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San
Francisco, May 29, 2002 - BEI Technologies, Inc. (Nasdaq:
BEIQ) announced today that its patented NCAPS ( Non-Contacting
Angular Position Sensor ) was selected for the Best
of Sensors Expo award at the Spring Exhibition held
in San Jose on May 21-23, 2002. The sensor won the Silver
award for the category: Sensors. The editors of Sensors
Magazine, the leading publication in the sensors industry
for over 18 years, recognize new products that they
predict will significantly impact the use of sensing
in designs and applications.
"The
NCAPS rotary sensor offers a proprietary patented technology
to measure absolute position in mechanical systems."
explained Dr. Asad Madni, president, chief operating
officer and one of the inventors of the technology.
"Our customers in the automotive, heavy equipment
and industrial markets have asked for position sensors
that meet the position measuring performance and cost
of contacting sensors while providing longer life through
noncontacting technologies. Our NCAPS sensor provides
superior reliability and a higher performance position
measurement solution as compared to contacting sensors,
while addressing the low cost needs of the market,"
Madni said.
BEI Duncan Electronics Division, an operating division
of BEI Technologies, Inc. has taken the invented BEI
technology and developed the production model of the
NCAPS sensor. The current configuration is ideal for
such applications as automotive electronic steering
sensing, drive-by-wire sensors for automobiles and heavy
equipment, position control in medical instrumentation
and position sensors for factory automation.
BEI Technologies, Inc. is an established manufacturer
of electronic sensors, motors, actuators and motion
control products used for factory and office automation,
medical equipment, military, aviation and space systems.
In addition, sales to manufacturers of transportation
equipment including automobiles, trucks and off-road
equipment have become a significant addition to the
Company's business in recent years, in particular, sales
of the Company's micromachined quartz yaw rate sensors
in advanced vehicle stability control systems. BEI also
manufactures electronic steering wheel position sensors,
seat-memory modules, throttle position and pressure
sensors and other devices used in automotive systems.
Except
for historical information, this news release may be
deemed to contain forward-looking statements that involve
risks and uncertainties, including statements with respect
to timely development, acceptance and pricing of new
products; impact of competitive products and price;
the ability to manufacture products in sufficient volume
on an efficient and timely basis; general economic conditions
as they affect the Company's customers, as well as other
risks detailed from time to time in the Company's reports
to the Securities and Exchange Commission, including
the Company's Form 10-K for fiscal 2001.
For further information, please contact:
John LaBoskey, Senior Vice President/CFO
BEI Technologies, Inc, 415/965-4477
www.bei-tech.com
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