- All previously announced purchase orders are no longer conditional
- Volume manufacturing of ActiveMine Nodes has begun
TORONTO, April 30 /CNW/ - Active Control Technology Inc. (TSX-V:ACT)
today announced that it will install ActiveMine(TM) systems at two underground
coal mines beginning next week. The installations were cleared to proceed as a
result of the recent U.S. Federal Mine Safety and Health Administration (MSHA)
full approval of ActiveMine, the premier voice communications and tracking
system for mines, on April 22, 2009.
The scheduled installations are for coal mines in Illinois and Kentucky
that had previously signed purchase orders contingent on final MSHA approvals.
In addition, all previously announced purchase orders for ActiveMine are no
longer conditional and roll-out can now proceed. Accordingly, ACT has launched
its contract manufacturing program and will build several hundred ActiveMine
Nodes over the coming months.
"Final MSHA approvals have cleared the way for our customers to obtain
the operational and safety benefits of ActiveMine, and for our company to earn
revenue from previously booked sales," said Steve Barrett, President and CEO,
The MINER Act requires that each of the approximately 650 underground
coal mines in the U.S. submit mine safety plans that include provisions for
wireless two-way communication and electronic tracking, by June 15, 2009.
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)
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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: Steve Barrett, President & CEO, Active Control
Technology, Tel.: (905) 635-3130, Email: firstname.lastname@example.org; Media
inquiries: Don Hogarth, Tel.: (416) 565-8920, Email: email@example.com