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PBS-4100 systems are used to automatically collect and record aircraft engine vibration data, identify vibration or balance trouble, and calculate a solution to the problem. This reduces engine vibration while extending engine life and lowering fuel costs. These systems are used by military forces, major airlines, and aircraft engine manufacturers in over fifty countries.
The ability of the military to quickly and accurately assess and service aircraft engine systems is critical to the mission of military forces. "In today's world, national security is paramount. We are pleased to be able to support our troops, wherever they may be deployed," said Peng Lim, CEO of MTI and General Manager of MTII. "Our team takes great pride in their work and is honored by the USAF's confidence in our company."
PBS-4100 systems are currently being used by most of the major USAF aircraft platforms including surveillance, stealth, transport aircraft, attack fighters, and strategic bombers.
About MTI Instruments
MTI Instruments, Inc. a subsidiary of Mechanical Technology (OTC: MKTY | Quote | Chart | News | PowerRating) is a worldwide supplier of precision non-contact physical measurement solutions, condition based monitoring systems, portable balancing equipment, and semiconductor wafer inspection tools. MTI Instruments' products use a comprehensive array of technologies to solve complex real world applications in numerous industries including manufacturing, semiconductor, commercial/military aviation, automotive, and data storage. MTI is also engaged in the development and commercialization of the "Mobion(R)" direct methanol fuel cell through its subsidiary, MTI MicroFuel Cells Inc. For more information, please visit www.mechtech.com
Statements in this press release which are not historical fact including statements regarding management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among others, MTII's future business prospects, technology and performance; MTII's ability to sell PV1000 products in any markets; and the importance of and benefits from launching a product in the solar cell industry. All forward-looking statements are made as of today, and MTI and MTII disclaim any duty to update such statements. It is important to note that MTII's and MTI's actual results could differ materially from those projected in forward-looking statements. Factors that could cause the anticipated results not to occur include, among others, the risk factors listed from time to time in MTI's SEC reports, including, but not limited to, its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.
SOURCE: Mechanical Technology, Incorporated
For Media Inquiries: Scott Estro, 415-233-6814 sestro@digcommunications.com
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