MTS Selected for New Vehicle Development System
EDEN PRAIRIE, Minn., Feb. 9, 2005 -- MTS Systems Corporation today announced that it has been selected by a Japanese automotive manufacturer to design and deliver a state-of-the-art vehicle driving simulation system. Worth $27 million, this multi-year order represents the culmination of more than one year of joint study work.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020430/MTSCLOGO )
"MTS is proud to have been chosen for this project. It is the result of both a long standing history of delivering highly productive testing solutions as well as a successful collaboration with our customer to bring new technologies to market," said Sidney W. Emery, Jr., chairman and CEO. "Engineering advanced vehicle simulation systems is at the heart of our competencies. This project furthers our mission of being the global leader in integrated, productive testing solutions that improve the product development process."
The system will provide best-in-class driving simulation with uniquely realistic capabilities for urban driving experiences. It will be a key tool for advancing vehicle development programs by facilitating safe evaluation of accident avoidance systems by human drivers.
About MTS Systems Corporation
MTS Systems Corporation is a leading global supplier of test systems and industrial position sensors. The Company's testing hardware and software solutions help customers accelerate and improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. MTS' high performance position sensors provide controls for a variety of industrial and vehicular applications. MTS had 1,615 employees and revenue of $367 million for the fiscal year ended October 2, 2004. 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, photodesk@prnewswire.com