Trans-Pacific Aerospace Company, Inc. (OTCBB: TPAC) announced today that its self-lubricating liner system and bearings have successfully completed wear testing at Independent Testing Laboratories in Costa Mesa, California, surpassing minimum qualification requirements imposed under the qualification specification, SAE-AS81820. The liner system will be used for qualification and production parts to be manufactured at its Godfrey (Guangzhou) Bearing Company facility in Guangzhou, China. "The bearings were subjected to 10,000 lb. loads for 25,000 cycles at both ambient and high temperature ranges," said Bill McKay, Trans-Pacific Aerospace CEO. "The test program is identical to Navy qualification tests, and since we will be producing test parts in China using the same components and tooling, we are highly confident we will get similar results for our products made in China." Trans-Pacific Aerospace engineering and quality control staff will depart for China shortly, with production beginning on January 1, 2011. Qualification test parts will be submitted to Independent Testing Laboratories for first-pass testing in February, and to the Navy in mid-March. The company expects qualification approval from the Navy on or about May 1, 2011. Commented McKay: "We realize that we are slightly behind our original schedule, but we felt that this test was important enough to justify the delay. This test gives us the extra insurance and confidence in our future success that we were looking for. While this news may not seem too significant, from an engineering perspective it is actually pretty special." Trans-Pacific Aerospace designs, engineers and manufactures self-lubricating spherical bearings for commercial aircraft, with planned product extensions using similar proprietary technology into maritime, power plant and space applications. Through its ownership in Godfrey (China), Ltd., it has a special operating license granted by China's Ministry of Science and Technology. Godfrey has completed prototype manufacturing and testing in China and is pursuing SAE parts qualification.
Information About Forward-Looking StatementsThis press release contains or incorporates by reference “forward-looking statements” including certain information with respect to plans and strategies of Trans-Pacific Aerospace Company, Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words “believes,” “suggests,” “anticipates,” “plans,” “expects,” and similar expressions are intended to identify forward-looking statements. There are a number of events or actual results of Trans-Pacific Aerospace Company, Inc. operations that could differ materially from those indicated by such forward-looking statements.