January 17, 2004
METALAST International, Inc., the metal finishing industry's solutions provider, and TrueLogic, Dallas, TX, have reached a formal agreement wherein METALAST has the rights to market a proprietary version of TrueLogics TrueChem software. METALAST has introduced ChemPro to its product line, a chemical management software that further automates the finishing process.
ChemPro ensures consistent, repeatable application of best practices and digitizes the process and all activities, as well as providing management with the visibility, insight, and control to improve operational performance.
The ChemPro software supplements our JobPro perfectly, said Joe Radzvilowicz, Senior Vice President of Sales and Marketing at METALAST. The JobPro focuses on the functions and mechanical aspects of the process, and ChemPro focuses specifically on chemistry and consumption.
Senior Executives from TrueLogic visited the METALAST Tech Center in February to host a formal training class on the software for METALAST Regional Sales Managers and staff. As part of the Alliance Agreement, TrueLogic and METALAT have exchanged high-level contacts with which both companies have existing relationships.
Truelogic is considering giving METALAST exclusive rights to market the software under the METALAST name of ChemPro. Truelogics most recent installation is taking place at ALCOA in Southern California as a pilot operation. Other Truelogic customers include, Northrup Grumman, Texas Instruments, Alcoa, Delta Faucet, Naval Air Depot, Teledyne, Bell Helicopter, Saturn Electronics, Kwikset and ARINC (Egyptian AirForce), and a number of job shops throughout the country.
METALAST Regional Sales Managers plan to penetrate existing and potential targeted markets to expand the presence of finishing control throughout the process to achieve consistency within a manufactureres supply chain.
TrueLogic Company develops and supports user friendly, quality-focused manufacturing software. With its Best In Class TrueChem Windows Chemical Analysis and Statistical Control Software, TrueLogic saves companies time and money by providing an easy-to-input data entry, easy-to-view data output, process control system. Increased efficiency and improved product quality are the end result. From utilizing HTML for immediate links to important documents like Procedures and MSDSs, and full network capabilities, to being Email- and Web-enabled, TrueLogics software is scalable to meet the needs of the smallest shops to the largest manufacturers.
METALAST is the metal finishing industrys solutions provider. METALAST offers affordable process control hardware and software, full lines of finishing chemistries, including hexavalent chromate replacements, complete turnkey finishing systems, training, technical support, and free sample processing and strategy development to help improve the quality of finished parts in an effort to help companies adhere to lean production standards of increased quality and efficiency across value chains. Also, the METALAST T-REX a mobile research and training exhibition - is coming to a city near you. Inquire as to how your company can receive a no cost T-REX seminar at your facility.
This press release contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Statements in this document (as well as information included in oral statements or other written statements made or to be made by METALAST International, Inc.) that are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. . Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Factors that could cause actual results to differ materially include risks and uncertainties such as technical difficulties in developing the products; competition from other suppliers of similar products; pricing that may not be acceptable to potential markets; problems with the transport of the products produced; failure for a market to develop for the products; and many other known and unknown factors that affect the technology and automotive industry in general. Should any risks and uncertainties develop into actual events, these developments could have material adverse effects on METALASTs business, financial condition and results of operations.