360 Software Corp. to develop simulator software for Arab Academy for Science & Technology in Egypt

ORLANDO - 360 Software Corp., an Orlando based simulation developer, was recently awarded a major contract to develop simulator applications and equipment for the Arab Academy for Science and Technology and Maritime Transport in Alexandria, Egypt.

Gus Perez-Poveda, president of 360 Software Corp., said the simulator 360 Software it is developing will help the Arab Academy teach maritime technicians how to operate the Global Maritime Distress and Safety System (GMDSS), which links shipboard, satellite and terrestrial communications to provide instant automatic alerts in the event of a marine emergency.

Poveda said Global Simulations, Inc., and MPRI, a division of L3 Communications, Inc., awarded 360 Software the contract.

“The GMDSS simulator is a highly realistic, low cost device to train sailors to handle emergencies efficiently, Poveda explained.

360 Software’s GMDSS simulator employs touch-screen technology and virtual GMDSS equipment.

“Our GMDSS simulator allows the instructor to create realistic multi-channel communications scenarios with a virtual device that looks and functions like the real GMDSS equipment,” Poveda said.

360 Software, a client company of the University of Central Florida Business Incubation Program located in the Central Florida Research Park in East Orlando, is a leading provider of photo-realistic virtual equipment that simulates the look and functions of the real hardware to train technicians to operate communications equipment and aircraft and transportation gauges, panels, and displays.
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For more information, contact: Gus Perez-Poveda, Chief Executive Officer, 360 Software Corporation 407-380-6322; gpoveda@360softwarecorp.com; Carol Ann Dykes, Site Manager, UCF Technology Incubator 407-882-0211, cdykes@mail.ucf.edu; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 Lvershelco@aol.com
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About the UCF Incubation Program: Since its founding in 1999, the UCF Business Incubation Program has helped more than 140 emerging companies (including 90 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With eight facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.

NAI Realvest negotiates new long-term lease agreement for 10,700 square feet at 33rd Street Industrial Center in Orlando

ORLANDO – NAI Realvest recently negotiated a new seven-year lease agreement for 10,700 square feet at 4624 LB McLeod Rd. in the 33rd Street Industrial Center in Orlando.

Michael Heidrich, a principal at NAI Realvest, brokered the transaction representing the landlord, Columbus, Ohio-based 33rd Street Properties LLC.

The tenant is Metro Skateboard Academy, Inc. of Orlando.

For more information, contact:
Michael Heidrich, Principal, NAI Realvest, 407-875-9989 mheidrich@realvest.com; Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com; Beth Payan or Larry Vershel Communications, 407-644-4142 Lvershelco@aol.com

About NAI Realvest:
NAI Realvest in Orlando, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.