BEI Technologies, Inc. Announces Systron Donner Inertial Division C-MIGITS III Selected for NovaSol ARCHER Imaging System
January 06 2005 - 12:32PM
PR Newswire (US)
BEI Technologies, Inc. Announces Systron Donner Inertial Division
C-MIGITS III Selected for NovaSol ARCHER Imaging System SAN
FRANCISCO, Jan. 6 /PRNewswire-FirstCall/ -- BEI Technologies, Inc.
(NASDAQ:BEIQ), an established manufacturer of electronic sensors
and motion control products is pleased to is pleased to announce
that BEI's Systron Donner Inertial Division (SDID) in Concord,
California has been awarded a $400k contract to supply its C-MIGITS
III INS/GPS for NovaSol, Inc.'s ARCHER airborne hyperspectral
imaging system. NovaSol is contracted to deliver 17 systems to the
Civil Air Patrol (CAP) who will use the system in Search and Rescue
(SAR) and disaster management missions. ARCHER is the first broad
application of high-tech airborne imaging systems in civilian
aircraft to enhance the CAP's mission capabilities. NovaSol is
providing airborne and ground station components to be used on CAP
aircraft. The systems will collect hyperspectral and high
resolution panchromatic data for real-time and post-flight
processing and analysis. Archer will be deployed at all wings of
the CAP across the nation. SDID's C-MIGITS III provides GPS
corrected inertial data that is used to geo-rectify the real-time
hyperspectral image. The ARCHER system uses the C-MIGITS III
navigation outputs to pinpoint the location of objects such as
persons in need of assistance, fire hotspots or oil spills on lakes
and rivers. The C-MIGITS III features an inertial navigation system
(INS) with three of SDID's patented quartz rate sensors and three
vibrating quartz accelerometers tightly coupled with a 12 channel
Jupiter C/A code GPS receiver. "NovaSol chose the C-MIGITS III INS
because it produces attitude and location measurements at the
required rates and accuracies for precision geo-registration of
airborne HSI data," said Detlev Even, NovaSol's ARCHER program
manager and director of ISR sensors. "We like the C-MIGITS'
compactness, reliability, and well documented data interface.
Integrating C-MIGITS with the ARCHER system proved to be
straightforward, and enabled NovaSol to adhere to an aggressive
development schedule." "We are pleased to receive this important
order from NovaSol," commented Brad Smith, Vice President &
General Manager of BEI Systron Donner Inertial Division. "This
award aligns with our strategy for growth through the supply of
GPS/INS systems for emerging markets such as airborne imaging and
unmanned vehicles." BEI Technologies, Inc. (the "Company" or
"Technologies") is an established manufacturer of electronic
sensors, motors, actuators, rotary optical encoders, linear
encoders with associated digital readouts (DROs), and motion
control products used for factory and office automation, medical
equipment, military, aviation and space systems. In addition, sales
to manufacturers of transportation equipment, including
automobiles, trucks and off-road equipment, have become a
significant addition to the Company's business in recent years. The
Company's micromachined quartz rate sensors are being used in
advanced vehicle stability control systems and a significant
increase in the production of those sensors had been in progress
from the middle of 1998 to FY 2004 except for a decrease in
production in fiscal 2002 due to increased competition. The Company
is currently transitioning to its next generation of automotive
inertial quartz based sensor products, remotely mounted multi-
sensor clusters with CAN Bus and a multi rate sensor package
suitable for incorporation into electronic systems modules. The
Company also manufactures electronic steering wheel position
sensors, seat-memory modules, throttle position sensors, inertial
navigation systems, and other devices used in transportation
systems. NovaSol, a six-year-old firm headquartered in Honolulu,
Hawaii, provides turnkey imaging and navigation solutions to
government and industry. NovaSol specializes in the development and
fabrication of visible and near-infrared hyperspectral imaging
(HSI) systems. Applications for these systems range from
surveillance, tracking, agriculture, homeland defense, and
environmental monitoring to search and rescue, military
reconnaissance, and urban planning. NovaSol was recently named to
the 2004 Inc.500 list, based on average annual sales growth. The
company, which has more than 80 employees and, in 2003, $11.8
million in revenue, was cited for its 94 percent annual growth and
376 percent total growth. NovaSol is the first company to make this
list in Hawaii in 15 years. Except for historical information, this
news release may be deemed to contain forward-looking statements
that involve risks and uncertainties, including statements with
respect to future timely development, acceptance and pricing of new
products; potential impact of competitive products and their price;
the ability to manufacture products in sufficient volume on an
efficient and timely basis; general economic conditions as they
affect the Company's customers and strategic partners, as well as
other risks detailed from time to time in the Company's reports to
the Securities and Exchange Commission, including the Company's
Form 10-K for fiscal 2004. DATASOURCE: BEI Technologies, Inc.
CONTACT: John LaBoskey, Senior Vice President/CFO, of BEI
Technologies, Inc., 415-956-4477 Web site: http://www.bei-tech.com/
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