2004 IBEX Innovation Award

NATIONAL MARINE MANUFACTURERS ASSOCIATION
200 E. Randolph Dr., Suite 5100
Chicago, IL 60601-6528
312/946-6200

FOR IMMEDIATE RELEASE

CHICAGO, October 29, 2004 - Eight companies were recognized with IBEX Innovation Awards at the International BoatBuilders’ Exhibition and Conference (IBEX). National Marine Manufacturers Association (NMMA) presented the awards October 27 during the IBEX Industry Breakfast and Keynote Presentation, held in Miami Beach, Florida.

The Innovation Awards program, organized by NMMA and judged by Boating Writers International (BWI) recognizes those products that best meet the following criteria:

• Innovative distinction from other products currently being manufactured
• Benefit to the marine industry and/or consumer
• Practicality
• Cost-effectiveness

BWI provides the judges for the program, each having particular expertise in the award categories.

“This year we saw more than 60 new products, and virtually anyone could have been honored with an award,” said Roger Marshall, editor for Dockwalk magazine and vice president of Boating Writers International (BWI).

Marshall and NMMA president Thom Dammrich presented Innovation Awards to companies recognizing eight different product categories:

Category Company Product
Boatbuilding Methods & Materials Prairie Technology Group SWORL
Electrical Systems Westerbeke Safe-CO™ Generator
Engine Systems R&D Systems Polymer Heat Exchanger
Furnishings & Finishes Current Composites Silent Running – SR 1000
Hardware Fittings Hayn Enterprises Hi-Mod Failsafe Insulator
Mechanical Systems Sea Fire Marine Fire Foe
OEM Electronics & Electronic Sys. Tacktick Micronet System
Outboard Engine Mercury Marine Verado

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The Hi-Mod Failsafe Insulator from Hayn Enterprises is the only fail safe wire rigging insulator on the market. Delrin bushings are used to insulate the stainless steel body, ensuring that no electrical current can flow across the unit, and should the delrin brushing fail and internal nut will bottom out against the housing, ensuring the yachtsman does not lose a mast.

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For more information contact NMMA assistant director of Communications Dan Green at (312) 946-6269; dgreen@nmma.org.


Hayn [ +1 860 257 0680 ] Petersen Stainless [ +44 (0) 191 499 0041 ]