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Non-Tech : Simula (SMU) -- Ignore unavailable to you. Want to Upgrade?


To: Noblesse Oblige who wrote (1246)7/31/1998 11:55:00 AM
From: Jaime H. Ayalde  Respond to of 1671
 
Have "safe" trip.

Investing in human safety, the essence of -a being, the human brain will be rewarded. Just a matter of time.

I wonder if SMU's publicity PR machine will get itself mentioned in the AZ Republic. Nothing today.

Have a great weekend y'all.

Jaime

<TECH NOTES>

Good bid offers.
Still low volume on the opening, nice bulge at the close.

Market profile is not bell curved but big skew up. Trade is being facilitated UP. More volume at the sale side, which is UP.

Tested gap at 14.125 and rapidly rejected, Very low TPO at the lows.

Breaking of the 17.375 now would create a BUY hook.

Watch for possible Weekly outside reversal.



To: Noblesse Oblige who wrote (1246)7/31/1998 12:03:00 PM
From: greentree  Read Replies (1) | Respond to of 1671
 


From the newsire today:

SIMULA CONGRATULATES NHTSA ON NEW HEAD PROTECTION RULE
Each Year New Rule May Save up to 1,200 Lives, Prevent up to 975 Serious Head Injuries
and Provide an Economic Benefit of $900 Million

PHOENIX, Arizona - July 31, 1998 - Simula Inc. (NYSE: SMU), congratulates the National Highway Traffic Safety Administration (NHTSA) on the approval of changes to the 1995 Federal Motor Vehicle Safety Standard 201 (FMVSS 201). These changes permit automakers to install dynamically deploying (inflatable restraint-type) interior head protection systems that will provide additional safety in side-impact collisions, as opposed to the previous regulation which required the use of padding above the door of vehicles.

The 1995 head protection standard was hailed as the most significant new safety rule in a decade. NHTSA estimated, at that time, that each year the rule would save up to 1,200 lives, prevent up to 975 serious head injuries and provide an annual economic benefit of $900 million. Since 1992, Simula has been proactive in pushing the limits of automotive occupant safety, leading to the development of the Inflatable Tubular Structure (ITS).

Simula's ITS is the world's first inflatable restraint system designed to protect the head and neck in the event of a side-impact or rollover collision, and the first to meet the newly adopted head protection safety standard. In 1997, BMW became the first automobile manufacturer to offer head protection in side-impact crashes with the BMW Head Protection System (HPS). At the heart of the BMW HPS is Simula's ITS. The ITS has been available in selected BMW automobiles for the past year, and is now in all new BMW sedans. The ITS system is competitively priced with the cost of padding above the doors of new vehicles, thereby making the ITS a cost-effective, and technologically superior safety solution.
-more-
"If NHTSA hadn't changed the requirement of FMVSS 201, manufacturers would have been forced to replace these advanced systems with less effective padding," stated Brian O'Neill of the Insurance Institute for Highway Safety.

US Secretary of Transportation Rodney E. Slater stated yesterday," Three years ago when we announced the new head injury rule, little did we realize it would inspire such an acceleration of innovative technology. You came to us and said, `we can make it even better.' We responded by revising the rule and today's amendment enables new car manufacturers to bring lifesaving technology quickly to motorists -- saving lives and preventing injuries. This new `Head Protection System' provides even greater protection from head injury in the unfortunate event of a side impact crash." These words are supported by the fact that in only one year after being introduced by BMW, the ITS system has already been credited with saving a number of lives in real world side-impact and rollover collisions.

"Simula is very pleased with the new enhancements to rule 201, and that our ITS system actually has been meeting this newly adopted head-protection standard, as well as protecting occupants in side-impact and rollover crashes for more than one year," said Simula President Don Townsend. "We take pride in the fact that our leading-edge safety technologies have been well received by both regulators and the automotive community. As we grow our company, we will continue to focus on supplying innovative safety solutions to high-growth areas like the automotive and aviation markets. We believe these markets have great potential for our safety advances, and will continue to be growth markets for us as we continue to reinvent the technology of safety," said Townsend.

Simula, Inc., based in Phoenix, Arizona, USA, is an acknowledged world leader in transportation safety and energy absorption technology. Its principal product lines are protective systems including inflatable restraints, airbags, ballistic armor, high technology energy absorbing aircraft seating systems and rail and mass transit seating systems. Additional information about the company is located on the Internet at simula.com.

###



To: Noblesse Oblige who wrote (1246)8/4/1998 2:21:00 PM
From: Noblesse Oblige  Read Replies (1) | Respond to of 1671
 
To the "thread,"

Simula will release its second quarter numbers on Wednesday, August 5th, following the close of the market.

A conference call will be held at 4:45 PM (eastern time) on the same day.

To reach the call, you can contact:

212-346-0163
Confirm Number # 4606914

Parenthetically, I am amazed that SMU is still forcing shareholders to expend their own "nickel" to listen to an explanation of corporate developments.

Oh well....if only it meant another penny a share. <G>

Have a good day everyone.