SOURCE: WheelTug Limited

WheelTug Limited

WheelTug Limited

August 26, 2010 21:33 ET

Dynetic Systems to Build Motors for WheelTug® Aircraft Drive System

GIBRALTAR--(Marketwire - August 26, 2010) -  WheelTug Limited announced today that Dynetic Systems, Inc. has become the risk-sharing partner responsible for designing the Chorus® motors for its aircraft onboard electric drive system.

Dynetic Systems, based in Elk River, Minnesota, designs and manufactures highly engineered motors for aerospace, military, medical and industrial applications.

The WheelTug® electric drive system is based on twin electric motors installed in the nose gear wheels of an aircraft, providing full mobility while on the ground, without the use of the aircraft's jet engines or external tugs for both pushback and taxi operations. WheelTug enables aircraft to be electrically driven from the terminal gate to the takeoff runway, and upon landing, from runway exit to the gate. The resulting improvements in efficiency, flexibility, fuel savings and reduced engine foreign object damage (FOD) yield projected savings of more than $500,000 per aircraft per year plus reductions in CO2 and other greenhouse gas emissions.

The agreement provides that Dynetic Systems will design and manufacture prototype and test motors for the WheelTug system and then will be the exclusive worldwide supplier of motors to WheelTug. The WheelTug system, now being developed, is expected to be available initially for Boeing 737NG aircraft, with FAA certification expected in 2012.

"We are delighted with Dynetic," said Isaiah W. Cox, president of WheelTug. "They have many decades of experience optimizing motors for aerospace applications, and we have every confidence in their ability to deliver Chorus machines that meet or exceed WheelTug's requirements."

Since 1972 Dynetic Systems, which is a privately held company, has been dedicated to design and manufacture precision quality, instrument grade, DC Servo Motors, Actuators, and related motion control products. AS9100B and ISO9001:2000 Certified, the highest level of quality certification offered in the aerospace industry, Dynetic Systems has earned dock to stock status from some of the largest airplane manufacturers in the world.

WheelTug's previous motor supply agreement, with Ward Leonard Electric Co., has been terminated by mutual agreement.

WheelTug Limited is a wholly-owned subsidiary of WheelTug plc, which is in turn a majority-owned subsidiary of Chorus Motors plc (PINKSHEETS: CHOMF), which developed the high phase order motors that are the basis of the WheelTug system.

Forward Looking Statement may be found at http://www.chorusmotors.gi/fwdlook.shtml

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