Ferrari Selects MTS for New Vehicle Development Systems
EDEN PRAIRIE, Minn., May 26, 2004 -- MTS Systems Corporation announced today that it was selected for several projects totaling more than U.S. $9 million from Ferrari S.p.A. for the development of both Formula 1 and passenger cars. The orders feature MTS's new dynamometer technology and two test rigs to provide chassis dynamics performance evaluation.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020430/MTSCLOGO )
"We must continually look for ways to improve our performance to achieve the maximum output from our Formula 1 cars," said Ross Brawn, Technical Director at Ferrari Gestione Sportiva. "The systems provided by MTS will provide us the information and insight which has not been easily available and to meet the challenge of staying ahead of the Formula 1 competition."
"MTS is pleased to supply Ferrari systems for both Formula 1 and passenger car applications," said Sidney W. Emery, Jr., chairman and CEO. "Our new, ultra low inertia, high performance virtual engine system is specifically designed to enhance development of next generation vehicles. Up until this time, the technology to meet increased performance needs has not been available. Customers will now be able to precisely replicate the performance of a Formula 1 engine with respect to power, speed, torque, acceleration and inertia in the lab. We are proud to be helping Ferrari engineer better cars."
About MTS Systems Corporation:
MTS Systems Corporation is a global supplier of testing products and industrial sensors. MTS testing products help customers accelerate and improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. They include computer-based mechanical testing and simulation systems, modeling and testing software, and consulting services. MTS position sensors are used to improve the productivity, performance and safety of a wide variety of industrial equipment. MTS had 1,630 employees and revenue of $340 million for the fiscal year ended September 27, 2003. Additional information on MTS can be found on the worldwide web at http://www.mts.com/ .
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020430/MTSCLOGOAP Archive: http://photoarchive.ap.org/
PRN Photo Desk, 888-776-6555 or 212-782-2840