CINCINNATI--(BUSINESS WIRE)-- BAE Systems has been awarded a multi-million dollar contract by Plasan North America to provide armoring solutions and components for MRAP All Terrain Vehicles (M-ATV) bound for deployment in Afghanistan.
The contract with Plasan underscores BAE Systems on-going and long-standing commitment to American troops and the MRAP program.
"Our history of support for the MRAP program ranges from designing and developing three MRAP variants, to supplying critical components on every MRAP platform, including--with the Plasan contract--the M-ATV," said Tony Russell, president of BAE Systems' Security & Survivability business.
As a subcontractor, BAE Systems will be working directly with Plasan which is providing M-ATV armoring kits to the Oshkosh Corporation to fulfill its contract with the U.S. Army TACOM LCMC.
"The partnership between BAE Systems and Plasan represents the first of what we believe will be many collaborative efforts between our two companies. Together, we are focused on ensuring the vehicles we collectively armor do their job and keep our service men and women well protected on the battlefield," added Russell.
Plasan, with headquarters in Israel, is a global leader in survivability and combat-proven armor solutions. "We are proud to take part and support Oshkosh and the U.S. Military's efforts to protect American troops, and we are proud to have BAE Systems on this vital program," said Dani Ziv, CEO, Plasan. "Plasan developed a strong and dedicated supply chain that supports this exceptional program, and we are happy to share our business success with our partners in order to benefit the war fighters," added Ziv.
Work on the contract will begin this month at BAE Systems' production facilities in Fairfield, Ohio.
BAE Systems' Security & Survivability business is a leader in protection, security and survivability systems for land, air and naval applications. It is a technology leader in lightweight materials, including composites, ceramic and transparent armor technologies; integrated vehicle armor systems; vehicle and aircraft survivability components and accessories; and soldier protection equipment, sold primarily to the government and other defense contractors.
About BAE Systems
BAE Systems is the premier global defense, security and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. With approximately 105,000 employees worldwide, BAE Systems' sales exceeded 18.5 billion (US $34.4 billion) in 2008.
Source: BAE Systems
HOUSTON, Nov. 11 /PRNewswire/ -- OrthoAccel Technologies, Inc., developers of the AcceleDent System, which is an acceleration device to enhance orthodontics, announced that its application to market and distribute the product for sale was approved by Australia's Therapeutic Goods Administration (TGA). AcceleDent is classified as an, "orthodontic appliance system," in Australia.
(Photo: http://www.newscom.com/cgi-bin/prnh/20091111/DA09142)
(Logo: http://www.newscom.com/cgi-bin/prnh/20091029/DA01250LOGO)
AcceleDent is a simple, removable dental device that patients wear in the mouth for twenty minutes daily. It generates a light microvibration force which modulates the bone tissue remodeling process and accelerates orthodontic tooth movement. The device is hands-free and allows the user flexibility to carry out most routine tasks during the twenty-minute use session. The first case in private practice was initiated last month in the United Kingdom, OrthoAccel's first commercial market.
Brent Tarver, VP Clinical Affairs at OrthoAccel, remarked, "We consider this regulatory clearance to be an important part of our strategic plans, particularly as we begin focusing on the conclusion of the pivotal trial next year for FDA clearance here in the United States." AcceleDent has been added to the Australian Register of Therapeutic Goods (ARTG). Mike Kaufman, VP Business Development at OrthoAccel, added, "We will be attending the World Federation of Orthodontists 7th International Orthodontic Congress in February next year in Sydney. Australia is a progressive orthodontic market that is very open to credible and meaningful new technologies."
Results from the initial clinical trial demonstrated an overall tooth movement rate of 2.1 mm per month, which is 30% to 50% faster than what is reported in the literature. This same study further demonstrated the safety of the AcceleDent System through a detailed measurement and statistical analysis of root resorption, yielding mean values of below 0.5 mm. It should be noted that 0.5 mm is well below the level of 2 mm, or one-third of the root length, considered clinically significant by researchers.
Jeremy J. Mao, DDS, PhD is the original inventor of the core OrthoAccel technology and also currently serves as the Chairman of the Company's Scientific Advisory Board. He commented, "The Phase I Human Clinical Trial conducted at the University of Texas Dental Branch in Houston validates our previously published animal data that serves as the foundation for the concept that orthodontic treatment can be safely accelerated." Dr. Mao also serves as the Director of the Tissue Engineering & Regenerative Medicine Laboratory and Professor at the Columbia University College of Dental Medicine in New York.
OrthoAccel is presently controlling availability of AcceleDent in the United Kingdom to a select group of orthodontic specialists before a broader release in October 2010. The Company reports plans to take a similar approach with the Australian market.
About OrthoAccel Technologies, Inc.
Based in Houston, Texas, OrthoAccel Technologies, Inc. is a privately owned medical device company currently engaged in the development, manufacturing, and marketing of products to enhance dental care and orthodontic treatment.
About the AcceleDent System
AcceleDent represents the first clinical approach to safely accelerate orthodontic tooth movement via modulating biology. The device has been studied clinically and applies gentle pulsing forces in combination with standard orthodontics to move teeth faster through accelerated bone remodeling. Importantly, the device works complementary with all existing orthodontic technologies. AcceleDent is neither FDA cleared nor FDA approved; it is currently investigational only in the United States. More information can be found at www.acceledent.com or requested via info@orthoaccel.com
Media Contact Michael K. Lowe, CEO +(832) 631-1659
SOURCE OrthoAccel Technologies, Inc.
AUSTIN, Texas--(BUSINESS WIRE)-- Members of the Communications Workers of America ratified a new four-year agreement with AT&T covering 27,000 CWA-represented workers at AT&T Southwest. The settlement was ratified by a majority vote.
Among improvements, the agreement provides for a compounded 12 percent wage increase over the contract term, with a cost-of-living adjustment in the final year, and a 2 percent increase in the pension bands in each contract year, also with a final year cost-of-living adjustment.
Negotiations are continuing for about 40,000 CWA-represented workers at AT&T Southeast (CWA District 3) and AT&T East (CWA Local 1298).
Source: Communications Workers of America (CWA)
ATLANTA, Nov. 11, 2009 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating potential violations of the federal securities laws by Canadian Superior Energy, Inc. ("Canadian Superior" or the "Company") (AMEX: SNG). The investigation focuses on whether a series of statements regarding Canadian Superiors' business, its prospects and its operations were materially false and misleading at the time they were made.
If you invested in Canadian Superior common stock between January 14, 2008 and February 17, 2009 and have questions concerning your legal rights, you are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.
CONTACT: Holzer Holzer & Fistel, LLC
Michael I. Fistel, Jr., Esq.
mfistel@holzerlaw.com
Marshall P. Dees, Esq.
mdees@holzerlaw.com
(888) 508-6832
1117 Perimeter Center West, Suite E-107
Atlanta, GA 30338
WARRENDALE, Pa., Nov. 11 /PRNewswire-USNewswire/ -- The continued development of new and advanced battery technologies will play a critical role as vehicle manufacturers increase the availability of hybrid-electric vehicles, move toward the implementation of plug-in hybrid-electric and battery-exclusive vehicles, and continue research into other variations of electric-related vehicle propulsion systems. To address this growing technology and to help standardize development, SAE International is creating a new Vehicle Battery Standards Committee which will serve as a center for standardization.
"We, along with the Alliance of Automobile Manufacturers and the Association of International Automobile Manufacturers (AIAM), recognize the importance that batteries and battery technology play in the design and development of new vehicles. SAE International has long been at the forefront of standards development and we feel that this committee will fill a crucial need in the development of this technology," David L. Schutt, PhD, Chief Executive Officer, SAE International, said.
The new SAE Vehicle Battery Standards Committee will initially focus on standardizing battery performance and safety and will assure harmonization with other standards development in the U.S. and around the world.
"AIAM members look forward to the opportunity to participate in the new SAE Vehicle Battery Standards Committee," said Michael J. Stanton, President and CEO of AIAM. "The work of this Committee will be of great value to vehicle and battery manufacturers, and in particular will help assure appropriate levels of safety are incorporated into battery systems for vehicle propulsion."
The SAE Vehicle Battery Standards Committee will report to the SAE Motor Vehicle Council, which is responsible for development of all passenger car, light duty truck and van standards within SAE International.
"The Alliance of Automobile Manufacturers fully supports the creation by SAE of a new Vehicle Battery Standards Committee. This is consistent with SAE's traditional role of drawing together leading industry experts to develop standards that help guide the auto industry with state-of-the-art design practices. Advanced battery technology is one of the most important technical issues being addressed by Alliance members today. SAE's involvement will complement Alliance members' actions already in place to develop electric vehicle technologies with a high-level of safety," said Robert Strassburger, Vice President of Safety and Harmonization of the Alliance.
SAE International is a global association of more than 121,000 engineers and related technical experts in the automotive, aerospace and commercial-vehicle industries. SAE International's core competencies are life-long learning and standards development. SAE International's charitable arm is the SAE Foundation, which supports many programs, including A World In Motion(R) and the Collegiate Design Series.
- www.sae.org -
Contact:
For SAE PR: Shawn Andreassi, SAE International, via pr@sae.org or call 1-724-772-8522. For SAE Ground Vehicle Standards: Jack Pokrzywa, via jackp@sae.org or call 1-248-273-2460
SOURCE SAE International
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