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Victor, NY - July 31, 2008 -
New Scale Technologies, Inc. today announced that it has licensed
its patented SQUIGGLE motor technology to Tokyo-based Alps Electric
Company, Ltd. (www.alps.com), a $6 billion global manufacturer of
electromechanical components for mobile devices, consumer
electronics and automotive systems.
This agreement dramatically expands New Scale's ability to penetrate
new, high-volume markets for its innovative piezoelectric SQUIGGLE
motor. It is New Scale's second major manufacturing license
agreement for the motor, following its
expanded agreement with Tamron Co. Ltd. earlier this year.
"That global companies such as Alps and Tamron are eager to license
our SQUIGGLE motor technology demonstrates the engineering
community's excitement over our invention and validates the huge
potential market for millions of tiny motors per month," said New
Scale co-CEO and chief technology officer David Henderson. "The
strength of our invention allows us to leverage the manufacturing,
sales and business development engines of some of the world's
leading electromechanical component suppliers."
The manufacturing license allows Alps to manufacture New Scale's 1.8
x 1.8 x 6 mm piezoelectric SQUIGGLE motor design. Alps will target
high-volume applications such as lens control in Blu-ray Disc
recorders and valve control in micro-cooling systems for consumer
electronics devices such as laptop computers. Alps, which provides
more than 40,000 different components to around 2,000 companies all
over the world, has introduced the SQUIGGLE motors as its "ATSA
Series miniature piezoelectric actuator" to its extensive base of
customers and prospects.
"Alps has an extremely strong position as an electronics component
supplier, with particular depth and breadth in consumer electronics
and automotive systems," said Ted Franceschi, co-CEO and chief
development officer at New Scale. "Alps sensors, switches,
connectors and other components are found in a vast range of mobile
devices, entertainment systems, computers, appliances and automotive
systems we use every day. We expect Alps to leverage their existing
relationships to introduce SQUIGGLE motors to designers of these
products, create high demand for SQUIGGLE motors, and fulfill that
demand from manufacturing facilities close to their customers."
Alps will manufacture the SQUIGGLE motors in its facility in Kakuda
City, Japan. New Scale will continue to design and manufacture
SQUIGGLE motors at its Victor, NY headquarters and technology center
for applications including research, robotics, micro-fluidic pumps,
electronic locks and medical devices.
Alps Electric Co. Ltd. is traded on the Tokyo Stock Exchange.
About New Scale Technologies
New Scale Technologies (www.newscaletech.com) designs and manufactures
miniature motion systems for precise movement of optics in imaging applications.
Our simple and elegant products deliver best-in-class performance in consumer
imaging, biometric authentication, surveillance, medical and machine vision
markets. With more than a decade of motion systems innovation, we integrate
piezoelectric micro motors, miniature drive control electronics and precise
mechanical systems. Our customers benefit from complete solutions for rapid
commercialization of their next generation products.
SQUIGGLE is a registered trademark, and TRACKER, New Scale Pathway and UTAF are trademarks of New Scale Technologies, Inc.
Please note: Press releases are current as published, but are not updated
after posting. Refer to our product pages for current product information including
specifications.
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