July 25, 2011

Alcoa Fastening Systems Extends Territory of its Acument Torx Plus® Drive License

Alcoa Fastening Systems (AFS) announces that it has signed an amendment to its current Torx Plus® drive license agreement with Acument® Global Technologies, Inc. (Acument), one of the world’s leading providers of mechanical fastening systems. This amendment extends the territory of the original patent license agreement to allow manufacturing in the United Kingdom, France and Germany.

Torrance, California…. Alcoa Fastening Systems (AFS) announces that it has signed an amendment to its current Torx Plus® drive license agreement with Acument® Global Technologies, Inc. (Acument), one of the world’s leading providers of mechanical fastening systems. This amendment extends the territory of the original patent license agreement to allow manufacturing in the United Kingdom, France and Germany. "This amendment paves the way for further cooperation between our two companies and enables AFS to better serve our European customers from our newly acquired facilities in the United Kingdom," said Craig Brown, Vice President, Global Aerospace Customers and Marketing. "We look forward to collaborating with Acument to extend the market for innovative aerospace fasteners with Torx Plus® drive recess. AFS and Acument signed the original patent license agreement in 1993.
 
Alcoa Fastening Systems, a business unit of Alcoa, is a leading worldwide designer and manufacturer of fastening systems including specialty fasteners, fluid fittings, assembly components, and installation systems for aerospace and industrial applications. Headquartered in Torrance, California, the company has over 6,000 employees at 32 manufacturing and distribution/logistics locations, in 11 countries. 
For more information about Alcoa Fastening Systems, visit www.alcoafasteners.com. For information about its complete line of Aerospace Products, please contact Ms. Anne Brown, Manager, Global Marketing Communications, Tel: 1 714 449 4374; Fax: 1714 278 8726; e-mail: anne.brown@alcoa.com.