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Exclusive Removal Tool Unlocks Vibration-Proof Fasteners
Valhalla, New York – September 2002 –
A unique, task-specific, Removal Tool designed to disengage PermanentechTM Vibration-Proof, Self-Locking Nut-Bolt fasteners in order to enable product inspection or repair is now available from Permanent Technologies, Inc. The new tool lifts the tine nut off the bolt, without marring or disturbing bolt thread structure. The bolt, designed with longitudinal channels, may then be reused with a new nut installed.
Fabricated from high tensile steel and incorporating a circular head with a notched extension, the device fits into the tine nut structure, lifts the flexible characteristics of the tine and permits easy nut removal from the bolt by counter rotation.
The multi-patented Self-Locking Vibration-Proof System is a one way nut and bolt combination which locks in the nut to the bolt at predetermined intervals, eliminating the possibility of vibration. U-shape, S-shape and J-shape hanger fastener systems that slip onto or into panels to form a locking nut subassembly are also available. Manufactured with metal or injection molded materials, in standard and custom sizes, the system provides standard and radial thread designs for a permanently locking nut and bolt combination as well as an unlockable type commensurate with the removal tool use.
Designed and developed over a period of 10 years, the system has many key uses including: automotive, marine, aerospace ad 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.
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