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MTS to Supply Advanced Test Equipment to the Renault F1 Team
Eden Prairie, Minn. – July 7, 2006 – MTS Systems Corporation (NASDAQ: MTSC) today announced that the company has been chosen to supply advanced multi-axial chassis and suspension test equipment to the Renault F1 Team in Enstone, U.K.
The equipment, which will allow Renault F1 (the current Formula 1 World Champions) to accurately measure the dynamic characteristics of their Formula 1 car, represents the state of the art in chassis dynamics testing.
“The MTS system, combined with the team’s expertise in advanced modeling techniques will allow us to fully understand the dynamic performance of our chassis under a variety of loading conditions,” commented Bob Bell, Technical Director for the Renault F1 Team. “MTS has a proven track record as the premier supplier of vehicle test systems in both motorsports and passenger car applications,” said Bell.
“We are delighted with the Renault F1 Team’s selection,” said Sidney W. Emery, Jr., MTS chairman and CEO. “MTS is committed to being the leading manufacturer of mechanical testing solutions to enhance new product development worldwide. The system we will supply to Renault represents one of the most advanced in the motorsports industry,” Emery said.
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 is the worldwide leading supplier of rolling road and model motion systems for aerodynamic development of ground vehicles. MTS delivers cutting edge dynamometer technology for the testing of Motorsports’ powertrains as well as chassis dynamics systems, durability systems, and tire test systems to the Motorsports Industry worldwide. MTS had 1,549 employees and revenue of $374 million for the fiscal year ended October 1, 2005. Additional information on MTS can be found on the worldwide web at http://www.mts.com.