Space Micro and DR Technologies announce Strategic Alliance SAN DIEGO, CA – November 2, 2007 - Space Micro Inc and DR Technologies Inc. today announced that they have formed a strategic alliance that will see the two companies expand their relationship to bring radiation hardened structures to the military and space market. The two San Diego-based companies will work together to support the development, testing and marketing of new technologies and products related to intelligent, multifunctional structures for space and military applications. "We are pleased to announce this latest development in our relationship with DR Technologies, and what we believe to be an important step forward in our strategy for long-term growth," said Space Micro's President and CEO David J. Strobel. Carl Edwards, Director of the Advanced Materials Division at Space Micro, said “ We are excited to have this agreement in place. so that we can leverage the combined talents at the two companies and develop the next generation solutions required by the space and military markets.” "Space Micro has long recognized the potential of combining functions into spacecraft structures for our customers worldwide," added Mr. Strobel. "Our most recent work has focused on strategies to move our patent pending radiation shielding technologies into production”. "DR Technologies is very excited to see a strong commitment from Space Micro for this radiation hardened structures initiative. Space Micro’s radiation shielding technologies integrated with DR Technologies’ advanced composite structures manufacturing technologies enables our Team to provide integrated solutions to benefit our customers worldwide," said Lyle Dunbar, CEO of DR Technologies. Space Micro and DR Technologies have a solid past working relationship which included SBIR projects for the Missile Defense Agency (MDA) MKV program. Both companies have been recently recognized in the Inc. 5000 Fast Growth and San Diego's Business Journal’s “Fast 100” awards for their rapid growth. About Space Micro Inc. Founded in 2002 as a satellite technology research and development company, Space Micro Inc. is a leader in taking technologies from the commercial sector and applying these to meet the needs of the Space, Aerospace, Military, and Domestic Security markets. Space Micro is a pioneer in providing radiation-hardened by design solutions for advanced electronic systems and microelectronics, including the development of the world’s fastest small space computers such as the Proton200kTM. Other Space Micro innovations include the Proton300K™; TTMR™; H-Core™ and Radsite™. Space Micro is an employee-owned company based in San Diego, CA, USA. About DR Technologies, Inc. DR Technologies, Inc., headquartered in San Diego, CA, develops and manufactures advanced composite structural products for aerospace and defense applications. DR Technologies owns and operates three wholly-owned subsidiary companies: Vanguard Composites Group, Inc., San Diego, CA; V System Composites, Inc., Anaheim, CA; and Vector Composites, Inc., Dayton, OH. DR Technologies is a privately-held company whose markets and products include satellite structures, antenna reflectors, and optical benches for space structure components; military and commercial aircraft structural components and sub-assemblies; structures for missile defense system components; and space solar power components and assemblies. Further information on DR Technologies and its subsidiary companies can be found at www.drtechnologies.com. - END –
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