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NASA Engineer Wins 1st Ever "Women in Engineering" Achievement Award
Hauppauge, New York – March, 2003 –
The first annual "Women in Engineering" Achievement Award has been presented to Ms. Michelle Manzo, a NASA engineer whose efforts contributed significantly to the performance and use of batteries in aerospace exploration - specifically Nickel-Hydrogen batteries aboard the Hubble Space Telescope.
The March 4th presentation, held at Chicago's Museum of Science and Industry, was sponsored by Permanent Technologies, Inc., creators of the "Tine-LokTM Vibration-Proof, Self-Locking Fastener System". The "Women in Engineering" Achievement program was a key feature of the prestigious 16th annual Engineering Awards Ceremony, which launched National Manufacturing Week in conjunction with the National Design Engineering Exposition.
Loren Ball, the company's President and C.E.O., stated that, "Our involvement signifies Permanent Technology's strong support of America's space exploration program and to commemorate the dedicated bravery of our nation's astronauts". He also revealed that the prize award is in the form of a cash grant which, at the request of Ms. Manzo is being forwarded directly to the Ernest B. Yeager Center for Electrochemical Sciences at Case Western Reserve University where Ms. Manzo earned her engineering degree.
Permanent Technologys was recently twice-named an award winner, as "Best Product for the Year (2002) in Category" for its innovative "Tine-LokTM Vibration-Proof, Self-Locking Nut & Bolt Fasteners", as well as being lauded as one of ten (10) top industrial innovations for 2002 by Reed Business Information Publications.
Ms. Manzo has also earned NASA's National Exceptional Achievement Award Medal and the R&D 100 Award for her role in the ground-breaking decision to fly Nickel-Hydrogen batteries into space. She is Acting Branch Chief, electrochemical division, of the NASA Glenn Research Center in Cleveland, Ohio. A graduate of Case Western Reserve University, she was the first of a large family to attend college.
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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