SMS Receives Purchase Contract from Automotive Manufacturer Toyota
15 September 1997
SMS Receives Purchase Contract from Automotive Manufacturer ToyotaAUSTIN, Texas, Sept. 15 -- Scientific Measurement Systems (OTC Bulletin Board: SCMS) (SMS) announced today that it has received an order from Toyota Motor Corporation . The computed tomography (CT) system from SMS will be used for inspection of aluminum engine blocks in a Toyota facility in Japan. This is the second sale for SMS to a major manufacturer in Japan; in December of 1996 SMS delivered a system to Bridgestone Ltd. of Japan, a major tire manufacturer. "The use of our industrial CT systems in manufacturing, for high speed imaging for process control, both in-line and off-line, represents one of our major growth areas for the future," noted Mike Ervin, President and CEO of SMS. "We are particularly pleased to have Toyota as a new customer because of the quality of their organization and their reputation as a leadership company in Japan's technology markets. The automotive industry, including the suppliers, represent a rich opportunity for applications of CT. That opportunity will continue to grow as we continue to improve the acquisition speed of industrial CT." SMS designs, manufactures, and sells industrial CT systems to a worldwide customer base. In addition, SMS is engaged in a joint research program to improve the speed of industrial CT with General Electric , General Motors , and EG&G partially funded by a NIST Advanced Technology Award. This program is focused on developing new "ultra-fast 3D CT" technology for the future that could significantly increase CT data acquisition speeds as well as the resulting reconstruction of images from that data. SMS is a publicly owned company traded on the NASD OTC Bulletin Board under the symbol SCMS. The Company is a leader in the development and commercialization of industrial computed tomography (CT) systems. With a worldwide customer base and industry leading partners such as General Electric and General Motors, SMS is focused on expanding the applications of CT to a variety of industrial markets. SOURCE Scientific Measurement Systems