Microphonics Incorporated Enters Into Agreement With Interro Systems Inc.Business Editors & Technology Writers NASHVILLE, Tenn.--(BUSINESS WIRE)--May 23, 2002 Interro Systems, Inc. announces the introduction of PDAUSS, the first Ultrasound based vehicle diagnostic system in the market Microphonics Incorporated, (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 : MRPS MRPS Mansfield Reformatory Preservation Society (Ohio, USA) MRPS Midwest Railway Preservation Society MRPS Multi-Ring Phone Service (Telus Mobility cell phone feature) ), www.microphonics.com, the global leader in ultrasound diagnostic equipment, announced today that it has entered into a distribution agreement with Interro Systems, Inc., Sunnyvale, CA, www.Interro.com, to become distributors of the Microphonics product line to the Automotive Aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. . Interro Systems designs, manufactures and sells a line of market leading hand-held diagnostic equipment for the automotive technician and shop owners throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe. Interro Systems sales and marketing efforts are conducted by company sales representatives and their support staff as well as multiple channels of distribution, which includes Matco Tools, Cornwell Tools, and CarQuest Auto Parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
Microphonics will also be instrumental in the design of additional products and accessories to be used in conjunction with Interro's current PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). product line. Interro Systems is now offering a revolutionary and unique accessory to Interro's PDA line of diagnostic tools - the PDAUSS2000. This accessory, using ultrasonic ultrasonic /ul·tra·son·ic/ (-son´ik) beyond the upper limit of perception by the human ear; relating to sound waves having a frequency of more than 20,000 Hz. ul·tra·son·ic adj. 1. methods, may be used to detect leaks, mechanical malfunctions as well as electrical problems, non-intrusively in vehicles. Applications of this unique diagnostic system are very wide: -- Leak Detection: Cooling Systems, Fuel Systems, Rubber Seals, Exhaust Systems, Hydraulic Systems, Vacuum Systems, Hoses -- Mechanical: Motors/Pumps, Valves, Fuel Injectors, Shafts, Bearings, Compressors, Gears, Gaskets -- Electrical: Control Panels, Cables, Harnesses, Relays, Stepper Motors, Injectors, High Voltage Systems Interro Systems designs manufactures and sells a line of hand-held diagnostic equipment for the automotive technician and shop. These include the PDA2050 4-channel lab scope, PDA2050A ignition scope, PDA2095 ignition analyzer and the PDA2100A engine analyzer. All of these tools compete with the `Big Box" systems in functionality, but at 1/3 to 1/5 the cost of them. The entire line is expandable from one model to the next through hardware and software additions, eliminating obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. . "We are very excited about this new relationship with Interro Systems," said Terry Mimms, V.P. of Microphonics. "Interro Systems is recognized for its cutting edge product development in the hand-held diagnostic business along with its strong sales and marketing force." "We welcome and look forward to this partnership," said Jimmy Gayle, 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. . "The power and strength of Interro Systems will help Microphonics reach the next level of sales and revenue growth that our shareholders are expecting. This agreement along with the other programs the Microphonics' team is developing should continue to drive up shareholder value and position this company for a better future." Microphonics is the global leading innovator, manufacturer and distributor of unparalleled performance products in Ultrasound instruments, that serve the industrial, manufacturing, governmental, agricultural, automotive, professional racing, and medical markets. Products are sold through company-direct sales and distributor channels worldwide. |
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