ElectriPlast: Signs Licensing Agreement with ESL.
Integral
Signs
with
UK Firm
By © 2006 BusinessWire
January 09, 2007 01:00 PM ET
Integral Technologies Licenses ElectriPlast™ to Esprit Solutions Limited
Bellingham, WA-Integral Technologies, Inc. ("ITKG-OTC:BB") ("Integral"), announces that Esprit Solutions Limited of the United Kingdom, ("Esprit") (www.espritsolutions.info) has signed a licensing agreement with Integral to use the Company's proprietary ElectriPlast™ technology for the Aerospace/Defense market within their customer base.
Esprit Solutions Limited specializes in high performance protective systems within the Aerospace and Defense market. Integral Technologies' ElectriPlast™ is a breakthrough technology. By fusing plastic and metal in a way no one dreamed possible, ElectriPlast™ combines the conductivity of metal with the lightness and malleability of plastic.
"Esprit's technical expertise allows them to excel in matching customer needs with innovative product solutions," states Integral Technologies' CEO William Robinson. "Companies in various industries, that have licensed our ElectriPlast™ technology, really understand the design freedom that comes from this disruptive technology. Esprit Solutions' customer base is second to none within the Aerospace Industry."
Esprit Solutions Managing Director Sylvain Galmont-Kerr, commenting on the license said,
"We at Esprit see ElectriPlast™ as a facilitating technology, allowing us to develop creative solutions for the needs of our customers in the
Aerospace/Defense market. Esprit represents some of the leading brands of sleeving products, mechanical protection, thermal and fire protection, wrap-around EMI protection and wire harness accessories."
ElectriPlast™, the world's first highly conductive polymer, was recently has been selected as a recipient of a Consumer Electronic Show's Innovations 2007 Design and Engineering Award in the Enabling Technologies product category.
Integral Technologies continues to work with numerous companies, which are exploring over 111 patented and patent pending identified applications of the Company's ElectriPlast™ technology.
Integral Technologies Integral Technologies, Inc. (www.itkg.net) is the developer of an innovative electrically conductive resin-based material called "ElectriPlast™," a highly conductive recipe that can be molded into virtually any shape or dimension associated with the range of plastics, rubbers and other polymers. Our IP consists of ElectriPlast™ and thousands of different applications pertinent to a wide variety of industries. To date, we have had 21 US patents issued, or allowed and pending issuance, and 90 patents pending on ElectriPlast™ applications. Various examples of industries where ElectriPlast™ can be used are antennas, shielding, lighting, circuitry, switch actuators, resistors, and medical devices, to name just a few. The company is currently introducing these new products and ElectriPlast™ technology on a global scale.
This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, and (3) other factors detailed in the company's public filings with the SEC. By making these forward-looking statements, the Company can give no assurances that the transaction described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more detailed information on the company and the technologies described above please visit our web site at www.itkg.net or contact Shareholder Relations at 888-666-8833 or The Investor Relations Group, at 212-825-3210. To review the company’s filings with the SEC, please go to www.sec.gov .
posted by PK... | 1/09/2007 07:50:00 PM
3 Comments:
Can you tell me what the annual sales revenue of ESL is? I haved tried to research this and cannot find this information. Also, are the the manufacturer of the protective shielding or do they represent or act as a consultant for the companies that make this part?
Is it possible a company such as "Research in motion" of 'blackberry' fame could be very much interested in 'Plastenna' to increase their competitiveness?I would anticipate so due to the recent announcement of the iphone launch.Might all the present cell phone makers be under the gun to better their product? Thank you for your comments.
Two great questions ~
Sorry for the delay in answering the first, I got caught up in real life for a bit.
The revenue's of ESL is a difficult nut to crack. There is limited information available, but not the specifics you are requesting. Being a UK Ltd, the disclosure of their financing is, by far, different than what you would expect for a US company.
Suffice it to note, the information available will be shared shortly, but rather than run with half a fact, I'll hold off for a bit until I can see if more insight on that front can be collected.
As for the second question regarding RIM and other "like" companies interest in the PlasTenna, or any ElectriPlast aspect towards their product lines.
Here it is. In response to an email from a EB Reader many months ago, now posted on the ElectriPlast Q&A Blog, I informed that questioner that the chances were unlikely that there was a connection between ElectriPlast and the newly introduced iPhone.
They would have been a great fit, but for whatever the reasons, these two companies never made formal introductions, and the iPhone was well on its way into development before ElectriPlast began its active marketing campaign--and became a stable enough entity, with a solid standing supply-chain supporting it, to host notions of doing business on this large a scale.
With MOT, there was a different story regarding such a fit. Though MOT contracts out many aspects of its product manufacturing and production, they also own large interests in both aspects and are established enough to be able to take raw materials offered (like ElectriPlast from sources like Integral Technologies) and supply and produce their own product.
With the iPhone, the story is different. Apple is not specifically in the manufacturing business, nor did they buy a manufacturer in order to begin making their innovative iPhones.
Back to your question -- or rather to the answer:
The iPhone has raised the bar on consumer’s expectations for what their personal communication product should be able to do, what it should look like, and how it should perform.
In a small package, the iPhone literally replaces the need for: PDAs; digital cameras; MP3 players; the Gameboy; the old school Filofax/calendar; GPS Tracker; WiFi/WiMAX Internet browser; and of course phone -- heck, with the Bluetooth enhancements you can even add walkie-talkie to that mix.
Replacing all of these personal communication/information platforms, and a TV remote control added for kicks, the iPhone has indeed raised the standard by more than a couple of notches.
Many companies with products on the market will see their sales sag and fade to dust unless they look for a technology edge with which to compete.
Can ElectriPlast be part of that edge -- Oh Yeah!
What many don't realize is that plastic technology is on the verge of an explosion. Computer chips, made out of plastic vice silicon, are being developed. Instead of the clunky (yes, one day your LCD computer monitor will be referred to as clunky--much like the monitor it probably replaced) computer monitor before you now, one day you could see a frame with a thin sheet of plastic, loaded with high defination characteristics. replacing it. Heck, Tom Aisenbrey has even test bedded ElectriPlast based semiconductors.
In short, yes the iPhone is a marvel, and were it that ElectriPlast involved with its initial development, as investors, your and my fortunes in this small company would be set. But that does not say it never will happen in the future, nor does it say that this is the end of the story.
ElectriPlast brings innovative technology to the table, and because of the emergence of the iPhone, that is what various companies, such as RIM, will soon look for in an effort to compete.
So, after the long (almost EB Blogworthy) spiel, the short answer to your question is, Oh Yeah!
All in the communications industry are now under the gun to come forth with better products.
With the introduction of Apple's iPhone, the MOT recently introduced Razer series has become about as passé as the dated radio telephone featured on the old "Mannix" detective show.
Hope that was of help,
PK sends...
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