NORTH PLAINS, OR -- (MARKET WIRE) -- 04/09/08 -- WheelTug Limited is pleased to announcethat it has selected Co-Operative Industries Aerospace to supply the wireharnesses for the WheelTug system for moving aircraft on the ground. Thecontract is expected to extend through the lifetime of the WheelTug 737NGsystem.WheelTug® is a patented, proprietary system that uses electric motors toallow the pilot or ground crews to move an aircraft without the use of atow tug or the main engines. Among the potential benefits of the WheelTugsystem are reduced fuel consumption, pollution, and emissions, as well asshorter aircraft turnaround times between flights and a reduction in flightdelays. WheelTug will be particularly beneficial at congested airportswhere time is lost because of the need for tugs. Use of WheelTug will alsohave a positive impact on Foreign Object Debris (FOD) and airside safety byreducing the time during which engines are run on the ground.
As a risk-sharing development partner, Co-Operative Industries will, inconcert with WheelTug Limited and its customers, define the wiringconfiguration, develop, test and qualify all the necessary hardware as partof the overall WheelTug system Supplemental Type Certificate for Boeing737NG aircraft. WheelTug's certification team, including NewportAeronautical and Gil Thompson, are the interface to the FAA.
In addition to the exclusive supply of the wire harness to WheelTug,Co-Operative Industries will earn an equity stake in WheelTug plc upontimely regulatory approval for the WheelTug 737NG system.
"The team here at Co-Operative Industries is excited about being selectedto supply the wiring harness needs for such a cutting edge innovation. Thepotential savings along with the environmental benefit the WheelTugsolution offers promises to aid the industry in surviving the currenteconomic downturn," said Sam Symonds, Co-Operative's CEO.
"We are very pleased to add Co-Operative Industries to our team; they haveprecisely the skills and experience needed for handling the logic and powerwiring required for the 737NG system, as well as other WheelTugapplications down the road," said Isaiah Cox, WheelTug's CEO. "As with therecent selection of Luxell as the supplier of our cockpit interface, we aremaking sure that all the WheelTug components are developed and manufacturedby suppliers who have a long track record of meeting and exceedingtechnical and regulatory requirements. With Co-Operative, our wiring is ingood hands."
WheelTug and Delta Air Lines entered into an agreement in 2007 in which theairline is assisting WheelTug in developing the system and be the launchcustomer for the 737NG WheelTug worldwide, with the right to acquireWheelTugs for its own 737NG fleet. The agreement also gives Delta the rightof first refusal to provide installation and maintenance services onWheelTug systems in the United States for itself and for other airlinesthat desire such services. Delta has also taken an option to buy up to600,000 shares of WheelTug plc at an average price of $36 per share.
About WheelTug
WheelTug Limited is a 100% owned subsidiary of WheelTug plc, which is inturn a majority-owned subsidiary of Chorus Motors plc (PINKSHEETS: CHOMF).Chorus has developed the proprietary Chorus® Star and Chorus® Meshconelectric motor technologies, which offer substantial performanceimprovements over comparable motor and drive systems. The Chorus systemsproduce high torque at start-up speeds and are ideal for tractionapplications besides aircraft, including automobiles, trucks, locomotives,and ships.
WheelTug® and Chorus® are registered trademarks of Borealis TechnicalLimited. Please visit WheelTug's website at http://www.wheeltug.com andread the forward-looking statement at http://www.wheeltug.com/fls.shtml.
About Co-Operative
Co-Operative Industries is an ISO9001:2000 and AS9100 registered companybased in Fort Worth, Texas. The company designs and manufactureselectrical wiring interconnects, ignition leads, and flexible conduits forairframe, engine, ground support equipment, and space applications. Inaddition to manufacturing capabilities, Co-Operative Industries alsoprovides Part 145 repair services such as check & test, overhaul andrepair, and S/B incorporation for many of the aircraft wiring harnesses inservice today.
For additional information on Co-Operative Industries Aerospace or the
services offered, please contact:
Co-Operative Industries Aerospace
5133 Northeast Parkway
Fort Worth, TX 76106
Phone: 817-740-4700
Fax: 817-624-4282
email: solutions@coopind.com
Web: http://www.coopind.aero/