RESQUNIT AB: Intermas Commencing Distribution of RESQUNIT, Signaling a Major Step in Sustainable Fishing
Resqunit AB (Nasdaq First North GM: RESQ) celebrates a pivotal milestone with its first order from Intermas, the company's distributor in France and Spain. This order, while modest in financial terms, marks a significant step forward in the partnership, amplifying Resqunit's mission to combat the global issue of lost fishing gear through innovative technology. By leveraging Intermas's extensive network across 70 countries, this collaboration aims to enhance maritime safety and promote sustainable fishing practices worldwide.
STOCKHOLM, May 30th 2024 – Resqunit AB (Nasdaq First North GM: RESQ), a leading provider of smart electronic systems designed to reduce fishing gear loss, has received an important first order from Intermas, the company’s distributor in France and Spain. Though of minor economic significance, this development marks an important step in Resqunit’s ongoing partnership with Intermas.
Intermas, headquartered in Llinars del Vallès, Barcelona, Spain, is a world-leading producer and distributor of tools to the fishing industry, active in more than 70 countries across Asia, Europe, Africa, and South America.
As per the initial announcement in 2023, this partnership will extend the Resqunit technology's presence globally, putting focus on the massive problem with lost fishing gear in several coastal nations, through Intermas's extensive distribution network.
“Intermas is determined to help lead change by being respectful with the environment and also the community. Across the whole company our policies and strategies ensure this commitment to world well-being. that's why the partnership with RESQUNIT is important for us.”, said Luis Venturo, Area Sales Manager of Intermas.
The RESQUNIT is an electronic device that can be attached to fishing gear and gives the fisher a chance to retrieve equipment if lost in the ocean. It is the only preventive solution on the market to one of the largest environmental problems in the world today.
“We are proud to see our partnership with Intermas progressing as planned,” said Resqunit CEO, Helge Trettø Olsen. “Intermas's initial distribution of RESQUNIT products reinforces the value and importance of our technology in enhancing maritime safety. Their commitment to innovation and sustainable fisheries makes them an ideal partner for us.”
For more information, please contact:
Helge Trettø Olsen, CEO, Resqunit AB
Email: helge@resqunit.com
Telefon: +47 901 68 908
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About Resqunit AB
Resqunit is an ocean technology company that develops innovative equipment to disarm and retrieve lost fishing gear. Through the collection of sensor data and software, the company wants to increase knowledge about the ocean and increase catch predictability. Every year, between 500 000 and 1 000 000 tons of fishing gear disappear at sea, including 25 million fishing pots. A significant part of this consists of plastic, which over time dissolves in microplastic particles and enters the food chain. Lost gear harms fisheries, animal populations and the environment. Resqunit AB (publ) was founded in 2021 as a parent company (listco) with 100% of the shares in the Norwegian subsidiary Resqunit AS, founded in 2017.