Tuesday, February 16, 1999

3D Systems Signs Third Partner for Proprietary 3D Keltool Technology

3D Systems Corp. announced that it has granted another license for its proprietary tooling technology solution, 3D Keltool, to a subsidiary of St. Paul, Minn.-based Rapid Design Technology (RDT). ... Continue reading

Adept's SILMA Division and Ford Complete First Phase of Agreement

SILMA, a division of Adept Technology, Inc. announced that Ford Motor Company's Vehicle Operations Group, based in has placed cumulative orders with Adept worth approximately $2.5 million for CimStation Inspection licenses and engineering services. ... Continue reading

ADP Receives High Marks of Satisfaction From PenPro Product Users

Socratic Technologies, a San Francisco-based market research firm, released the results of a 1998 survey that found exceptionally high satisfaction among insurance adjusters who use the PenPro collision estimating system. ... Continue reading

ANSYS, Inc. Selected for Strategic Computer-Aided Engineering Plan

ANSYS, Inc. announced that France's leading automotive components supplier Valeo has selected ANSYS, Inc. as its primary supplier of design verification and optimization software. ... Continue reading

Auto Affordability Best in 18 Years - Comerica Index

The purchase of an average-priced new vehicle in 1998 required 24.6 weeks of median family income, before taxes, according to the Auto Affordability Index compiled by Detroit-based Comerica Bank. ... Continue reading

BREED Reports Second Quarter Results

BREED Technologies, Inc. one of the world's largest occupant restraints suppliers, reported a net loss of $34.4 million, or 93 cents per share for the second quarter ended December 31, 1998. ... Continue reading

Carlisle Establishes Joint Venture in China

Carlisle Companies Incorporated announced that its Walker Stainless Equipment Company has established a joint venture with Shanghai No. 1 Chemical Machinery Plant in Shanghai, China. ... Continue reading

Choosing the Right Child Safety Seat Can Be Easy, Says AAA

New standards for child safety seats will help ease the frustration of finding and installing the right child safety seat. But what are parents to do until the new standards are officially adopted? Relax, according to AAA. ... Continue reading

Dattilo Elected to Cooper Tire Board

Cooper Tire & Rubber Company announced the election of Thomas A. Dattilo, Cooper's president and chief operating officer to Cooper's board of directors for a term expiring in 2001, filling the unexpired term of J. Alec Reinhardt. ... Continue reading

Delco Remy International Reports Strong Sales and Earnings Growth

Delco Remy International, Inc. reported its financial results for the second fiscal quarter ended January 31, 1999. ... Continue reading

Delphi Automotive Systems Elects Six New Directors

At the company's first board meeting following the Initial Public Offering of 17.7 percent of its common stock, Delphi Automotive Systems board of directors on February 10 elected six new directors. ... Continue reading

Federal-Mogul Appoints Robert Lesko, Assistant Controller, Corporate Finance

Kenneth Slaby, vice president- controller, Corporate Finance, Federal-Mogul Corporation, announces the appointment of Robert Lesko to the position of assistant controller responsible for the St. Louis Shared Financial Services Center. ... Continue reading

Goodyear's Introduction of S. American Airship Exceeds Expectations

For the first time ever, the continent had its own blimp, the Spirit of the Americas, which has already become a familiar sight on Brazilian television. ... Continue reading

Governor's Highway Safety Program Presents 10,000 Safety Seats

Gov. Jim Hunt has announced a grant for 10,000 child safety seats, valued at nearly $280,000, from the Governor's Highway Safety Program to Smart Start partnerships and the Department of Insurance Safe Kids coalitions and Buckle Up Kids programs. ... Continue reading

HP's Optoelectronics Division Receives Award

Hewlett-Packard Company announced that its Optoelectronics Division was awarded the "1998 Market Engineering Product Innovation Award" by Mountain View, Calif.-based market and technology consultant Frost & Sullivan. ... Continue reading

Infiniti Announces I30 Limited Edition Model

Infiniti, the luxury division of Nissan North America Inc., (NNA) announced the introduction of a special limited edition 1999 I30 model. ... Continue reading

Infiniti G20 and QX4 Named 'A Best Overall Value'

Two 1999 Infiniti vehicles earned runner-up to "The Best Overall Value of the Year" designations in the 13th annual IntelliChoice Best Overall Value of the Year Awards announced recently. ... Continue reading

JPE Inc. Announces Sale of JPE Canada

JPE Inc. announced the sale of substantially all of the assets of its Canadian subsidiary, JPE Canada Inc. ... Continue reading

Kokulis Elected Executive Vice President and CFO at Unitrode

Unitrode Corporation, a manufacturer of analog/linear and mixed- signal integrated circuits, modules, and non-volatile products, today announced that its Board of Directors elected John L. Kokulis Executive Vice President and Chief Financial Officer. ... Continue reading

Latest Testing Shows Promise for PEERDIESEL

Extensive testing of International Fuel Technology's PEERDIESEL (tm) (Performance Enhanced Emission Reduced) reformulated fuel continues at the California Environmental Engineering facility. ... Continue reading

Marshall N. Carter Elected To AlliedSignal Board

Marshall N. Carter, Chairman of the Board and Chief Executive Officer of the State Street Bank and Trust Company and its holding company State Street Corporation, has been elected to the Board of Directors of AlliedSignal Inc. ... Continue reading

Mercedes-Benz Introduces designo to the Fashion World

Mercedes-Benz of North America is taking the highway to the runway by introducing a new line of special edition cars at the Betsey Johnson Fall '99 Show during New York's Fashion Week today. ... Continue reading

Monro Muffler Brake Agrees to Purchasing Agreement With NAPA

Monro Muffler Brake, Inc. announced the signing of a purchasing agreement with the National Automotive Parts Association of Atlanta, Georgia. ... Continue reading

National Child Passenger Safety Week is Feb. 14-20

Despite air bag safety scares, too many parents are still putting infants in the front seat, according to the Automobile Club of Southern California. ... Continue reading

New Data Will Keep Pregnant Women Safer While Driving

Researchers from the University of Michigan will report their recommendations on greater safety for pregnant drivers at the 1999 International SAE Congress & Exposition March 1-4 in the Cobo Center, Detroit, Michigan. ... Continue reading

Porsche Cars North America Selects Carmichael Lynch

Porsche Cars North America officially announced the selection of Carmichael Lynch of Minneapolis, Minnesota, as its advertising agency effective immediately. ... Continue reading

Precision Auto Care, Inc. Announces Second Quarter Results

Precision Auto Care, Inc. announced that the Company reported revenues of $10.9 million and a net loss of $4.6 million, or $0.75 per share, for the quarter ended December 31, 1998. ... Continue reading

Quixote Corp Announces Favorable Ruling in Patent Infringement Case

Quixote Corporation announced that the U.S Court of Appeals for the Federal Circuit has affirmed the jury verdict in favor of Quixote and its formerly owned subsidiary, Disc Manufacturing, Inc., in a patent infringement lawsuit. ... Continue reading

Redlaw Industries Inc. - Financial Results

The financial results of Redlaw Industries Inc. of Orillia, Ontario for the first nine months of fiscal 1999 ended December 31, 1998 were released by the company. All dollars quoted are Canadian. ... Continue reading

SDRC Receives Imageware Surfacer Software Order

SDRC announced that Decoma Exterior Systems, a business group of Magna International, Inc., purchased 24 licenses of Imageware Surfacer(TM) version 9.0 -- the premiere surface modeling software provided by SDRC. ... Continue reading

Shiloh Reports First Quarter Earnings

Shiloh Industries, Inc., a vertically integrated steel processor for the automotive, heavy truck, and heating and air conditioning industries, announced financial results for the first quarter of fiscal 1999. ... Continue reading

Southern California Gas Price Average Continues to Decline

The average price of regular self-serve unleaded gasoline in Southern California dropped from $1.192 to $1.168, according to the Automobile Club of Southern California Fuel Gauge Report. ... Continue reading

SPX Q4 Exceeds Analysts' EPS Estimates

SPX Corporation announced fourth quarter and full year 1998 financial results. Fourth quarter operating performance exceeded First Call's consensus estimate of $0.62 per share. ... Continue reading

Standard Automotive Corporation Reports Record Revenue Growth

Standard Automotive Corporation announced its operating results for the third quarter and nine months ended December 31, 1998. ... Continue reading

The Majestic Companies, Ltd. Announces Possible Acquisition

The Majestic Companies, Ltd. is pleased to announce that on- going talks with Taltec Systems, Inc. regarding Taltec becoming a wholly owned subsidiary has now progressed from talking with senior management to the shareholders of Taltec. ... Continue reading

Wescast Reports Record Fourth Quarter And Year

Wescast Industries Inc., the Wingham, Ontario based auto parts manufacturer announced fiscal year 1998 net earnings of $47.9 million or $3.65 per common share compared to fiscal year 1997 net earnings of $39.4 million or $3.02 per common share. ... Continue reading

Women's Day at the Chicago Auto Show Features Manufacturer Seminars

Women's Day at the 91st Chicago Auto Show will be held Tuesday, Feb. 16, offering all women a $2 discount off the full admission price and a series of seminars on the purchase, lease, maintenance and safety of automobiles. ... Continue reading