Microphonics Clarifies its New Advanced Technology to Lead Industry
NASHVILLE, Tenn.--(BUSINESS WIRE)--Oct. 5, 1999--Microphonics (OTC Bulletin Board: MRPS) (http://www.microphonics.com) on September 13,
1999 announced the availability of a new advanced technology for Ultrasound detection now called the Microphonics Monitoring System. In response to shareholder inquiries, this release further describes the technology and its applications.
This system consists of an ultrasound detector, embedded equipment sensors, and software to quickly and automatically detect problems of crucial components. Preventative maintenance can take place in real time 24 hours a day, 365 days a year.
Jimmy Gayle, CEO of Microphonics, states, "The Microphonics Monitoring System represents a true advance in preventative and predictive maintenance. Microphonics is currently testing this System with three major automotive related companies and in other cases has already installed it on assembly line machinery, robotic manufacturing equipment, turbines, and electromechanical machinery. The uses and new markets for this system are quite staggering."
This new Microphonics Monitoring System has applications in a number of areas: On-site Machinery Monitoring; Remote Data Acquisition; Manufacturing Quality Assurance; Life Cycle Calibration and Predictive Maintenance.
On-site Machinery Monitoring
Using sensors attached or embedded in working machinery, the Microphonics Monitoring System supports establishment of performance baselines and tolerance limits for machinery and its key components, thus enabling the customer to monitor equipment continuously. If measurement for a component exceeds those limits, an audible alarm instantly alerts personnel or the monitoring station of the measurement exception. The equipment can then be repaired quickly during routine maintenance periods before occurrence of a complete and expensive failure. Unplanned downtime and unanticipated failures can virtually be eliminated, saving huge amounts of lost productivity.
Remote Date Acquisition
The same system can acquire real time data which can be viewed and interpreted at a central monitoring station or transmitted via the Internet. An engineering unit at a firm can now monitor all the company's equipment from a central location. A manufacturer can monitor its machinery wherever it is installed in the world. Such information is invaluable for diagnosing trend problem areas and increasing the reliability of newly manufactured equipment.
Manufacturing Quality Assurance
This system can also be used in the manufacturing process itself for testing component specifications against normative criteria or for intercomponent compatibility, thus ensuring that the newly manufactured component or equipment is "right" the first time. This will save a large amount of money usually spent on component redesign or defective finished product.
Life Cycle Calibration and Prediction
The system can evaluate both the "optimum" performance baseline as well the "failed" performance baseline. Referencing these baselines, the embedded sensors or a "smart" tool can continuously monitor where that equipment is in its life cycle. Such knowledge not only allows predictive maintenance, but also is a better method for calibrating the useful life of equipment in real time as opposed to average guesses currently employed for the overhaul or retirement of machinery or components.
Microphonics is a leader in the design and manufacture of ultrasound preventive maintenance detectors, sensors, and software and has successfully installed its devices in dozens of companies in the automotive, oil, electric utility, trucking, and construction machinery industries.
For more information on Microphonics: microphonics.com
Certain matters described herein contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control which could cause actual results to differ materially from our current projections.
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