COLLINGWOOD, Ontario, Oct. 25, 2022 (GLOBE NEWSWIRE) — The Limestone Boat Company (the “Company”) (TSXV: BOAT | OTCQB: LMSBF) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats is proud to announce the debut of Seventeen Fifty-Two, the Company’s new line of electric boats, at the upcoming Fort Lauderdale International Boat Show, October 26th – 30th.

“The launch of Seventeen Fifty-Two is the next step in our journey to provide a reliable and dependable boating experience featuring ground-breaking electric power and performance that doesn’t compromise the expectations and ride characteristics for which the Company’s Brands and Models are renowned,” said Limestone Boat Company CEO Scott Hanson. “Our journey started early in 2021 when we partnered with Vision Marine. Following months of extensive R&D, we rigorously tested our EV in real-world conditions earlier this year, and based on the overwhelmingly positive test results, we recently placed an initial order for 25 of Vision Marine’s E-Motion electric propulsion systems, which will power the first serial production versions of the 2.1 Center Console EV expected to start coming off the line in Q4 2023.”

It is anticipated that the serial production model 2.1 Center Console EV, powered by the powerful E-Motion 180E fully electric outboard, will provide the same or better performance than that of the test boat with the same propulsion system:

• Top Speed of 38 MPH
• Planes at 18 – 22 MPH
• Operating Time estimated in excess of 2 Hours at an Average Speed of 22 MPH
• Full Recharge Dockside in 4 – 8 Hours (time dependent on use of 1 or 2 chargers)