Re: The Locator

Thank you for allowing us to inspect and evaluate your vessel monitoring system, "The Locator". The insurance companies that we represent were very impressed with the systems abilities to monitor vital information about the condition and location of the vessel.

Several of our companies have agreed to offer an exclusive, insurance premium discount, for any vessel equipped with "The 'Locator". Depending on the specific company, the discount ranges from 5% to 15%.

"The Locator" provides an extremely economical way to reduce losses due to both theft and accidental malfunctions. We therefore would request a supply of your brochures so that we can make "The Locator available to our existing clients.

Sincerely,

Ron Pisciottano, General Manager
AMERICAN ADVANTAGE INSURANCE SERVICES, INC.

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