Why change garage door opener's? Your right most people will not change although it improves workable distenc from 50 ft. to 100 ft. The major point is a Blue chip is learning about there technology. ......press release .... ITGK...has military liscense for the antenna..... NAVY to fund there research and thus backs there technology..... .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... ......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
NEWS RELEASE...
(OTC BB) SYMBOL - "ITKG"
CUSIP # 45810J-10-3
For Immediate Release
August 05, 1997
U.S. DEFENSE DEPARTMENT TO FUND
DEVELOPMENT OF ANTENNA
INTEGRAL TECHNOLOGIES, INC. (ITI),
(NASD.OTC.BB:ITKG), today announces that the Combatant Craft
Department (CCD), Special Projects division of the Naval Surface Warfare
Center Det. Norfolk, a division of the U.S. Defense Department located in
Suffolk VA, has committed funding to the development of a high frequency
(HF) and a Very High Frequency (VHF) Contrawound Toroidal Helical
Antenna (CTHA). The development from a prototype developed by West
Virginia University (WVU) will be completed in conjunction with Emergent
Technologies Corp. (ETC), a 76% subsidiary of Integral Technologies, Inc.
The development contract has been secured by ETC and WVU will assist in
the development of the CTHA for the two applications.
Prototypes of both the HF and VHF CTHAs have successfully undergone
exhaustive testing by the CCD. Dr. James Smith, Director of the Center for
Industrial Research Applications at WVU, and co-inventor of the CTHA
says "From an academic perspective, testing by WVU, ETC and the CCD
has more than borne out our expectations for the CTHA. Ranked as a
Research 1 University, WVU will continue to provide support in the
development of the antenna". As the patent holder, West Virginia University
owns all proprietary rights to both the HF and the VHF CTHAs. Through its
subsidiary Emergent Technologies Corp., Integral Technologies, Inc. holds
an exclusive license from the University on all military applications of the
CTHA, subject to a net profits royalty.
The CCD anticipates that development of the HF and VHF CTHAs will
commence at the beginning of its next government fiscal year, in the late fall
of 1997, and be completed in the second quarter. The CCD plans to
develop the CTHAs initially for use in Amphibious Armored Assault
Vehicles (AAAV) and combatant craft, with a longer-term view towards
other applications.
According to Jack Parsons, President of Emergent Technologies, "We
expect the CCD's funding commitment to develop the CTHA for these two
applications to provide further validation of the technology and ultimately
lead to multiple installations of the CTHA within the US Department of
Defense."
The CCD further confirmed that both the HF and VHF CTHAs have been
selected for award of the development contract, and that it anticipates that
manufacturing contracts will be awarded to Emergent Technologies Corp.
Integral Technologies, Inc. also holds licenses from West Virginia University
on three other technologies: (a) Colorvision Technology- software
technology allowing for color to be finitely identified in a three dimensional
realm; (b) Secure Document Authentication Technology- utilizing the two
dimensional Colorvision technology this provides for the identification of
counterfeit currency, checks, and other secure documents such as passports,
drivers' licenses etc.; and (c) Plasma Ignition System- a revolutionary spark
ignition system which will burn a significantly higher percentage of fuel in the
combustion chamber resulting in much higher fuel efficiency and a dramatic
reduction of emissions. Commercial applications have been identified for
these technologies and Integral is engaged in continuing negotiations with
potential users from Fortune 500 companies, for prototype development.
For more detailed information on the company and the technologies
described above please visit our web site at www.itechfin.com or contact
Michael Pound, Shareholder Relations at 1-888-666-8833.
COPYRIGHTc 1997
By Tarantula .
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