NTI Newmerical Inc. Has a Good Q1 and Is in the News in the USA
01 Juni 2009 - 2:00PM
Marketwired
Newmerical Technologies International (NTI) (TSX VENTURE: CFD) is
pleased to announce that after an excellent performance in 2008 it
has been able to secure important sales in Q1'09 despite the global
economic crisis.
Contributing to this success in the aerospace market is the
renewed confidence in its in-flight icing simulation system
(www.newmerical.com) from Eurocopter (France), GE Global Research
(USA), Mitsubishi Heavy Industries (Japan) and Williams
International (USA) that have acquired a new license or updated
their current maintenance. More renewals are expected in the second
quarter from several other major companies and institutions in
Canada, USA and Europe. NTI is also pleased to announce Piaggio
(Italy) as a new customer, as well as the Agency for Defense
Development in cooperation with Gyeonsang National University
(South Korea). A significant contract has been signed and will
start in Q2 with a Chinese commercial aerospace entity that prefers
anonymity.
Besides continuing success with established aerospace
corporations, it is clear that NTI's product have become the choice
of all companies starting from a clean sheet aircraft or engine,
unencumbered by legacy technology. Particularly, the Far East now
contributes to NTI's success with China, Japan, India and Korea
standardizing on NTI technology.
NTI organized its 2009 Icing Course 2009 at the University of
Nevada Las Vegas, with participants from USA, U.K., India and
Korea. As significant is the increasing attendance by FAA personnel
(2) desirous to familiarize themselves with this now widely adopted
new technology.
In the wind-engineering arena, Newmerical Technologies USA
General Manager, Dr. Dennis Torok, based in Minneapolis, has been
constantly in the news lately as he has been solicited to speak on
the possible causes of the significant increase in home runs being
hit in the "new" Yankee Stadium. His interviews
(cwe.newmerical.com) have been in New York Magazine, Newsday,
Minneapolis Star and Tribune, Kansas City Star and on National
Public Radio "Science Friday". He will also be interviewed for an
article to appear in USA Today on Tuesday June 2nd. Dennis is a
world-class wind engineering expert, and an avid baseball fan.
These interviews have attracted the attention of specialists and
the general public to the merits and superiority of wind studies
carried out by computer simulation, in which NTI is a world leader.
The increased visibility of NTI in this area may be of interest to
teams considering new baseball stadiums or wanting to correct
existing anomalous situations.
Contacts: NTI Newmerical Inc. Mr. Martin Aube Vice President,
Operations 514-398-2671 martin.aube@newmerical.com NTI Newmerical
Inc. Dr. Dennis Torok General Manager USA 612-374-3495
dennis.torok@newmerical.com
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