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Lionax & Semefab Collaborate to Develop Next Generation Digital Pressure Sensor for TPMS


PARIS, April 2 /PRNewswire-FirstCall/ -- Lionax Inc. and Semefab Ltd. (Scotland) announce a collaboration to develop a next-generation digital pressure sensor for tyre pressure monitoring system (TPMS). Semefab and Lionax have collaboratively reviewed a product design and defined a MEMS process for production at Semefab, Glenrothes, Scotland.

This project aims to produce a higher performance, lower cost product compared to existing technologies; pressure sensor technology has traditionally used either Piezo-resistive or capacitive MEMS technology, whereas the new Lionax patented digital pressure sensor will use a revolutionary Ring Oscillator technology.

The TPMS market has become even more lucrative since the introduction of the T.R.E.A.D. Act in America, which mandates that all new passenger vehicles and light trucks manufactured after September 2007 be equipped with TPMS. This has opened up a potential EUR4 billion OEM TPMS marketplace.

Allan James, Joint Managing Director of Semefab said, "We are very excited to work with Lionax on this project. Ring oscillation is a unique design that is not currently available in the market. Semefab will dedicate resource and expertise to make it happen in 2008."

James Yang, CEO Lionax Inc. said, "It is a great honour to work with a renowned company like Semefab to commercialise our technology. We are confident that this new digital pressure sensor will enhance our leadership position in the TPMS market and will bring additional applications beyond the automotive industry."

About Lionax:

The Company, listed on Euronext, the Paris stock exchange with stock symbol "MLION", designs and develops innovative Tire Pressure Monitoring System (TPMS); navigation integrated product with GPS, TPMS and rear view camera; and digital pressure sensor for automotive industry. Lionax's products help its customers to enhance safety, save money and meet regulatory requirements affordably. LIONAX makes this possible through technology innovation, manufacturing excellence, research leadership and best-in-class team of scientists, engineers and management based in China and the USA.

    Contacts:
    Financial Dynamics France:
    Press Contact
    Elodie Marchand
    elodie.marchand@fd.com
    Phone: +33-1-47-03-68-17

    Investor Relations
    Valery Lepinette
    valery.lepinette@fd.com
    Phone:+33-1-47-03-68-62



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