5/4/2011 8:33:00 AM
NEWS BRIEFS
TineLok Hastens Market Appeal
U.S. Navy Landing Craft, Air Cushion (LCAC)
Permanent Technologies is pursuing a sales and marketing strategy of non-exclusive licensing of TineLok to domestic fastener distributors as a means of faster and more efficient commercialization of its products.
“Our plan is to capture a portion of the 55 billion dollar global industrial fastener market as quickly and as effectively as we can,” stated CEO Patrick Tremblay.
Permanent Technologies holds numerous domestic and international patents for TineLok’s innovative vibration proof fastener technology.
“TineLok is an innovative product that has the potential for broad acceptance in the vibration proof fastener market and which we believe to be superior to any other similar product in the market today,” Tremblay explained.
“Our goal in leveraging our partners’ expertise, existing customer base and well established channels of distribution is to commercialize our products and earn returns for our investors faster than we could by ourselves.”
Huntington, NY-based Permanent Technologies is the inventor and manufacturer of the award winning TineLok Fastening System — a vibration-proof, self-locking family of fasteners designed to hold tight in the most demanding, extreme and harshest conditions, environments and applications. Web: TineLok.com ©2011 GlobalFastenerNews.com
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