AirTest and Jaquet to PartnerMarch 9, 2011
The joint venture will take steps required to move AirTest's patent-pending IR gas sensor technology into large-volume industrial and commercial applications.
DELTA, BC /PRNewswire/ -- AirTest Technologies is pleased to announce its that it has executed a Letter of Intent (LOI) with Jaquet Technology Group, based in Basel, Switzerland, regarding AirTest's patent-pending zero-drift, infrared gas sensor technology. AirTest has been in discussions with Jaquet about manufacturing certain products that would target large-volume industrial and commercial applications. As part of the LOI, Jaquet will perform an engineering review of the product to assess technical issues related to manufacturing the product and steps necessary to move forward with a manufacturing agreement.
Jaquet is a global engineering and manufacturing company with a strong foundation in manufacturing durable, high-quality sensors used in automotive, marine, power generation, and a variety of other applications. According to Chad Renbarger, VP of Business Development for Jaquet in North America, "We are very excited about the prospect of working with AirTest to bring their breakthrough, zero-drift gas sensing technology to market. We feel we can offer unique talents in helping AirTest achieve the cost and quality requirements demanded by their target markets."
According to George Graham President of AirTest "We see opportunities for AirTest's zero-drift technology in a variety of applications. This agreement with Jaquet represents a first step in developing and manufacturing products for high-value application in industrial and commercial gas measurement."
AirTest Technologies is a green tech company, specializing in sensors that improve commercial building operating efficiency and at the same time create energy savings. The sensors are all based on technical innovations developed in the past ten years, and they comprise a growing second wave of energy-saving technologies that will make a significant contribution to the Sustainable Buildings Program. AirTest offers its products to leading-edge building owners, contractors, and energy service companies, targeting the buildings market. AirTest also provides energy cost-reduction solutions to building equipment and controls manufacturers who incorporate AirTest sensor components in their products.
About Jaquet Technology Group
Jaquet Technology Group is a global engineering and manufacturing company, specialized in providing speed sensors and complete system solutions in demanding ambient conditions. Jaquet's primary markets are automotive, power generation, railway, marine, mobile hydraulics, and industrial machinery. Jaquet is headquartered in Basel, Switzerland, and has subsidiaries in Belgium, China, Germany, the Netherlands, UK, and the U.S., along with a worldwide distributor and end-user service network. The company is ISO 9001, TS 16949, and EN/AS/JISQ 9100 certified.
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