This section includes press releases about our company and products, and information about company events.

MagneMotion to Introduce Transport System at the Lab Automation 2010 Conference, Booth #668
Devens, Massachusetts (January 13, 2010)
MagneMotion, a developer and manufacturer of Linear Synchronous Motors (LSM) used for assembly automation, material handling and transportation applications, today announced that it will introduce the MagneMover™ LITE LSM Transport System at the Lab Automation 2010 Conference from January 24-26, 2010 at the Palm Springs Convention Center, Palm Springs, CA in Booth #668.

MagneMotion to Introduce New MagneMover™ LITE System at Pack Expo 2009, Booth #C4210
Devens, Massachusetts (September 18, 2009)
MagneMotion, a developer and manufacturer of Linear Synchronous Motor (LSM) transport systems used for process automation, assembly automation and transportation applications, today announced that it will introduce its newest product line, the MagneMover™ LITE Transport System, to the packaging industry at Pack Expo 2009 from October 5-7, 2009 at the Las Vegas Convention Center, Las Vegas, NV in Booth #C4210.

MagneMotion to Debut MagneMover Lite™ Demo System at ATX East 2009, Booth #3237
Devens, Massachusetts (April 9, 2009)
MagneMotion, a developer and manufacturer of Linear Synchronous Motors (LSM) used for process automation, assembly automation, and transportation applications, today announced that it will introduce a model demonstration of MagneMotion's newest initiative, the MagneMover™ Lite System, at the ATX East 2009 Conference from June 9-11, 2009 at the Jacob Javits Convention Center, New York, NY in Booth #3237.

MagneMotion to Introduce Transport System at the Lab Automation 2009 Conference, Booth #633
Acton, Massachusetts (January 13, 2009)
MagneMotion, a developer and manufacturer of Linear Synchronous Motors (LSM) used for assembly automation, material handling and transportation applications, today announced that it will introduce the MagneMover™ Lite LSM Transport System at the Lab Automation 2009 Conference from January 25-27, 2009 at the Palm Springs Convention Center, Palm Springs, CA in Booth #633.

MagneMotion Issued New Patent on Maglev Technology
Acton, Massachusetts (December 15, 2008)
MagneMotion Inc., a developer and manufacturer of Linear Synchronous Motor (LSM) products and systems used in assembly automation, material handling and transportation applications, today announced that it has been awarded U.S. Patent No. 7,448,327 related to the company's development of Magnetic Levitation (Maglev) systems. The patent builds on previously issued Patent No. 6,983,701, which recognizes MagneMotion's use of a single magnetic structure to provide suspension, guidance and propulsion of vehicles on a guideway, eliminating a level of complexity and costs found in other Maglev systems.

MagneMotion Announces Move to New Headquarters in Devens, Massachusetts
Acton, Massachusetts (August 29, 2008)
MagneMotion Inc., a developer and manufacturer of Linear Synchronous Motor (LSM) products and systems used in assembly automation, material handling and transportation applications, today announced that it will be moving its corporate headquarters to Devens, Massachusetts within the former Fort Devens complex in December of 2008. The new facility is being built specifically to accommodate MagneMotion's growing needs in the area of linear synchronous motor (LSM) technology development, product manufacturing and testing.

MagneMotion to Showcase Turnkey Transport System at Assembly Technology (ATExpo), Booth #223
Acton, Massachusetts (August 29, 2008)
MagneMotion Inc., a developer and manufacturer of Linear Synchronous Motors (LSM) used for assembly automation, material handling and transportation applications, today announced that it will introduce a new transport system, the MagneMover Shuttle, at the Assembly Technology Expo 2008 from September 23-25, 2008 at the Rosemont Convention Center, Rosemont, IL in Booth #223.

MagneMotion to Introduce Turnkey Transport System at Automation Technology Expo East (ATX East), Booth #3023
Acton, Massachusetts (May 23, 2008)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using Linear Synchronous Motor (LSM) technology, today announced that it will introduce a new transport system, the MagneMover™ Shuttle, at the Automation Technology Expo East (ATX) 2008 from June 3-5, 2008 at the Jacob K. Javits Convention Center, New York, NY in Booth #3023.

MagneMotion Forges Sales Channel Relationship in Italy
Acton, Massachusetts (May 16, 2008)
MagneMotion, a developer and manufacturer of Linear Synchronous Motors (LSM) and controls for manufacturing and assembly automation, material handling and transportation applications, announced today that it has signed a sales representative agreement with Servotecnica S.p.A. of Nova Milanese Italy.

MagneMotion Establishes Sales Channel Partner in Southeast Asia
Acton, Massachusetts (May 16, 2008)
MagneMotion, a developer and manufacturer of Linear Synchronous Motors (LSM) and controls for manufacturing and assembly automation, material handling and transportation applications, today announced that it has signed a sales representative agreement with Servo Dynamics Pte Ltd of Singapore.

MagneMotion Announces Sales Channel Partner in Korea
Acton, Massachusetts (May 16, 2008)
MagneMotion Inc., a developer and manufacturer of Linear Synchronous Motors (LSM) and controls for manufacturing and assembly automation, material handling and transportation applications, announced today that it has signed a sales representative agreement with JungWoo Factory & Bio-mechanics (JungWoo F&B) in Korea.

MagneMotion Awarded $6.3 Million for Maglev Transit System Development
Acton, Massachusetts (January 15, 2008)
MagneMotion Inc., a developer and manufacturer of transportation, automation and material handling solutions using electro-magnetic technology, today announced that it has been awarded $6.3 million under a cooperative agreement with the US Federal Transit Administration (FTA) for development of a magnetic levitation (maglev) system targeting the urban transportation sector. The company will team with Old Dominion University.

Dr. Richard Thornton to Present at the ICEMS 2007 Conference in Seoul, Korea
Acton, Massachusetts (October 5, 2007)
MagneMotion Inc. of Acton, MA today announced that Dr. Richard Thornton, Chairman and CEO of MagneMotion, will present a paper entitled “The Future of Maglev” on October 10th at the 2007 International Conference on Electrical Machines and Systems (ICEMS) Conference. The paper presents Dr. Thornton’s insight and vision concerning the potential for Maglev and linear motor technology to create improved transportation systems for a wide range of applications.

MagneMotion to Exhibit Optimized Conveyance and Guideway Solutions at 2007 Assembly Technology Expo, Booth #235
Acton, Massachusetts (August 3, 2007)
MagneMotion, a developer and manufacturer of linear synchronous motors and controls for assembly automation, material handling and transportation applications, today announced that it will be exhibiting its MagneMover track solution and integrated QuickStick™ LSM System at the Assembly Technology Expo (ATExpo). The event will take place September 25-27, 2007, at the Donald E. Stephens Convention Center in Rosemont/Chicago, Illinois.

MagneMotion to Exhibit at Automation Technology Expo (ATX) East 2007, Booth 3319
(Headline and summary only)
Acton, Massachusetts (May 3, 2007)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced that it will be exhibiting its Linear Synchronous Motor (LSM) based transport and positioning solutions in Booth #3319 at the Automation Technology Expo East (ATX) 2007 from June 12-14, 2007 at the Jacob K. Javits Convention Center, New York, NY. MagneMotion will feature its QuickStick® Linear Synchronous Motor (LSM) technology, with demonstration models that show the latest advances in automated payload propulsion, control, positioning and traffic management on a guideway system.

MagneMotion To Speak At International Electric Machines And Drives Conference
(Headline and summary only)
Acton, Massachusetts (March 26, 2007)
Dr. Brian Perreault, vice president of controls at MagneMotion, will present at the International Electric Machines and Drives Conference (IEMDC) taking place May 3-5, 2007 in Antalya, Turkey. During his presentation, “Control Strategies for Linear Synchronous Motors” Dr. Perreault will summarize both the advantages and challenges linear motors present when utilized to propel and control vehicles on a guideway. He will present methods for managing a system whereby linear motors can be stacked end to end to allow long distance movement, provide known position at all times, and enable anti-collision capabilities. Dr. Perreault will further discuss strategies for operating multiple vehicles safely under the constraints of linear motor block-based control.

MagneMotion to Speak at International Automated People Movers 2007 Conference
Acton, Massachusetts (March 26, 2007)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced that Dr. Tracy Clark, vice president of technology at MagneMotion, will present at the 11th International Automated People Movers (APM07) conference taking place April 22-25, 2007 in Vienna, Austria. During his presentation, “Maglev Personal Rapid Transit (PRT),” Dr. Clark will discuss how MagLev technology can be adapted to a PRT system to potentially satisfy all urban transit needs, including trips from metropolitan centers to relatively remote airports.

MagneMotion Appoints New VP of Sales and Marketing
Acton, Massachusetts (March 05, 2007)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced that it has named Peter Mattila vice president of sales and marketing. Mattila is returning to MagneMotion, where he previously served for 5 years as the director of business development and helped the company establish product opportunities with leading industrial players. He will lead MagneMotion’s marketing and business initiatives, including developing key partnerships to further drive the company’s growth.

MagneMotion to Exhibit at Passenger Terminal Expo 2007
Acton, Massachusetts (February 21, 2007)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced that it will be exhibiting its Linear Synchronous Motor solutions for both Airport Baggage Handling and Automated People Movers at the Passenger Terminal Expo 2007 from March 27-29, 2007 at Fira de Barcelona in Barcelona, Spain.

MagneMotion's VP of Controls To Speak At Motor & Drive Systems Conference
Acton, Massachusetts (January 24, 2007)
Dr. Brian Perreault, Vice President of Controls at MagneMotion, will present at the Motor & Drive Systems Conference, taking place February 7-8, 2007, at the Fairmont Hotel in Dallas, Texas. During his presentation, “Control of a Linear Motor-Based Transportation Network,” Dr. Perreault will provide an overview of linear synchronous motors including their characteristics, benefits, applications and major improvements in the technology.

MagneMotion Unveils New Design and Build Capabilities for Optimizing Modular Track Solutions 2007
Acton, Massachusetts (December 18, 2006)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced the launch of MagneMover® DB 1.0, a new modular track designed to compliment its QuickStick™ Linear Synchronous Motor (LSM) technology. MagneMover DB 1.0 is designed for material handling requirements in the 50-500kg payload range and is the first product in the MagneMover Design series. The track system is compatible with MagneMotion’s 100, 500 and 500HT QuickStick™ LSM.

MagneMotion To Exhibit At ProMat 2007
Acton, Massachusetts (November 7, 2006)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced that it will be exhibiting its new modular track designed for material handling and assembly automation at ProMat 2007, taking place January 8-11, 2007, at the McCormick Place South in Chicago, Illinois.

MagneMotion Closes $3 Million in Mezzanine Round of Funding
Acton, Massachusetts (September 26, 2006)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced it has secured a $3 million mezzanine round of funding from new and existing investors. The round is led by Massachusetts Capital Resource Company (MCRC). MagneMotion received $2 million in equity and $1 million in subordinated debt financing; proceeds will be used to fuel the rapid growth and market penetration of its linear synchronous motor (LSM) and core development of its magnetic levitation
(MagLev) technologies.

MagneMotion to Exhibit at 2006 Assembly Technology Expo
Acton, Massachusetts (September 5, 2006)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced that it will be exhibiting its QuickStick™ Linear Synchronous Motor (LSM) solutions at Booth #1650 at the Assembly Technology Expo (ATExpo), taking place September 26-28, 2006, at the Donald E. Stephens Convention Center in Rosemont/Chicago, Illinois.

MagneMotion Selects Racepoint Group as Agency of Record
Waltham, Massachusetts (August 28, 2006)
Racepoint Group, Inc., one of the fastest-growing public relations and marketing consultancies focused on emerging leaders in the technology, health and science industries, today announced that MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, has selected Racepoint Group as its agency of record. MagneMotion will work with Racepoint to elevate its visibility in the business, trade and analyst communities through an extensive thought leadership campaign.

Magnemotion Announces The Addition Of Marketing Strategist Jae-Bok Young To Manage Pacific Rim
Acton, Massachusetts (August 21, 2006)
MagneMotion, a developer and manufacturer of assembly automation, material handling and transportation solutions using electro-magnetic technology, today announced the addition of Jae-Bok Young as a senior account manager. Mr. Young will lead MagneMotion in managing its Korean activity and Pacific Rim efforts, focusing his efforts initially in the electronics, semi-conductor and LCD industries.

MagneMotion Granted U.S. Patent of its Magnetic Levitation System
Acton, Massachusetts (July 24, 2006)
MagneMotion announced today that its magnetic levitation system (MagLev) has been awarded U.S. Patent No. 6,983,701. The patent recognizes MagneMotion's use of a single magnetic structure to provide suspension, guidance and propulsion of vehicles on a guideway, eliminating a level of complexity and costs found in other MagLev systems. MagneMotion's MagLev development efforts are geared towards the urban environment and represent an alternative to light rail and automated people movers.

MagneMotion Electro-Magnetic Technology To Boost LCD Production For Shinsung Eng’s Customers
Acton, Massachusetts (June 5, 2006)
MagneMotion announced today that its QuickStick Linear Synchronous Motor (LSM) System will serve as a major sub-system for Shinsung ENG.’s Fab Automation System (FAS) for LCD (Liquid Crystal Display) panel manufacturing. QuickStick modules and integrated controls will be used in the OHS (Over-Head System). The QuickStick LSM System’s controlled movement, precise indexing, and ease of integration were key factors in Shinsung ENG’s decision-making process.

MagneMotion Co-founder Delivers Presentation on LSM Design and Shipboard Applications to Naval and Marine Engineering Societies in New York City.
(Headline and summary only)
Acton, Massachusetts (January 18, 2006)
MagneMotion announced today that Chairman and CEO, Dick Thornton, presented an overview of shipboard Linear Synchronous Motor (LSM) applications to an assembly of Naval and Marine Engineering Societies on Tuesday, January 17, 2006. Attendees included members from the Eastern branch of The Institute of Marine Engineers, Science & Technology (IMarEST), who hosted the event, The American Society of Naval Engineer’s (ASNE), the Society of Naval Architects & Marine Engineers (SNAME), and The Society of Marine Port Engineers (SMPE). Topics covered in the presentation included the latest LSM technology advancements, design, scalability, performance, benefits of use, and applications including MagneMotion’s LSM elevator for the US Navy.