Sentelligence News
FOR IMMEDIATE RELEASE
Contact:
Wendy James, public relations, Sentelligence, Inc
704/651-8502
April 24, 2006
Sentelligence, Inc. Expands “Strategic Business Relationship Agreement” with Saturn Electronics and Engineering to Develop and Manufacture a Sensor to Detect Urea (Saturn)
Indianapolis, Indiana…Sentelligence, Inc. announces a new Agreement between Sentelligence and Saturn Electronics and Engineering of Auburn Hills, Michigan. The Agreement provides for a strategic and funding relationship in which Saturn will provide engineering and manufacturing support on development of a Urea Sensor. The agreement will increase Saturn’s equity position in Sentelligence.
According to Bill Linden, Sentelligence President and Chief Operation Officer, “SCR (Selective Catalytic Reduction) is an established technology with the potential to meet anticipated global emissions requirements. On-board, real time monitoring of urea based additives using our optical sensor technology is intended to protect the integrity and effectiveness of the SCR Systems in use. Linden states, “Sentelligence and Saturn will develop a urea sensor based upon Sentelligences’ current patent pending intelligent platform technology. It offers the ability to distinguish a variety of common additive fluid contaminants. As such, the sensor provides the necessary condition monitoring along with the potential for extended life when used in a harsh chemical environment.”
Larry Tomczak, Saturn’s Chief Technology Officer, states that “Sentelligence brings an opportunity for Saturn to develop and manufacture new technology that will continue to strengthen Saturn’s presence in commercial and industrial markets worldwide.” Tomczak further stated “This new Agreement will provide both companies with an opportunity to development a urea sensor that will meet the rigorous demands of global SCR systems support – cost effectively.”
About Saturn Electronics and Engineering, Inc.
Saturn Electronics & Engineering, Inc. (Saturn) is a global supplier of engineering and manufacturing services to Original Equipment Manufacturers (OEMs), and TIER 1’s. It offers its customers integrated, cost-effective solutions that are responsive to outsourcing needs and provides a broad range of services, including design and engineering; supply chain management; manufacturing and assembly; testing and qualification; and after-sales support.
Saturn's highly innovative products are designed, engineered and manufactured worldwide for the automotive, computer, and telecommunications industries. Saturn operates manufacturing facilities globally serving the North American, European, and Asian markets
About Sentelligence, Inc
Sentelligence is an industrial design and development company specializing in onboard intelligent sensing systems for industrial and commercial applications. The company’s sensor designs can detect urea concentration, bio-fuels, soot levels in engine oil, water in hydraulic fluid, aging of transmission fluid, and the condition of coolants and fuel. These low-cost systems can replace periodic scheduled maintenance and emergency breakdown practices with condition-based predictive maintenance. Intelligent sensor products address an emerging market with broad military, commercial trucking, and automotive applications. Sentelligence is based in Indianapolis, Indiana. Visit Sentelligence at www.sentelligence.com
Disclaimer Statement
This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of Sentelligence. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward looking statements may be identified by use of such words or phrases "should," "intends," "expects," "will," "continue," "anticipate," "estimated," "projected," "may," "we believe," "future prospects," or similar expressions. Factors that might cause actual results to differ include, but are not limited to, success of any reorganization; ability to raise additional funds; the outcome of any pending legal proceedings filed against the Company; conditions in the general economy and in the markets served by the Company; competitive factors, such as the potential emergence of rival technologies; timely development and market acceptance and warranty performance of new products; fluctuations in foreign currency exchange rates; Forward-looking statements do not include the impact of acquisitions or dispositions of assets, which could affect results in the near term. Sentelligence, Inc. does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this document.
