Speedteq-Ti Enters The Formula One Industry
PHOENIX--April 5, 2005--Speedteq-Ti, Inc. (PINK SHEETS:SDTQ), an innovator in titanium fasteners and other state of the art Titanium products, has started work on prototype titanium fasteners and other products for several Formula One "F1" Teams and their First Tier Suppliers in Europe.Speedteq-Ti CEO, Bradley Miller, introduced many Formula One "F1" Teams and several of their First Tier Suppliers to our high strength light-weight Titanium Ti-200. The Formula One "F1" Industry is the world's most popular Motorsport and an industry valued in the $100s of millions per team and represents billions of dollars annually worldwide. To keep a competitive edge Formula One teams are always looking for stronger and lighter materials for their most demanding applications.
Several of the Formula One "F1" Teams and First Tier Suppliers were so impressed they handed Mr. Miller prints on the spot requesting prototypes and working "samples". Speedteq-Ti has not only been working hard to deliver the prototypes as quickly as possible, but has been in constant communication with the Industry giants on how Speedteq-Ti's Ti-200 Titanium can fit their day to day needs. Mr. Miller states that he has been given a number of opportunities because of the advancements the new High Strength Titanium's have shown in other difficult applications in other high profile Motorsports series.
When asked about the success of his Formula One Trip to Europe, Mr. Miller was quoted as saying, "The Formula one key people were very excited about Speedteq-Ti's Ti-200 Titanium and eager to learn more about our products. Many of the teams have been using lower strength titanium's, but it appears they have not been satisfied with its performance. I expect Speedteq-Ti will see many future revenues as a result of this entry into the F1 marketplace."
Speedteq-Ti develops, manufactures, and markets a variety of high strength light-weight titanium alloy products used in Automotive, Consumer Products and other advanced applications. Speedteq-Ti uses proprietary advanced titanium processes. Speedteq-Ti's flagship Titanium alloy compositions are Speedteq-Ti 951 and Speedteq-Ti 200.
Speedteq-Ti has spent many years developing its manufacturing processes which are considered the most advanced in the world. The results of these processes and materials not only make Speedteq-Ti's products the highest quality titanium products currently produced, but also the most affordable for its customers.
The company is focused on widening its product offerings in automotive, motorcycle, marine, and after markets products, citing strong opportunities in these sectors. The company has offices and manufacturing facilities located in Phoenix, Arizona.
For more information on Speedteq products and services, Google speedteq.