Perth, Nov 20, 2008 (ABN Newswire) - Structural Monitoring Systems plc (ASX:SMN) is pleased to announce that it has received letters from three European Aeronautic Defence and Space (EADS) companies providing statements in support of the on-going rights issue.
The European Aeronautic Defence and Space Company (EADS) is the largest European aerospace corporation that designs, manufacturers and markets civil and military aircraft, as well as missiles, space rockets, satellites, and related systems. Major EADS aerospace companies are: Airbus (large civil aircraft); Defence & Security Military Air Systems (military aircraft); Eurocopter (civil and military helicopters), and; Astrium (launch vehicles spacecraft). The corporate research group of the company is the EADS Innovation Works.
The letters from Airbus, Military Air Systems and the Innovation Works overview the maturity and utility of the Company’s Comparative Vacuum Monitoring (CVM(TM)) technology and products, and their importance to their on-going structural test, civil and military aircraft Structural Health Monitoring (SHM) programs, and potential benefit to future aircraft structural design..
SMS Managing Director, Mark Vellacott said "SMS has a long productive relationship with EADS companies, and is delighted to have received these statements of support from three important EADS customers. SMS greatly appreciates the assessment contained in these letters of the importance of CVM technology to their structural test programs, and also to EADS’s plans for SHM systems enabled improvements in maintenance management, and innovative structural design for weight saving purposes for both civil and military aircraft. SMS looks forward to being able to introduce the benefits of using CVM technology to a wide range of EADS aerospace products."
Structural Monitoring Systems has received accreditations from The Boeing Company and the Australian Defence Force endorsing the use of CVM(TM) sensors and PM200 handheld monitoring instrument as a suitable means of performing structural integrity inspections. The Company has also achieved a major milestone with Airbus acknowledging CVM as being "Technology Ready" to be included in its commercial aircraft maintenance programs. In the commercial aircraft sector Structural Monitoring Systems has well established relationships with the four largest aircraft manufacturers: Boeing; Airbus; Embraer; Bombardier. Structural Monitoring Systems also has well established relationships with air forces in the US, UK, Europe, Australia, and Asia, and with whom CVM(TM) technology is being evaluated for various military aircraft structural integrity monitoring applications.
Structural Monitoring Systems is a structural integrity sensor system company engaged in commercialising its leading edge Comparative Vacuum Monitoring (“CVM(TM)”) technology, to produce remote crack detection sensor and instrument products based on the patented CVM(TM) principle that will radically reduce the cost of maintenance and vehicle or plant down-time associated with performing safety critical structural integrity NDT inspections. Durable, simple to design and manufacture, easy to install and use, highly reliable and with a benchmark crack detection capability, CVM(TM) technology has application in a broad range of commercial, military and industrial market sectors, specifically in air, land and sea transportation systems, power-generation systems, and industrial processing plants.
Contact
Mr Mark Vellacott Managing Director Ph: +61-8-9204-4844
