|
|
 |
Vibration-Proof Fastener Technology Launched
Valhalla, New York – September 2002 –
A pioneering breakthrough in fastener technology ideally suited for a wide range of important applications was launched this week with the introduction of the new "PermanentechTM" self-locking, vibration-proof nut and bolt system available in metal and moldable plastic, all sizes.
Multi-patented in the US and Canada, with UK, EU, South American and China patents pending, PermanentechTM Technology fasteners feature an advanced, lock-in bolt channel design which engages the nut at predetermined intervals. The nut incorporates exclusive lock-in tines which eliminate vibration, help make products safer, lower warranty costs and guard against vehicular rattles.
Performance proven by enduring greater than 7,000 "Junker Shaker" vibration test cycles without vibrating or affecting the positive, self-locking capabilities, this advanced fastener system functions regardless of seat torque and is not clamp-load dependent.
According to Loren Ball, President and Company CEO, "these unique devices were researched, designed and developed over a ten year period, and are easily installed and maintained. The nut may be removed, for inspection purposes, with a special patented removal tool permitting reuse of the bolt". He pointed out that the technology can "prevent joint failure in hard-to-service locations, eliminate the need for less effective, corrosive adhesives, discourage tampering with warranty parts and assure more accurate clamp loads". Mr. Ball also stated that "these vibration-proof fasteners accomplish what was never before deemed possible".
Typical uses include: automotive, marine, aerospace and avionics, off-road equipment, industrial machinery, defense, road, bridge and highway construction, steel construction, railway, medical instruments and electronics. Price and delivery are subject to material and size requirements, with bulk quantity discounts available.
About Permanent Technologies, Inc.
Permanent Technologies is the inventor and manufacturer of the award winning TineLok Fastening System -- a family of fasteners that are designed to hold tight in the most demanding, extreme and harshest conditions, environments and applications.
The TineLok Fastening System's vibration-proof, self-locking technology is an affordable alternative to traditional fasteners when increased safety, reliability, operating life and reduced maintenance is desired or required.
The Company has been granted numerous patents both in the U.S. and internationally for the TineLok technology. For more information please visit www.TineLok.com.
Forward Looking Statements:
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.
|
|
|
|