Released on = January 29, 2007, 1:47 am

Press Release Author = IMTMA

Industry = Industrial

Press Release Summary = Recognizing the best creative designers of machine tools and
equipment at IMTEX'2007, CMTI-PMT Trust awards- India's most prestigious awards for
machine tools players and equipment designers was announced

Press Release Body = Bangalore, January 29, 2007: It is the showpiece award that
every machine tool company and equipment designer looks forward to. The Central
Manufacturing Technology Institute (CMTI) Bangalore & the D L Shah Trust for Applied
Sciences, Technology, Arts & Philosophy, today gave away the awards for the best
creative designers of machine tools and equipment at a function held as part of
IMTEX'2007. The list of winners are:

Metal cutting and removing machines (medium and large enterprises)
Kennametal India Ltd., Bangalore - 3-Axis CNC Modular Lean Machine
Parishudh Machines Pvt. Ltd., Delhi - Vertical Hard Turning and Universal Grinding
Centre

Metal forming and metal joining machines (medium and large enterprises)
Electropneumatics and Hydralulics (India) Pvt. Ltd., Pune - 63 ton Servo Mechanical
Press

Metal forming and metal joining machines (small enterprise)
ETA Technology Pvt. Ltd., Bangalore - Friction Welding Machine with built-in
pre-machining & force control system

Attachment/ accessories/ equipment/ software (small enterprises)
Jointly bagged by Cadem Technologies Pvt. Ltd., Bangalore and Pioneer Computing
Technologies, Bangalore, for their mPOD system for monitoring shop floor
productivity, and TPM- Trak system for monitoring shop floor productivity
respectively.

Also, Acumac Machine Tools Pvt. Ltd., Bangalore for their high speed, high power
spindle unit for machining centres

Presenting the awards to the winners, Chief Guest of the function, C P Rangachar,
President, IMTMA, said," Innovation and capacity enhancement are the biggest
challenges the Indian machine tool industry face today and design and new product
development is key to the Industry's capability to address this challenge. CMTI-PMT
awards are a good initiative to harness these major aspects for Indian manufacturers
and I warmly congratulate the winners of this year's awards."

The CMTI-PMT Trust was established in 1977 under the leadership of the veteran of
the machine tool industry Late Mr. D L Shah. The CMTI-PMT Trust awards are
considered to be the most prestigious awards for the machine tool and equipment
designers. These awards are judged based on the machine tools exhibited at each
edition of IMTEX. The panel of judges is drawn from well known machine tool and
equipment designers, scientists and academicians examine each exhibit as per the
entries and recommend the deserving designers for the awards. These recommendations
are further scrutinized and the list of awardees is finalized by the board of
trustees of the CMTI-PMT Trust.

Bangalore-based CMTI is India's apex institute for R&D and academic research in the
field of manufacturing solutions. The institute plays a vital and leadership role in
the continuing competitiveness and technology leadership of the sector which is
strategic to India's growth.



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