Liquid Robotics Expands Federal Presence, Creates U.S. Federal Subsidiary


SUNNYVALE, CA and KAMUELA, HI--(Marketwire - Aug 8, 2012) - Liquid Robotics®, an ocean data services provider and developer of the Wave Glider®, the first wave-powered, autonomous marine robot, today announced at AUVSI 2012 the formation of a wholly owned subsidiary, Liquid Robotics Federal, LLC, and named Grant Palmer as the Senior Vice-President leading the subsidiary. A 32-year C4ISR technology market veteran and former Division President, L-3 GCS, Mr. Palmer has extensive experience in the US Defense and National Security sectors, as well as International Commercial/Military sectors. Prior to L-3 GCS, Mr. Palmer held key management positions at Cubic, The Spectrum Group, Tripoint Global Communications (now GD Satcom Technologies), GE/Gilat Spacenet, and Harris GCSD.

The creation of the Subsidiary underscores Liquid Robotics' long-term commitment to its largest and fastest-growing customer base.

"By standing up the Federal Subsidiary, Liquid Robotics will be able to dedicate additional resources and engineering talent necessary to address the full breadth of emerging robotic missions that Wave Glider technology offers to the Federal Government market," said Marv Langston, Former Deputy Assistant Secretary of Defense, US DoD; and former Deputy Secretary of the Navy, Space and Electronic Warfare.

As navies and other governmental entities around the world look for innovative and more cost-effective solutions to persistent surveillance, monitoring, and communications on the seas and coastlines, they are looking to the revolutionary technology of Liquid Robotics' Wave Glider.

"Across the Government we are experiencing heightened demand for and interest in the Wave Glider's long endurance and persistent surveillance, communications, and advanced capabilities," said Bill Vass, CEO of Liquid Robotics. "Establishing a dedicated federal subsidiary and attracting as accomplished a government market executive as Grant Palmer, provides the right infrastructure and the right leader, at the right time to address the
growing demands of the U.S. government to monitor and protect America's maritime security interests and enable advanced scientific missions."

The new subsidiary reports to Bill Vass, the CEO of Liquid Robotics, and is headquartered in the Washington Metro Area. Liquid Robotics is currently hiring experienced business development managers, program managers, and systems engineers. To learn more visit http://liquidr.com/careers/ .

About the Wave Glider
The Wave Glider is the first unmanned autonomous marine robot to use only the ocean's endless supply of wave energy for propulsion (no manpower, no emissions, no refueling). The Wave Glider employs a multi-patented design that allows it to cost-effectively collect and transmit data gathered during yearlong missions, over distances of thousands of miles, or while holding station. Data gathered by Wave Gliders will help us address the biggest challenges our marine environments face -- including ocean acidification, fisheries management, security, and natural disaster mitigation.

About Liquid Robotics
Liquid Robotics, Inc. is an ocean data services provider and developer of the Wave Glider®, the first wave powered, autonomous marine robot that functions as a persistent and versatile platform for scientific, industrial, and defense payloads. Based in Silicon Valley and Hawai'i, the company's Wave Glider® is enabling dozens of applications and missions never before attainable. Liquid Robotics is backed by VantagePoint Capital Partners. For more information, visit www.liquidr.com.

Liquid Robotics and Wave Glider are registered trademarks of Liquid Robotics, Inc., in the United States and other countries.

Contact Information:

For more information:
Joanne Masters
Liquid Robotics
Tel: 858-232-5538

Grant Palmer, Senior Vice President, Liquid Robotics Federal