Well folks, coupled with this press release and a few more to follow in the near future we may become more active.
Good investing, Earl
Thursday May 28, 4:00 pm Eastern Time
Company Press Release
SOURCE: Integral Technologies, Inc.
Emergent Technologies and Northrop Grumman to Jointly Develop Advanced Antenna Systems
VANCOUVER, British Columbia, May 28 /PRNewswire/ -- Emergent Technologies Corporation, a subsidiary of Integral Technologies, Inc. (OTC Bulletin Board: ITKG - news) and Northrop Grumman Corporation [NYSE:NOC - news] have announced that they have entered into a Memorandum of Understanding (MOU) to jointly develop and manufacture advanced communications antenna systems for Department of Defense customers.
Emergent will provide for the design, development, and production of its Contrawound Toroidal Helical Antenna (CTHA) antenna. Northrop Grumman, through its Electronic Sensors and Systems Division in Linthicum, Maryland, will provide the matching networks, physical integration, and assembly and packing of the final units.
Integral president Mark Williams said, ''We are enthusiastic about the MOU with Northrop Grumman. This is an important, positive step in moving the CTHA technology out of the lab and into the market. Antenna like the CTHA require agile matching networks and Northrop Grumman is one of the world's best developers of matching networks for radio systems.''
According to Mike Fitelson, manager of Special Technologies for Northrop Grumman's Systems Development and Technology unit, ''The result of this combination will lead to new RF solutions for our Department of Defense customers.''
Northrop Grumman Corporation, headquartered in Los Angeles, is a leading designer, systems integrator and manufacturer of military surveillance and combat aircraft, defense electronics and systems, airspace management systems, information systems, marine systems, precision weapons, space systems and commercial and military aerostructures.
Integral Technologies, through its subsidiary Emergent Technologies Corp., develops and manufactures application-specific antenna designs for mobile wireless communications systems using the new, patented CTHA technology. Integral is also involved in 2D/3D machine vision and rf-generated plasma technologies.
For more detailed information on the company and the technologies described above please visit the Company's web site at www.itechfin.com.
SOURCE: Integral Technologies, Inc.
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More Quotes
and News: Integral Technolgies Inc (OTC BB:ITKG - news)
Northrop Grumman Corp (NYSE:NOC - news)
Related News Categories: aerospace/defense, computers
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