integrated Glass Bridge system SiMON GOLD.

SiMON Gold is an extension of Palladium’s work with the Apple multi-touch devices. Simply using two fingers, the user can drag items from the menu bars, dynamically creating View Port(s), which allow for the resizing of items or frames, along with rotation, eventually creating a View Port exactly to the user needs.

“This is a perfect collaboration of technologies between Palladium and FarSounder”, said Michael Blake, President of Palladium. FarSounder, long known for their advanced 3D under water sonar for navigation and obstacle avoidance, is also fast becoming a global leader in shipboard security with their FS-SPS Ship Protection System. This multi-use system provides underwater threat detection while at anchor and navigation sonar while underway.

Michael goes on to say, “that for the past couple of years he has been working on the new product, SiMON Gold, and the FarSounder products complete one piece of the puzzle for this amazing system.”

SiMON Gold will debut at the Monaco Yacht Show, which runs from September 19th though the 22nd, and will be shown on their new Glass Bridge, along with a 42” mutli-touch Kiosk in the Dars Sud tent, booth # QS85.

FarSounder will be showing their FS-SPS Ship Protection System in the Dars Sud tent, booth # QS80, as well as launching their latest navigation products, the FarSounder-500 and FarSounder-1000.

“FarSounder and Palladium share a common goal of offering our companies leading-edge technologies in a turnkey Integrated Glass Bridge solution,” stated Cheryl M. Zimmerman, CEO of FarSounder. “Together, we offer the yacht market a sophisticated product, benefiting from the synergy and experience of both our companies.”

About FarSounder

FarSounder, Inc. is a U.S. based high technology marine electronics manufacturer specializing in underwater acoustics. With unique patented technology, the company has a global customer base of commercial, government and private sector users. The company is the recognized leader in realtime 3D sonar systems and has been selling its flagship navigation and obstacle avoidance systems since 2004. FarSounder has recently expanded its product line with its Ship Protection System following years of R&D and U.S. government funded research. The FarSounder FS-SPS Ship Protection System is for those private yacht owners who demand the best solutions for assuring the safety of their family and guests while on board their yacht. The system provides detection, classification and alarms of underwater threats. FarSounder engineers help their customers design an appropriate system for each vessel to meet customers’ individual needs. Shore based systems are also available for home based ports of call.

About Palladium

For over 20 years, Palladium Technologies, a privately held company based in Fort Lauderdale, Fla., has been a pioneer in developing and deploying advanced control and monitoring solutions for the world’s mega yacht industry. The company’s flagship product, SiMON, and the DAME Award-winning, iSiMON, and SiMON2 applications have won widespread acclaim and acceptance throughout the industry for their depth of integrated monitoring control capabilities, rich user graphics and ease of use. The “Total Technology Solutions” company also develops state-of-the-art Titan switchboards in its electrical division and provides a full range of yacht electrical engineering services including design, production and documentation to meet major classification society standards. Some of the products that are also available are A/V entertainment, SiMON-C, Consilium fire detection and security systems

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