HALIFAX (July 20, 2004) – Survival Systems Holding Ltd. (SSH), a safety and survival training company in Dartmouth, is constructing three training simulators for U.S. military bases in Korea, Hawaii, and the continental U.S., with support from Nova Scotia Business Inc. (NSBI).
Survival Systems is respected around the world as the market leader of specialized critical situation simulators and other equipment related to safety and survival training. The company has a special focus on the worldwide military market because it presents the most growth potential. Another key market for the company is the offshore oil and gas industry.
“Establishing a relationship with the U.S. military in 2003 has been our greatest milestone,” said Albert Bohemier, President and CEO of SSH. “This relationship has helped secure our position as a leader in the market, bringing new customers to SSH.”
NSBI will provide a loan of $500,000 as working capital for the construction of three simulators that will replicate critical situations such as airplane or helicopter crashes. The systems will be leased to the U.S. military, and Survival Systems will conduct training. The machines can tally how many lives have been saved in a simulated emergency; thereby, measuring the performance of trainees. The company’s training program is so realistic is has been proven to save lives.
“NSBI and Survival Systems’ new partnership means continued work for 17 Nova Scotia employees, with possibilities for expansion in the coming years” said Ernest Fage, Minister of Economic Development. “Companies such as SSH are the reason more Nova Scotians are employed today than ever before.”
Survival Systems has more than 100 employees around the world including five training centres on U.S. Marine Corps bases in California, Hawaii, North Carolina, Japan, and Alabama. The company expanded in 1998, resulting in a new office in Connecticut.
“This is an excellent opportunity for NSBI to help a Nova Scotia company that exports all its products and services,” said Stephen Lund, President and CEO of NSBI. “Survival Systems fulfills the needs of an international market, and it has set the benchmark in the industry.”
Nova Scotia Business Inc. is the province’s business-development agency, an organization that works with companies to deliver business solutions. The private sector-led organization works to attract new businesses to the province and helps those already in Nova Scotia expand, through services such as export development and financing.