AIRBAG DEVELOPMENT PROGRAM UPDATE.TORRANCE, Calif.--(BUSINESS WIRE)--July 3, 1996--Hi-Shear Technology Corporation (AMEX AMEX See: American Stock Exchange :HSR HSR homogeneously staining regions. ) today announced that it has filed an application for a U.S. Patent of a unique airbag inflator in·flate v. in·flat·ed, in·flat·ing, in·flates v.tr. 1. To fill (something) with air or gas so as to make it swell. 2. a. design related to its liquid technology. The Company has been developing and expanding its liquid airbag inflator technology since November 1994. The patent application was filed to protect additional distinct designs of the Company's liquid powered airbag inflator systems. The liquid propellant Any liquid combustible fed to the combustion chamber of a rocket engine. and the gases it produces when ignited ig·nite v. ig·nit·ed, ig·nit·ing, ig·nites v.tr. 1. a. To cause to burn. b. To set fire to. 2. To subject to great heat, especially to make luminous by heat. are non-toxic and low cost. "Our designs address automobile company demands for performance, cleanliness Cleanliness See also Orderliness. Cleverness (See CUNNING.) Berchta unkempt herself, demands cleanliness from others, especially children. [Ger. Folklore: Leach, 137] cat continually “washes” itself. , and a lower cost inflation system," said Thomas R. Mooney, President and Chairman. "We are pleased that since the Company filed its initial patent, the airbag industry appears to have finally accepted liquid fuels for the future generation of airbag systems." The Company's airbag inflator program continues to add additional liquid based designs to address a rapidly expanding airbag market. The Company plans to team with an automotive airbag system manufacturer so that its liquid technology can be fully utilized in the airbag market worldwide. Hi-Shear Technology designs, develops, manufactures and markets a range of products used by the aerospace and defense industries. The Company is continuing to adapt its technology to produce advanced, competitively priced products for the commercial markets such as emergency rescue equipment, inflator assemblies for automotive airbag systems and high security locks. CONTACT: Hi-Shear Technology Corp., Torrance Linda A. Nespole, 310/784-7881 |
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