Motorsports Division Formed by MTS Systems Corporation
25 June 1998
Motorsports Division Formed by MTS Systems CorporationEDEN PRAIRIE, Minn., June 24 -- MTS Systems Corporation today reported that it had formed a new division, MTS Motorsports, to serve the car racing industry. The new division's mission is to supply advanced simulation-test systems and services specifically designed for the requirements of car racing, including Indy CART, NASCAR, and Formula 1. David Meier and Roger Sparrow have been named managers for the new division. "For several years MTS has been supplying the motorsports community with modified versions of simulation-test systems previously sold to the worldwide passenger car industry," said Sparrow. "But more recently our motorsports customers have been asking for entirely new approaches to help them design faster cars. A good example is the need for 150 plus miles per hour aerodynamic simulation and force measurement on a laboratory roadway system," he continued. "Simulation-testing for aerodynamic effects at these speeds is a requirement which doesn't exist for passenger cars. We concluded that the motorsports industry deserves a special focus within MTS." "Our customers are the racing teams themselves, chassis and powertrain systems suppliers and individual component manufacturers whose products are critical to performance -- such as suspension and tires," Meier said. "We've recently received contracts for simulation-testing systems for high frequency shock absorbers and full car "7-poster" suspension systems incorporating new technology. We also are developing one quarter car systems with a spinning tire incorporating MTS' patented Flat-Trac(TM) roadway using steel belts for higher speeds. We believe that much of the technology we develop for these customers will ultimately be used for passenger car testing as well," Meier added. This release contains forward-looking statements based on management's best judgment and current expectations. Actual results could differ based on many factors, including the company's competitive performance and changes in market conditions. MTS Systems Corporation manufactures computer-based testing and simulation systems for determining the mechanical behavior of materials, products, and structures, and measurement and control instrumentation products for the automation of manufacturing processes. Additional information on MTS can be found at http://www.mts.com