AirTest Signs LOI With Potential Manufacturing Partner For New Sensor Technology

DELTA, BC, Mar 08, 2011 (PR Newswire Europe via COMTEX News Network) --

AirTest Technologies is pleased to announce its that it has executed a Letter of Intent (LOI) with Jaquet Technology Group (Jaquet) based in Basel Switzerland regarding AirTest's patent pending zero drift, infrared gas sensor technology. AirTest has been in discussions with Jaquet about manufacturing certain products that would target large volume industrial and commercial applications. As part of the LOI, Jaquet will perform engineering review of the product to assess technical issues related to manufacturing the product and steps necessary to move forward with a manufacturing agreement.

Jaquet is a global engineering and manufacturing company with a strong foundation in manufacturing durable, high quality sensors that are used in automotive, marine, power generation and a variety of other applications. According to Chad Renbarger, VP of Business Development for Jaquet in North America, "We are very excited about the prospect of working with AirTest to bring their breakthrough, zero drift gas sensing technology to market. We feel we can offer unique talents in helping AirTest achieve the cost and quality requirements demanded by their target markets."

According to George Graham President of AirTest "We see opportunities for AirTest's zero drift technology in a variety of applications. This agreement with Jaquet represents a first step in developing and manufacturing products for high value application in industrial and commercial gas measurement."