Dewhurst, Duraswitch Licensee, Earns European Lift Industry Award for "Best Product of the Year 2002".Business Editors PHOENIX--(BUSINESS WIRE)--Sept. 26, 2002 Duraswitch (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : DSWT DSWT David Sheldrick Wildlife Trust (Nairobi, Kenya) ) licensee, United Kingdom-based Dewhurst plc, was awarded the British Lift Industry Awards' (BLIA BLIA Buddha's Light International Association (California) BLIA Bottom Line Innovation Associates, Inc. (Annapolis, MD) ) "Best Product of the Year, 2002" award in the under (pound)500 category for its Compact 2 Micro, which incorporates Duraswitch's PushGate(TM) pushbutton push·but·ton n. also push button A small button that activates an electric circuit when pushed. adj. also push-but·ton Equipped with or operated by a pushbutton. technology. The Compact 2 Micro, introduced earlier this year, provides many advantages over competing solutions including: micro-movement; crisp, consistent tactile feel; environmental sealability; and excellent durability and reliability. "The BLIA Best Product of the Year is a great honor, and Dewhurst is proud to be this year's recipient," commented David Dewhurst David Dewhurst (born 1945) is the Republican Lieutenant Governor of Texas. Personal life Dewhurst is a veteran, a businessman, a rancher, and a community leader in Houston, where he has served on civic and charitable boards. , managing director, marketing and sales for Dewhurst. "The Compact 2 Micro is a revolutionary switch with industry-leading performance characteristics, and we are pleased to be introducing this unique solution to the lift industry." "Duraswitch congratulates Dewhurst on this extraordinary achievement and recognition," said Bob Brilon, Duraswitch CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president. "Receiving this award speaks to their modern approach at elevator control design and function." Dewhurst became a licensee in November 2000 and adopted the PushGate technology to create a shallow switch -- less than 20 mm, about half of its previous electro-mechanical switch's thickness -- which is ideal for surface-mount landing and car stations. Dewhurst's Compact 2 Micro also features an extensive and flexible range of connector options, which allows it to easily interchange with most other products on the market. "Duraswitch's PushGate is an essential element of the Compact 2 Micro's design. We were originally attracted to the technology because we could create a slim button that has no parts that wear or fatigue over time, giving it an extremely long operating life," continued Dewhurst. "As we began working with it, we learned that we could maintain our signature pressel using the PushGate as the actuator, meaning that we could keep a unique aspect of our elevator controls that our customers had come to admire." "PushGate is a viable and cost-effective solution for manufacturers in the elevator control industry as it reduces the size and complexity of switch control panels," commented Tim Kuhn, Duraswitch vice president, business development. "Our PushGate solution addresses the trend in designing and manufacturing elevator control panels, moving from high-current, bulky mechanical switches to low-current, thin electronic technology." The Fixture Co., a subsidiary of Dewhurst plc, will attend the 2002 National Association of Elevator Contractors' (NAEC See Novell certification. ) World Elevator Expo II, Oct. 1-3 in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. (Booth #900). The only major U.S. elevator and people mover people mover n. A means of mass transit, such as a moving sidewalk or a monorail, used to transport people, usually along a fixed route. people mover Noun Brit, Austral & NZ same as industry show scheduled for 2002, this event is expected to attract an audience of over 6000. The Fixture Co. is based in Wheeling, Ill., and manufactures a wide range of standard, modified and custom signal fixtures for contractors and OEMs. About Dewhurst Dewhurst plc is a leading independent supplier of control systems and components to international markets with products focused on: the lift industry, rail transportation, keypad technology, and automated banking and retailing machines. Started in 1919, Dewhurst is based in the U.K. with subsidiaries in Australia, Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . More information about Dewhurst is available at www.dewhurst.co.uk or by calling +44.0.20.8607.7300. About Duraswitch Duraswitch licenses, engineers, and markets its patented electronic switch technology to switch manufacturers and OEMs worldwide. Visit www.duraswitch.com or call 480/586-3300 for more information. CONTACT: Duraswitch, Phoenix Investor Relations Investor relations The process by which the corporation communicates with its investors. Heather Beshears, 480/586-3357 heather@duraswitch.com or Media Relations Susan Assadi susan@assadi.com Angela Jamison angela@assadi.com 480/860-8792 |
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