TORONTO, March 10 /CNW/ - Luxell Technologies Inc. (TSX:LUX) is pleased
to announce that it has been awarded the contract to supply the cockpit
controls interface kit for the WheelTug system for moving aircraft on the
ground. The contract is expected to extend through the lifetime of the
WheelTug 737NG system.
WheelTug(r) is a patented, proprietary system that uses electric motors
to allow the pilot or ground crews to move an aircraft without the use of a
tow tug or the main engines. Among the potential benefits of the WheelTug
system are reduced fuel consumption, pollution, and emissions, as well as
shorter aircraft turnaround times between flights and a reduction in flight
delays. WheelTug will be particularly beneficial at congested airports where
time is lost because of the need for tugs. Use of WheelTug will also have a
positive impact on Foreign Object Debris (FOD) and airside safety by reducing
the time during which engines are run on the ground.
As a risk-sharing development partner, Luxell will, in concert with
WheelTug Limited and its customers, define the cockpit controls interface
configuration, develop, test and qualify all the necessary hardware as part of
the overall WheelTug system Supplemental Type Certificate for Boeing 737NG
aircraft. WheelTug's certification team, including Newport Aeronautical and
Gil Thompson, are the interface to the FAA.
In addition to the exclusive supply of the cockpit interface to WheelTug,
Luxell will earn an equity stake in WheelTug plc upon timely regulatory
approval for the WheelTug 737NG system.
"We're particularly looking forward to working with WheelTug as we think
this is an exciting product. It also represents a part of our business
strategy to expand into commercial avionics and demonstrate our display
expertise to major players in that sector," said Jean-Louis Larmor, Luxell's
"We evaluated quite a number of potential suppliers, and concluded that
Luxell is a good fit for WheelTug's needs, both for the 737NG, and for other
aircraft down the road as well," said Isaiah Cox, WheelTug's CEO. "They have
the technology and competence to provide a turnkey cockpit kit for the
WheelTug system, and we are pleased to have Luxell on board."
WheelTug and Delta Air Lines entered into an agreement in 2007 in which
the airline is assisting WheelTug in developing the system and be the launch
customer for the 737NG WheelTug worldwide, with the right to acquire WheelTugs
for its own 737NG fleet. The agreement also gives Delta the right of first
refusal to provide installation and maintenance services on WheelTug systems
in the United States for itself and for other airlines that desire such
services. Delta has also taken an option to buy up to 600,000 shares of
WheelTug plc at an average price of $36 per share.
WheelTug Limited is a 100% owned subsidiary of WheelTug plc, which is in
turn a majority-owned subsidiary of Chorus Motors plc (PINKSHEETS: CHOMF).
Chorus has developed the proprietary Chorus(R) Star and Chorus(R) Meshcon
electric motor technologies, which offer substantial performance improvements
over comparable motor and drive systems. The Chorus systems produce high
torque at start-up speeds and are ideal for traction applications besides
aircraft, including automobiles, trucks, locomotives, and ships. WheelTug(R)
and Chorus(R) are registered trademarks of Borealis Technical Limited. Please
visit WheelTug's website at http://www.wheeltug.com and read the
forward-looking statement at http://www.wheeltug.com/fls.shtml.
Luxell designs, manufactures and licenses flat panel display technologies
and solutions for defence and avionics industries. More information can be
found at www.luxell.com. (C) Luxell Technologies Inc., Luxell and Black Layer
are trademarks of Luxell Technologies Inc. All other company and/or product
names are trademarks and/or registered trademarks of their respective
For further information:
For further information: Luxell Technologies Inc., Simon Dann, Director,
Government & Corporate Relations, (905) 363-0325 ext 235, email@example.com;
WheelTug Limited: Chris Bourne, +44 (0)20 7993 4293, firstname.lastname@example.org