- OEM agreement adds powerful tool to ActiveMine(TM) system and opens
up surface mining market for ACT
- 3D-P gains access to underground market as agreement provides both
companies with unique competitive advantages
SCOTTSDALE, ARIZONA and TORONTO, May 12 /CNW/ - 3D-P and Active Control
Technology (TSX-V:ACT) today announced an agreement in which ACT will
distribute 3D-P's Intelligent Endpoint(TM) product line to the mining
industry. Intelligent Endpoints, which provide machine diagnostics and key
operating data to mine managers, works seamlessly with ActiveMine(TM), the
premier wireless voice communication and tracking system for mines.
Under the agreement, Active Control gains new revenue streams through
improved access to the surface mining market and the addition of a powerful
offering to help its customers improve productivity and reduce costs. For
3D-P, a leading provider of technology products for the mining industry,
ActiveMine's wireless Wi-Fi data network effectively makes it possible to
offer Intelligent Endpoints to underground mines for the first time, expanding
the company's solutions portfolio.
The agreement, which is based on a Memorandum of Understanding signed by
the two companies in April, authorizes ACT to distribute Intelligent Endpoints
to both underground and surface mines. ACT will also develop intrinsically
safe (IS) versions of the system and seek approvals from the US Mine Safety
and Health Administration (MSHA) and regulators in other countries. ACT has
exclusive worldwide rights to distribute IS versions of Intelligent Endpoints.
Intelligent Endpoints provide real-time equipment data to help mine
managers better monitor and oversee operations. ActiveMine will make it
possible to offer Intelligent Endpoints, now widely used in surface mining, to
underground mines over a single wireless Wi-Fi network that also provides
voice, tracking and other data.
"The combination of our organizations' complementary expertise and
technology brings a compelling new offering to the mining industry," said
Steve Barrett, President and CEO, Active Control. "3D-P's Intelligent
Endpoints are the recognized standard in above-ground equipment monitoring
while ACT offers best-in-class wireless network technology for above- and
below-ground mining environments."
"Now more mines will be able to monitor production and equipment
information with Intelligent Endpoints, thereby reducing costs and enhancing
productivity," said Al Lehman, President, 3D-P. "The combined offering will
also drive best practices and improved corporate decision-making by providing
mine managers with real-time visibility of every Intelligent Endpoint-enabled
machine across all of their operations."
3D-P is the market leader for application agnostic, carrier grade
communications solutions and hardened computing platforms that provide
intelligent in-pit wireless access to mobile equipment with thousands of units
in use in over 40 mine sites world-wide with customers such as
Freeport-McMoRan, Rio Tinto, PMRL and others. The company's solutions provide
application agnostic computing platforms that allow open pit and underground
mines to easily integrate on-board applications with proximity detection for
personnel safety. The company's products are in use worldwide with sales and
support offices located in Scottsdale and Safford, AZ, Casper, WY, Seattle,
WA, Lubbock, TX, Edmonton and Calgary, AB, Brisbane, Australia, and Santiago,
Chile. For more information, visit www.3D-P.com.
About Active Control Technology
Active Control Technology is a mining services company specializing in
advanced wireless productivity and safety systems. The company's ActiveMine
system provides two-way wireless voice communication, real-time tracking of
personnel and assets, and high bandwidth data applications such as streaming
video and operational data from mining machinery, over a robust wireless Wi-Fi
network. Located in Burlington, Ontario, Canada, Active Control trades
publicly on the TSX Venture Exchange under the symbol ACT. For more
information, visit www.activecontrol.com.
Get more out of your mine(TM)
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements: This press release
contains forward-looking statements that involve risks and uncertainties,
which may cause actual results to differ materially from the statements made.
When used in this document, the words "may", "would", "could", "will",
"intend", "plan", "anticipate", "believe", "estimate", "expect" and similar
expressions are intended to identify forward-looking statements. Such
statements reflect our current views with respect to future events and are
subject to such risks and uncertainties. Many factors could cause our actual
results to differ materially from the statements made, including those factors
discussed in filings made by us with the Canadian securities regulatory
authorities. Should one or more of these risks and uncertainties, such as
changes in demand for and prices for the products of the Company or the
materials required to produce those products, labour relations problems,
currency and interest rate fluctuations, increased competition and general
economic and market factors, occur or should assumptions underlying the
forward looking statements prove incorrect, actual results may vary materially
from those described herein as intended, planned, anticipated, or expected. We
do not intend and do not assume any obligation to update these forward-looking
statements, except as required by law. The reader is cautioned not to put
undue reliance on such forward-looking statements.
For further information:
For further information: 3D-P: Dave Goddard, VP Business Development,
Tel: (623) 748-0013, Email: davegoddard@3D-P.com; Active Control Technology
Inc.: Steve Barrett, President & C.E.O, Tel: (905) 635-3130, Email:
email@example.com; Media inquiries for ACT, Don Hogarth, Tel.: (416)
565-8920, Email: firstname.lastname@example.org