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News Release
SOLIGEN AND CENTRE DE TRANSFERT DE TECHNOLOGIE DU MANS ANNOUNCE THE FIRST DSPC CENTER IN EUROPE
Northridge, CA, October 8, 1996 -- Soligen Technologies, Inc. (AMEX:SGT.EC), and the Centre De Transfert De Technologie Du Mans (CTTM) today announced an agreement has been made to launch the first Direct Shell Production casting(DSPC) center in Europe in Le Mans, France. Soligen's DSPC technology produces ceramic molds for metal casting directly form a Computer-Aided Design (CAD) file. CTTM, an organization that specializes in commercializing new manufacturing technologies in France, expects to install Soligen's DSPC machine during the fourth quarter of 1996.
"In the first year, the new DSPC center will be operated in a semi-commercial mode serving our corporate sponsors Renault, Peugeot, Snecma, Aerospatiale, Dassault and Thomson Electricite," said Jean Claude Tasse, Manager of Productique Department at CTTM. "Once we have proven to our corporate sponsors that we will be able to produce functional metal castings in a variety of alloys and applications in days, CTTM will gradually start marketing the unique capabilities of the DSPC technology in France."
"CTTM has a long and positive history with introducing new technologies in Europe," said Yehoram Uziel, Soligen's President and CEO. Launching the first DSPC center with CTTM will give us a valuable opportunity to learn how to build sound working relationships in the European community with leading automotive, aerospace and high-tech companies. This is an important step toward establishing our European network."
When the technology transfer period is completed the parties involved plan to upgrade the DSPC center from a testing site to a Parts Now center, which is a full manufacturing center. This would require the addition of conventional casting and Computerized Numerical Control (CNC) capabilities along with more DSPC machines.
Soligen's DSPC® technology is a proprietary fabrication process for metal parts that produces ceramic molds for metal casting directly from a CAD file. By this method, Soligen is able to produce a first article metal part that bypasses the traditional need for tooling.
Additionally, Soligen's Parts Now produces production tooling for larger runs of metal castings from the same CAD file as the approved part. Soligen has combined its DSPC technology with conventional casting methods and Computerized Numerical Control (CNC) machine practices. By combining these three production elements, the Company has created the first 'one-stop-shop' for functional metal parts that are made directly from a CAD file and that are ready for assembly. This service, known as Soligen's Parts Now® program has become a single source for out-sourcing of metal parts.
Contact: | Yehoram Uziel, Soligen Technologies, Inc. | (818) 718-1221 |
Donna Shattuck | (818) 718-1221 |