Sheldahl Receives Patent for SmartHORN
19 November 1998
Sheldahl Receives Patent for SmartHORNNew Hornswitch Ensures Vehicle Horn Reliability, Ease of Actuation and Assembly; $40 - $50 Million Annual Served Market NORTHFIELD, Minn., Nov. 19 -- Sheldahl, Inc. , today announced that it had received a patent from the United States Patent and Trademark Office for its automotive SmartHORN(R) hornswitch technology. Vehicle horns -- even within the same model family -- vary dramatically in reliability and in the amount of force required for actuation. The SmartHORN has been designed to eliminate these problems. The Company's solution can be incorporated into any horn design and easily adjusted for the proper actuation force, in contrast with existing mechanical horn technology with its widely fluctuating actuation force requirements and myriad design versions. Sheldahl said that customers are in the process of designing the new technology into their 2001 year models, with production to begin in mid-calendar year 2000. The Company estimates that the total served market for its new hornswitch technology is $40 to $50 million annually. Said Edward L. Lundstrom, Sheldahl, Inc., President, "This patent enhances Sheldahl's position as a leader in the design and development of interconnect products for the automotive market. The unique SmartHORN technology reflects Sheldahl's strengths in product development, high-technology materials manufacturing, high-volume flexible circuit fabrication, and component assembly." The SmartHORN is mounted on the steering wheel in front of the airbag. It has been designed to solve such automotive design challenges as: -- Design freedom -- SmartHORN operates reliably in complex curves and provides electronic "tuning" capability that eliminates many multiple design iterations. -- Switching reliability and consistency -- SmartHORN activates the horn electronically, not mechanically, providing a significant increase in reliability and actuation force consistency in all environmental conditions. -- Assembly issues -- SmartHORN's intelligent electronics automatically compensate for variations in the assembly of the steering wheel, such as molded part tolerance and airbag pack variance. Sheldahl is a leading producer of high-density substrates, high-quality flexible printed circuitry, and flexible laminates, primarily for sale to the automotive electronics and datacommunications markets. The Company, which is headquartered in Northfield, Minn., has operations in Northfield; Longmont, Colo.; Detroit, Mich.; South Dakota; Toronto, Ontario, Canada; Chihuahua Chih., Mexico; and sales offices in Hong Kong, China, and Mainz, Germany. Sheldahl's common stock trades on the Nasdaq National Market tier of the Nasdaq Stock Market under the symbol: SHEL. Sheldahl news and information can be found on the World Wide Web at http://www.sheldahl.com Statements contained here, other than historical data, may be forward-looking and subject to risks and uncertainties including, but not limited to, those set forth in the Company's annual report, 10K, 10Q, and other SEC filings.