 |
|

Paradox Marine has evolved from several
situations coming together. The two initial investors of Paradox
Marine, Marc Curreri and Brian Curreri, own a marine service
company. The owner of Paradox Security Systems had a boat the
service company was maintaining.
He, like most boat owners, wanted to protect his boat and designed
the Magellan system specifically for his boat. The prototype
Magellan system was installed by the service company and put into
service. Seeing the potential of the product, Marc purchased two
additional Magellan units and sold them that day!
Marc and Brian
formed Edgewater Technologies, Inc and collaborated with Paradox
Security Systems to modify the Magellan system to fit the needs for
the general boating consumer, thus Marine Magellan Boat Alarm
and Vessel Monitoring System was born.
Marine
Magellan Boat Alarm and Vessel Monitoring System is the only all-in-one, completely wireless, two-way voice,
security and monitoring system with GPS tracking.
At this time, Jim Weter became a working shareholder. As the
exposure of the Marine Magellan Boat Alarm and Vessel
Monitoring System increased and after the global
distribution agreement was signed with Paradox Security Systems, the
name of the company was changed from Edgewater Technologies to
Paradox Marine. The company continued its innovation and formed
strategic partnerships with several key industry members who worked
with Paradox Marine to further develop the Marine Magellan and other
Paradox Marine products. It was at this time that Jay Keenan became
a working shareholder.
Paradox Marine continues its commitment to research and development
with Brian Kane directing our efforts on innovation.

|
|