ClaroVia Technologies and Florida Atlantic International Corp Announce Joint Venture for Technology

BAINBRIDGE ISLAND, Wash. - Aug. 29, 2013 - PRLog -- BAINBRIDGE ISLAND, WA – 8/29/2013 -- ClaroVia Technologies (CVT, an affiliate of Eagle Harbor Holdings, LLC) and Florida Atlantic International Corp. (FAIC) today announced the formation of a joint venture that will create a new technology development platform for watersports equipment and sports gear. The objective of the alliance is to expand on the growing market for high-tech scuba diving, snorkeling and swim products, and explore new innovations in equipment across a broad range of activities for tech-conscious consumers.

“The two companies are a great fit for collaboration”, said Bob Barjesteh, Managing Director of Acquisitions and Strategic Alliances for ClaroVia. “We bring to the table a proven engineering and technology development vehicle for intellectual property management and patent prosecution. Combine that with the marketing, distribution, and product development expertise of FAIC and you have a collective team that ultimately will give sports enthusiasts access to cutting edge equipment that is safer, more functional, and more reliable.”

Nestor Palmero, of FAIC, stated, “We’re excited to work with the ClaroVia team. Their patent expertise will be a valuable business tool for our overall growth strategy, allowing us to continue to develop new concepts and protect our intellectual property, ultimately benefiting, the industry, equipment manufacturers and consumers alike.”

“We’ve spent the previous decade refining our intellectual property abilities, and we know what to look for in IP partners,” said Joe Preston, Chief Technology Officer at ClaroVia. Preston continues: “The FAIC Team brings a clear understanding of water sports and marine industries, and knows what consumers want when it comes to new innovative sports equipment. We look forward to partnering with them to make advances not only in dive, snorkel and swim gear, but general sporting goods equipment as well. We’re all seasoned scuba divers here, so it was a good fit with a mutual interest in improving water sports equipment for the marketplace.”

Snorkel and Swim enthusiasts may know Florida Atlantic International Corporation for their development of the National GeographicTM Snorkeler and Swim line, which was specifically designed by FAIC to meet all the needs for the adventurer of water based expeditions. More info at http://www.natgeosnorkeler.com/

ClaroVia Technologies (CVT) is the intellectual property and engineering services arm of Eagle Harbor Holdings, LLC (“EHH”), a leader in developing new technologies for the automotive industry and other technology fields. EHH focuses on the earliest stages of development, building from scratch and taking ideas through the “beta” stage to prove commercial viability. EHH focuses on a variety of technology markets such as industrial metals recovery/recycling and automated vehicle situation awareness. Collectively, EHH engineers are named inventors on more than 200 issued patents, which include technologies that have been installed in tens of millions of vehicles. EHH subsidiaries include MediusTech, LLC and Elixsys, LLC. More info at http://www.ehhllc.com