MTS Names AeroMet Vice President
EDEN PRAIRIE, Minn., June 6 /PRNewswire-FirstCall/ -- MTS Systems Corporation (Nasdaq: MTSC) announced today that Dana B. Badgerow has been appointed as Vice President and General Manager of its wholly owned subsidiary, AeroMet Corporation. Badgerow joins AeroMet to lead the business to the next stage of commercialization, including cost effective volume production. AeroMet's leadership team includes AeroMet founder Dr. Frank Arcella, who will continue to guide AeroMet's new technology development as Chief Technology Officer. (Logo: http://www.newscom.com/cgi-bin/prnh/20020430/MTSCLOGO ) "This evolution in management signals AeroMet's transition from a start-up technology venture to a competitive production supplier," said Sidney W. Emery, Jr., Chairman and CEO of MTS Systems Corporation. "AeroMet is now poised to become a recognized, reliable supplier of laser formed titanium components to the worldwide aerospace industry. MTS expects that AeroMet's technology will both reduce costs and accelerate time to market across aircraft manufacturing. It should contribute measurably to MTS's growth in the coming years." Badgerow joined MTS in January 2003, following a successful career managing technology businesses at Honeywell. About AeroMet Corporation AeroMet was established by MTS Systems Corporation in November 1997 to offer a revolutionary Laser Additive Manufacturing (LAM(SM)) process for the direct, rapid fabrication of three-dimensional titanium components, directly from computer-based solid models without the use of molds or dies. This process can contribute significant reductions in both lead-time and cost for high-performance metal parts of strategic importance in the aerospace industry. Additional information on AeroMet can be found on the World Wide Web at http://www.aerometcorp.com . About MTS Systems Corporation MTS Systems Corporation is a global supplier of integrated simulation solutions that help customers accelerate and improve their design, development, and manufacturing processes. MTS supplies products for determining the mechanical behavior of materials, products and structures -- including computer-based testing and simulation systems, modeling and testing software, and consulting services -- as well as products for automating manufacturing processes. MTS had 1,900 employees and revenue from continuing operations of $327 million for the fiscal year ended September 28, 2002. Additional information on MTS can be found on the worldwide web at http://www.mts.com .
SOURCE MTS Systems Corporation
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