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News Reliability Prognosis Technology Patent Issued To VEXTEC Nashville , TN., March 1, 2006 - VEXTEC Corporation announced today that the United States Patent & Trademark Office has awarded the company U.S. Patent No. 7,006,947 entitled, “Method and apparatus for predicting failure in a system.” This is VEXTEC’s first patent in its growing portfolio relating to reliability prediction through virtual simulation applications. “This award by the Patent & Trademark Office is an official recognition of VEXTEC as a technology innovator,” stated Dr. Robert Tryon, Chief Technology Officer. “The patent covers 83 individual claims for incorporating what is already known about a launched product to predict into the future. This will impact maintenance plans while enhancing operational safety and market perception about product reliability.” The significant value of this technology can’t be overstated. VEXTEC envisions that such technology will eventually be integrated within most products delivered to the marketplace, including autos, aircraft, electronics and even facilities themselves. About VEXTEC VEXTEC will soon launch a new enterprise solution software package enabling reliability engineering to be approached at a new strategic level within the corporate organization and between companies, strategic partners and vendors. Manufacturers mastering the modern and updated version of the complexities of the art and science of reliability, will be able to execute at the corporate level with a new rational crispness like never before. Those manufacturers will significantly out-perform manufacturers that do not. Our premise is simple: The cost of physical tests is rising. The cost of computer cycles is plummeting. It is common sense to replace the former with the later.
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