AUGUST 28, 2014  – Kraken Sonar Systems Inc., a leading sonar technology company, announced today that Marine Technology Reporter has again included Kraken Sonar Systems Inc. as part of their MTR100 – a list of the 100 most influential companies in the international marine technology marketplace.

This is the second year in a row that Kraken has been selected for the list. Kraken was one of 10 Canadian companies listed and the only company selected from Newfoundland.

Marine Technology Reporter is the world’s largest audited circulation magazine to cover the marine technology market. Each year the magazine evaluates and ranks marine technology companies worldwide to create the MTR 100 list. In the July/August 2014 issue, Kraken and other companies are profiled as the leading companies serving today’s global marine technology industry.

The issue is now available online at:

Karl Kenny, President and CEO of Kraken said, “Being named to the MTR 100 list for the second year in a row is an exceptional honour.  We feel privileged to be in the company of some of the best known marine tech companies in the world. We extend our appreciation to the editors and staff at Marine Technology Reporter for this wonderful recognition.”

About Kraken Sonar Systems Inc.

Kraken is a marine technology company engaged in the design and development of high performance Synthetic Aperture Sonars and Acoustic Velocity Sensors for military and commercial applications. For more information, please visit

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Kraken Sonar Systems Inc.

Glenda Leyte, Marketing Manager

(709) 757-5757 extension 242