DGAP-News: American Wave Machines, Inc. Awarded Contract for Surf Pool in Sochi, Russia, Site of the 2014 Olympics

American Wave Machines, Inc.

08.05.2012 13:30
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PerfectSwell(TM) Surf Pool Opening Fall 2012 at Sheksna Resort

SOLANA BEACH, Calif., 2012-05-08 13:30 CEST (GLOBE NEWSWIRE) —
American Wave Machines, Inc. (AWM), world leader in artificial wave technology
for the emerging surf parks market, announces their selection as supplier of a
35,000 square foot PerfectSwell(tm) Model 1672 wave pool for the Sheksna Resort,
nominated as Russia–s Leading Spa Resort by World Travel Awards.

PerfectSwell is an entirely new approach to generating large waves in pools
with the emphasis on wave quality and the surfing experience. With no moving
parts in the water, sophisticated computer controls modulate wave shape, ride
duration, frequency and energy efficiency. Analogous to a phased array design,
PerfectSwell wave size is unlimited. Three simultaneously barreling waves
across the width of the pool can be generated at intervals as short as six
seconds.

The system includes innovative sanitation and a green heating system extending
the operating season with no additional energy usage. –For my resort, I want a
pool that will cater to active families and allow them to learn to surf. The
design is great for contests, events, and shows,– said owner Victor Lipukhin.
–AWM has provided excellent project support working with my local
requirements.–

–This is a great opportunity for my company to work with a visionary client
focused on his customers– quality of experience,– said Bruce McFarland,
President of AWM. –PerfectSwell completely changes the economics of surf parks.
We–re ramping up to deploy systems worldwide including in the resurgent U.S.
market.–

About American Wave Machines, Inc.

AWM is the creator of wave technology for surf parks, hotel/resorts,
recreation, and research applications. SurfStream(r), the world–s first standing
wave machine, is a technology breakthrough that delivers authentic surfing
capability in a compact space. The company also offers PerfectSwell(tm) generators
for wave pools, custom surf pool design, and integrated water treatment systems
for surf pools. www.americanwavemachines.com

The American Wave Machines, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12674

About Sheksna Resort

Residing on 14 hectares of landscaped parkland in one of the most picturesque
and ecologically clean places on the Black Sea coast, Sheksna resort sits atop
a hillside with magnificent views of the sea and mountains. The resort offers a
range of amenities geared for families with European standards of service and
comfort. www.sheksna.ru

CONTACT: Caroline Guillot de Suduiraut
B1PR
Tel: +33 7 77 73 26 21
E mail: cgs@b1pr.com
News Source: NASDAQ OMX

08.05.2012 Dissemination of a Corporate News, transmitted by DGAP –
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: American Wave Machines, Inc.

United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9902011215
WKN:

End of Announcement DGAP News-Service

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