EDEN PRAIRIE, Minn., Oct. 27 /PRNewswire-FirstCall/ -- MTS Systems Corporation today announced that it has been named the recipient of a 2006 Tekne Award in the Established Technology Services category for the development of the MTS Bionix(R) Spine Wear Simulator. Minnesota’s annual Tekne awards recognize companies and individuals who have shown superior technology innovation and leadership.
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The MTS Bionix Spine Wear Simulator is the first wear simulator on the market designed specifically for spinal applications. It enables orthopedic device manufacturers to perform highly accurate, long-term wear, fatigue and durability simulations on both lumbar and cervical spine disc implants.
“We are honored to be recognized as a leader in technology innovation,” said Sidney W. Emery, Jr., MTS chairman and CEO. “The new Spine Wear Simulator is a great example of why biomedical companies worldwide turn to MTS for the technologies and expertise they need to advance their product development.”
The Minnesota High Tech Association (MHTA) and Minnesota Technology, Inc. (MTI), in partnership with LifeScience Alley, join together to recognize technology innovators and leaders who have made lasting contributions to enhance the quality of life and competitiveness of Minnesota. The awards are separated in both emerging and established company categories that recognize the best and brightest in the innovation, development, education, commercialization and management of technology.
About MTS Systems Corporation
MTS Systems Corporation is a leading global supplier of test systems and industrial position sensors. The Company’s testing hardware and software solutions help customers accelerate and improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. MTS’ high performance position sensors provide controls for a variety of industrial and vehicular applications. MTS had 1,549 employees and revenue of $374 million for the fiscal year ended October 2, 2005. Additional information on MTS can be found on the worldwide web at http://www.mts.com .
About MTI
Minnesota Technology, Inc. (MTI) helps drive the small to mid-size manufacturing sector by selling greater efficiency tools, productivity and growth solutions, and cutting edge information at competitive rates. MTI operates as a private 501(C)3 organization, collaborating with the federal government, to provide a public service that stimulates business and economic development in Minnesota’s manufacturing sector. MTI’s staff are competent, trained professionals with expertise in leading edge productivity tools and growth solutions, committed to making Minnesota a stronger player in the global manufacturing matrix.
About MHTA
The Minnesota High Tech Association accelerates the growth, sustainability and global competitiveness of Minnesota’s technology-based economy through public policy advocacy, member collaboration and education, and community outreach. MHTA is the only membership organization that represents Minnesota’s entire technology-based economy. MHTA members include organizations of every size -- involved in virtually every aspect of technology creation, production, application and education in Minnesota. MHTA works in partnership with AeA, which represents Minnesota’s technology organizations nationally. More information on the MHTA can be found at http://www.mhta.org .
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CONTACT: Paul Runice, Treasurer and Director of Investor Relations of MTSSystems Corporation, +1-952-937-4003
Web site: http://www.mts.com/http://www.mhta.org/