CONTACT: AdAl Group, Inc.
Rupert Howe
rupert.howe@adalgroup.com
+44 (1342) 833855
Keating Investments, LLC
Pamela A. Solly
ps@keatinginvestments.com
(720) 489-5876
*
Estimated Market Cap
$26,594 as of Jul 14, 2009
*
Outstanding Shares
22,161,832 as of Oct 14, 2005
*
Float
3,500,000 as of Oct 14, 2005
Transfer Agent
New York Drop-Securities Transfer & Reporting Services, Inc.
Williams St. Galleria
New York City
Computershare Investor Services LLC
P.O. Box 43010
(150 Royall St. (Mail Stop 45-02-80))
Canton, MA 02021)
Providence, RI 02940-3010
Adal Group, Inc. (OTC: ADGR) through its subsidiaries, produces aluminum extrusions and manufactured parts primarily in the United Kingdom. The company provides aluminum extrusion design and production services, comprising supply-chain management, including component design, fabrication, warehousing, and delivery. It provides customized aluminum extrusions, such as hollow and solid tubing; motor vehicle tube connector parts to original equipment manufacturers; building products consisting primarily of aluminum window bars, hardware, and handles; and machine products, including precision engineered components that are attached to electric motors and hydraulic and pneumatic motors of automobiles. Adal Group also manufactures gun cleaning kits for the United Kingdom's Ministry of Defense; specializes in modifying extrusions by drilling, punching, cutting, machining, and welding; and designs and fabricates metal panels and cladding, which provide thermal acoustic insulation and fire protection for the construction industry. The company offers its products and services to customers in the architectural, construction, automotive, medical, defense, transportation, and heating, ventilation, and air conditioning industries. With an undisclosed short position, there is no longer a failure to deliver in shares of ADGR. According to quarterly data provided by the SEC, there were still 280,507 shares of ADGR that were failing-to-deliver as of January 12, 2007.
AdAl Group, Inc. and UTEK Corporation Announce Strategic Alliance Agreement for Technology Transfer
PLANT CITY, Fla. & SURREY, U.K. -- UTEK Corporation (AMEX AMEX
See: American Stock Exchange :UTK UTK University of Tennessee at Knoxville
UTK Unreal Tournament Knights
UTK Unit Tindak Khas (Malaysia police special action unit) ) (LSE LSE - Language Sensitive Editor :UTK.L) (LSE:UTKA.L), an innovative technology transfer company, and AdAl Group Inc. (OTCBB OTCBB
See OTC Bulletin Board (OTCBB). :ADGR ADGR All Donations Gratefully Received
ADGR Active Duty Guard & Reserve ), a UK based aluminum extruded products manufacturer, announced jointly today the signing of a strategic alliance agreement.
Nicholas Shrager, Chief Executive of AdAl Group, Inc., said: "We're delighted to execute a Strategic Alliance agreement with UTEK Corporation. AdAl Group is focused on producing extruded aluminum products in the UK. We believe that this alliance will enable us to rapidly access new technologies from leading universities and federal laboratories that will enable us to create added-value for our multifaceted mul·ti·fac·et·ed
adj.
Having many facets or aspects. See Synonyms at versatile.
Adj. 1. multifaceted - having many aspects; "a many-sided subject"; "a multifaceted undertaking"; "multifarious interests"; "the multifarious product line."
"UTEK looks forward to working with AdAl Group, Inc. to identify proprietary technologies to further enhance their aluminum manufacturing capabilities," said Clifford M. Gross, Ph.D., Chairman and Chief Executive Officer of UTEK.
Through its strategic alliance agreements, UTEK assists companies in enhancing their new product pipeline with the acquisition of proprietary intellectual capital from universities and laboratory research centers. Strategic alliance agreements are generally cancellable by either party with thirty days advance written notice.
About AdAl Group, Inc.
AdAl Group, Inc., headquartered in the United Kingdom, is a leader in manufacturing extruded aluminum specialty products. AdAl Group, Inc. operates through four wholly owned subsidiaries Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
Notes:
In other words, the parent company owns the company outright and there are no minority owners.
..... Click the link for more information.: AdAl Seco, AdAl Engineering, AdAl Extra, and AdAl Climatix. For more information about AdAl Group, Inc., please visit its website at
http://www.AdAlGroup.com.
About UTEK Corporation
UTEK is a leading, market-driven technology transfer company that enables companies to rapidly acquire innovative technologies from universities and research laboratories. UTEK facilitates the identification and acquisition of external technologies for clients internationally in exchange for their equity securities, while allowing research institutions to receive 100% of the royalties. This unique process is called U2B U2B Youtube (website)
U2B User to Business (R). UTEK transfers proprietary technologies with potential commercial applications to companies seeking product differentiation Product Differentiation
A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics. resulting in a strategic marketplace advantage. UTEK is headquartered in Plant City, Florida Plant City is a city in Hillsborough County, Florida, approximately midway between Brandon and Lakeland along Interstate 4. The population was 29,915 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 30,906 [1].
..... Click the link for more information., USA and also has operations in the UK and Israel. For more information about UTEK, please visit its website at
http://www.utekcorp.com.
____________________________________________________
Adal Group Inc. Files Patent Application for Ticalium, a Super-Hard Aluminum and Titanium Carbide Metal Matrix Composite.
LONDON & NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Aluminum Group Sees Immense Possibilities For New Super-hard But Lightweight Metal - Stronger, For Example, Than Cast Iron
a leading producer of aluminum precision engineered parts, added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Added Value = Sales - Purchases - Labour Costs - Capital Costs
extrusions and related architectural and proprietary products, announced today that it has filed patent applications for a metal matrix composite Metal matrix composite
A material in which a continuous metallic phase (the matrix) is combined with another phase (the reinforcement) that constitutes a few percent to around 50% of the material's total volume. ("MMC See MultiMediaCard and Microsoft Management Console. ") that will be referred to by the company as "Ticalium." Ticalium combines aluminum with titanium and carbon to produce a super-hard extrusion that is designed to increase the strength, hardness and wear resistance of aluminum.
Dr. Cem Selcuk, Adal Group's Project Manager for Ticalium said, "We believe that the possibilities for applications are immense."
"Just for comparison with another strong material, white cast iron has a tensile strength tensile strength
Ratio of the maximum load a material can support without fracture when being stretched to the original area of a cross section of the material. When stresses less than the tensile strength are removed, a material completely or partially returns to its of approximately 250 MPa (Mega Pascals) and is also brittle, whereas Ticalium has a higher strength of about 330 MPa together with a greater stiffness while exhibiting greater lightness according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. third party testing."
"Ticalium is highly suitable for applications requiring light weight and high wear-resistance (with good mechanical properties), including tyre studs, sliding contacts, etc. According to a university study, Ticalium has up to a 50% improvement in wear resistance over the base alloy, by adding only 10wt% TiC reinforcement."
Nicholas A. Shrager, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Adal Group Inc., said, "It's a very special moment for Adal, to be able to finally launch Ticalium into the marketplace. We and our partners have worked hard developing this product, and I'm really excited to see the uses it will be put to."
"This is an example of the kind of proprietary products we are developing to find innovative ways of improving people's lives with aluminum."
About Ticalium
Ticalium is a novel composite material composite material or composite, any material made from at least two discrete substances, such as concrete. Many materials are produced as composites, such as the fiberglass-reinforced plastics used for automobile bodies and boat hulls, but the
..... Click the link for more information.. The precise content of reinforcement in the composite can be varied to suit the application. A typical addition level is in the range 5-15wt%. Ticalium can be cast, sprayed or extruded to produce complex profiles that produce material that can be engineered, anodized, welded, painted and finished to a high standard.
Possible applications:
Brake discs & drums (automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide.
..... Click the link for more information.): We believe Ticalium can provide benefits such as high wear resistance, and is light weight for brake discs and drums. In addition, the high thermal conductivity of Ticalium provides better cooling than cast iron.
Brake callipers Cal`li`pers
n. pl. 1. See Calipers.
callipers, calipers (US) npl (MED) → aparato ortopédico;
(MATH) → calibrador m : We believe Ticalium can provide improved stiffness to reduce the flexing of brake callipers.
Automotive Pistons: We believe Ticalium's wear resistance is an important benefit for automotive pistons.
Train Wheels: We believe that Ticalium train brakes can result in huge weight savings, allowing reduced energy consumption and quicker acceleration and braking, thereby improving journey time and increasing train speed per hour.
Tyre Studs: We believe Ticalium can fulfill criteria for reduced weight.
Snowmobile component (steering drum): We believe Ticalium can provide good wear resistance, stiffness and light weight for snowmobile components.
Motorcycle brake discs: We believe Ticalium can provide weight savings and reduced gyroscopic gy·ro·scope
n.
A device consisting of a spinning mass, typically a disk or wheel, mounted on a base so that its axis can turn freely in one or more directions and thereby maintain its orientation regardless of any movement of the base. effects during braking through corners for motorcycles.
Bicycle Frames: We believe Ticalium extruded tubes with good mechanical properties and surface finish would be beneficial for bicycle frames.
Other opportunities could include a wide range of products such as golf clubs.
About Adal Group, Inc.
Adal Group, Inc., based in the UK, is a global producer of added value aluminum extrusions, precision engineered parts and related proprietary products. Adal Group operates in high growth, large niche markets, including such key industries as aerospace, defense, automotive and construction. The company is also developing a proprietary aluminum based technology that has significant potential in the global market. Seasoned management has developed a roll-up strategy to grow Adal into a substantial company, serving markets worldwide. Adal will strive to grow shareholder value.
Additional information on Adal Group is available on its web site www.adalgroup.com.
Adal Group trades in the USA on the OTC BB under the symbol: ADGR.
The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. Adal Group, Inc. assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.
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Adal Group Unit Wins High Profile Architectural Project; Adal Structures Garners $400,000 Contract To Restore Building Envelope of St John Rigby College.
NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
..... Click the link for more information. & LONDON -- Adal Structures Ltd, a subsidiary of Adal Group, Inc. (OTCBB OTCBB
See OTC Bulletin Board (OTCBB). : ADGR ADGR All Donations Gratefully Received
ADGR Active Duty Guard & Reserve ), a leading producer of value added Value Added
The enhancement a company gives its product or service before offering the product to customers.
Notes:
This can either increase the products price or value. aluminum extrusions and related architectural and proprietary products, has won a prestigious architectural contract to replace the building envelope A building envelope is the separation between the interior and the exterior environments of a building. It serves as the outer shell to protect the indoor environment as well as to facilitate its climate control. of St John Rigby John Rigby may refer to several people, including:
* John Rigby (saint) (c. 1570-1600), English Catholic and martyr
* John Rigby & Company gun and rifle makers of Dublin and London
* Sir John Rigby (politician) (1834-1903), British lawyer and politician
*
College, a Catholic college in Wigan Wigan (wĭg`ən), city (1991 pop. 88,725) and metropolitan district, N England, located in the Manchester metropolitan area on the Douglas River.
..... Click the link for more information., UK. (
http://www.sjr.ac.uk).
Mr. Nicholas A. Shrager, Chairman and Chief Executive Officer of Adal Group said, "We are extremely gratified grat·i·fy
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.
2. that Adal Structures has won this important contract. Adal Structures advanced systems are in the hands of a premier league team, and though it is the newest company in Adal Group, we anticipate it will grow rapidly."
Mr. Gary O'Connor, Managing Director of Adal Structures, said, "We are one of the few companies in the UK with the technology and skills to carry out this work. Our team of design and engineering specialists have many years of experience in curtain walling and cladding."
Mr. O'Connor added, "We adapted and designed solutions to replace an existing curtain wall facade that was leaking. We also designed a new bull nose cap, produced by our sister company Adal Seco. Additionally, we were awarded work on the college's roof-light, initially given to another subcontractor, which is perfectly suited for us but was too technical for them to produce. We are also very pleased to be working with the highly regarded Eric Wright Eric Wright is the name of:
* Eric Lynn Wright, the real name of rapper Eazy-E
* Eric Wright Jr., Eazy-E's oldest son, known by his stage name Lil Eazy-E
* Eric Wright (writer), a Canadian writer of murder mystery novels
*
Construction Ltd., the main contractor for the project."
About Adal Structures, Inc.
Adal Structures offers total facade contracting expertise for building envelopes worldwide, from design to manufacture and installation. We offer an extensive range of cladding systems and custom design solutions, which are vigorously tested at certified testing facilities and installed by our experienced project teams.
Structures engineers work closely with architects and contractors, advising them of the latest innovations and technology for sound and thermal insulation The term thermal insulation can refer to materials used to reduce the rate of heat transfer, or the methods and processes used to reduce heat transfer.
Heat is transferred from one material to another by conduction, convection and/or radiation. and weather protection, ensuring minimum maintenance and premium quality in the most cost effective way. Its highly experienced facade engineers are experts in advanced cladding technology, curtain walling, structural glazing, photovoltaics, rainscreen cladding, natural stone, terracotta, composite materials, phase change materials and use of post tension techniques.
Sister companies Adal Seco provide aluminum extrusions used in our systems and Adal Guilform composite cladding panels.
Adal Structures has a suite of proprietary systems, including the exclusive global license to the innovative Stonescreen cladding system which utilizes a stronger, lighter structure to mount lightweight natural stone rainscreen cladding. For full technical details see www.stonescreen.com. We are also approved installers of Schuco glass curtain walling systems.
Mr. O'Connor was appointed as Managing Director of both Adal Structures and Adal Guilform after its acquisition by Adal Group in February 2005. He has over 15 years of experience in the construction industry as both architect and engineer, and has been overseen many prestige projects, including project managing the famous Great Court in the British Museum. (
http://www.thebritishmuseum.ac.uk)
About Adal Group, Inc.
Adal Group, Inc., based in the UK, is a global producer of added value aluminum extrusions, precision engineered parts and related proprietary products. Adal Group operates in high growth, large niche markets, including such key industries as aerospace, defense, automotive and construction. The company is also developing proprietary aluminum based technologies that have significant potential in the global market, and recently made patent applications for "Ticalium", a new high strength, highly wear-resistant and light weight aluminum and titanium carbide metal matrix composite Metal matrix composite
A material in which a continuous metallic phase (the matrix) is combined with another phase (the reinforcement) that constitutes a few percent to around 50% of the material's total volume.
..... Click the link for more information. (MMC See MultiMediaCard and Microsoft Management Console. ). Importantly, Adal has pioneered and patented a cost-effective production process, so that Ticalium is affordable for use in a much wider range of applications than other MMCs.
http://www.globenewswire.com/newsroom/news.html?d=80168
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