Results from boat show look promising
Trans Max Technologies, Inc. Announces Letter of Intent from the Miami International Boat Show
Monday March 29, 2:00 pm ET
RONKONKOMA, N.Y., March 29, 2004 (PRIMEZONE) -- Perma-Tune Electronics, Inc., a wholly owned subsidiary of Trans Max Technologies, Inc. (OTC BB:TMXT.OB - News), today announced the signing of a Letter of Intent with an international marine service company to distribute the entire product line from Perma-Tune Electronics. The Letter of Intent will be converted to an order when the configurations and product mixes are finalized. This is anticipated to begin within thirty days, depending on the final product mix and is valued, initially, between $750,000 and $1,000,000. The products included in the Letter of Intent are:
PLASMA DRIVE IGNITION SYSTEM: The Plasma Drive Ignition system is a new kind of ignition that can either be used by Original Equipment Manufacturers (OEM) or retrofitted to most non-diesel gas engines. Tests show that significant increases in fuel mileage are immediately recognized along with increasing horsepower and reducing harmful emissions. This product is currently in production.
PLASMA DRIVE FUEL MANAGEMENT SYSTEM: The Plasma/Fuel Management System is an advanced engine management computer system which will be able to provide a comprehensive and real time management software system for up to 12 cylinders. The entire fuel management process can be individually monitored for each cylinder and changed as required in order to provide maximum fuel efficiency and horsepower for the engine.
Also of significant importance is the Company's:
VESSEL SMART WIRING SYSTEM: The Vessel Smart Wiring system will combine state-of-the-art technologies and wireless technologies to create a complete fuel management system to replace the bulky wiring harnesses currently used today in the trucking and boating industries. Currently, these industries use heavy cables and wiring that run from the controls of the boat or truck to the engines and other parts of the vessel. By using wireless technologies to implement our wiring assemblies we will save on space, weight and reduce maintenance requirements significantly over what is considered the industry standard today.
To round out its dazzling display of products and services, the Company plans to unveil its:
FLAT PANEL DISPLAY: Perma-Tune Electronics is currently designing a revolutionary new touch-screen, flat-panel pilot instrumentation display for the marine industry. The panel will be fully visible in all light conditions, including direct sunlight. A wide variety of engine performance parameters can be simultaneously monitored by the pilot, while concurrently displaying global positioning, sonar and radar data. This one central display simplifies the pilot's job and un-clutters the dashboard. Bulky, failure-prone wiring harness bundles can be eliminated with this product, since a single RS-232 computer cable connects the engine management system to the display. Additional devices can be connected with a single RS-232 computer cable.
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