Thursday, November 12, 2015 3:34:50 PM
http://www.otcmarkets.com/stock/SIGL/news
Signal Advance to Focus its Patented Technology to Improve Efficiency, Performance and Safety on Automotive Vehicles
HOUSTON, TEXAS -- (Marketwired) -- 11/12/15 -- Signal Advance, Inc. (OTCBB:SIGL), an emerging technology company, has developed preliminary plans and initiated discussion with a University to utilize its proprietary technology to improve performance in signal detection and control systems in automotive vehicles. In transportation, Signal Advance technology applied to combustion/injector control has the potential to improve performance by reducing delay in the relevant control systems, and thereby generate more power using less fuel and releasing fewer emissions. The company anticipates its technology can also be applied to improve crash avoidance, deployment of air bags, driver assist and other safety measures.
Strict federal fuel-economy and carbon-emission standards are a huge technological challenge to the auto industry. The global market for automobile sensors will grow from $22.1 billion in 2015 to reach nearly $35.2 billion in 2020, a compound annual growth rate (CAGR) of 9.7% for the five year period. (Global Markets for Automotive Sensor Technologies, BCC Research LLC, May, 2014). The major sensors/controls suppliers include such players as Honeywell International, Rockwell Automation, Eaton, Schneider Electric, Denso, Analog Devices, Siemens Teledyne, Goodrich Corp., and General Electric.
Signal Advance Founder and President Chris M. Hymel, Ph.D. was recently named 2015 "Investor of the Year" during the annual meeting of the State Bar of Texas. The selection criteria included the intellectual property (patents), contribution of the invention to society and the impact on Texas economy. In his address, Dr. Hymel explained the intellectual property and provided numerous examples of applications for Signal Advance technology. He went on to describe the potential of the technology to significantly impact product yields, energy efficiency, pollution, medical outcomes, military systems and safety across a broad range of market sectors.
About Signal Advance, Inc.
Signal Advance, Inc. is a fully reporting public US company that has developed and is now commercializing its proprietary technology to improve performance in signal detection and control systems. Reducing or offsetting response delays could improve outcomes for medical interventions, increase energy efficiency, reduce emissions, boost manufacturing and production yields, and improve targeting accuracy. Target markets include transportation, energy generation / distribution, military defense, manufacturing, industrial process control, medicine and communications. For more information, visit SignalAdvance.com.
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