Lamb Technicon and SinterCast join forces to provide high-volume machining solutions for Compacted Graphite Iron

Lamb Technicon and SinterCast join forces to provide high-volume machining solutions for Compacted Graphite Iron Detroit and Stockholm, 5 September 2001 - In response to the increased development activity of Compacted Graphite Iron (CGI) cylinder block and head powertrain components, and planned CGI production programs from car and truck manufacturers around the world, Lamb Technicon and SinterCast have established a Collaboration Agreement to support high-volume CGI machining. The combination of Lamb Technicon's expertise in flexible machining centers and high-volume modular manufacturing systems (HVMMS), and SinterCast's CGI production technology and material knowledge, has resulted in the ability to provide turnkey CGI machining solutions to the automotive industry. The two companies have each conducted extensive CGI machining research over the past four years. This research led to Lamb Technicon's development of CGI HIGH-SPEEDtm machining methods. Mr. Jim Herrman, President, of Lamb Technicon said: "From the first CGI engines developed in 1996, we have witnessed a strong growth in interest among engine manufacturers that has now led to simultaneous engineering and production system studies utilizing this versatile material. We have already been commissioned to design and build the first ever high-volume CGI cylinder block production machining system. In the future, we expect the majority of our iron business will use this new material. Our new CGI HIGH-SPEEDtm machining development will further expand the market for this new material." Mr. Bertil Hagman, President and CEO of SinterCast, said: "Following our machining research in conjunction with OEM's, foundries, machine tool suppliers and research institutes over the past five years, we are rewarded by the industry confidence in CGI volume machining. The collaboration with Lamb Technicon provides a flexible and well known platform for the introduction of new CGI tooling solutions developed throughout the industry. The collaboration again broadens the scope of SinterCast's ability to serve its customers and reinforces our position as the CGI development and production partner to the car and truck industries. Lamb Technicon is the largest supplier of flexible machining systems and high-volume modular manufacturing systems to the global automotive and diesel powertrain markets. Lamb Technicon has major facilities in the United States, Canada, Germany and the United Kingdom, and is a UNOVA Company (NYSE:UNA). Other UNOVA Companies include Cincinnati Machine, Landis Grinding Systems and Intermec Technologies. SinterCast is the world's leading supplier of automated on-line process control systems for the reliable high volume production of CGI. With production installations at seven foundries, SinterCast's customers include Audi, Caterpillar, Daros Piston Rings, Ford, Rolls-Royce Power Engineering and the SKF Group. For more information please contact: Mr Greg Kirk Mr Bertil Hagman Director of Marketing President & CEO Lamb Technicon SinterCast Ltd 5663 E. Nine Mile Road Regal House, 70 London Road Warren, Michigan 48091 Twickenham, Middlesex USA TW1 3QS, UK tel: +1 810.497.6000 tel: +44 20 8891 8900 fax: +1 810.497.6082 fax: +44 20 8891 8990 email: mailto:ghkirk@lambtech.com email: mailto:info@sintercast.com website: www.lambtech.com website: www.sintercast.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/05/20010905BIT00650/bit0001.doc http://www.waymaker.net/bitonline/2001/09/05/20010905BIT00650/bit0001.pdf