May 30 Wednesday
May 30, 2012

Celeritive Technologies Signs Agreement with Spirit AeroSystems.

CAVE CREEK, AZ, May. 30th, 2012– Celeritive Technologies, Inc., developers of VoluMill™ – The Pathway to Competitive Manufacturing through Ultra High-Performance Toolpath Innovations, announced today that it has signed an agreement with Spirit AeroSystems (NYSE: SPR), headquartered in Wichita, Kansas for the use of Celeritive’s VoluMill technology.
VoluMill’s patent-pending technology generates toolpaths that produce a consistent material removal rate. Their smooth, flowing motion establishes and maintains ideal milling conditions in any part shape. Reduced forces on the spindle and cutting tool enable machining hardware to be safely utilized to its full capabilities. Uniform chip formation and excellent heat dissipation result in the previously unachievable combination of dramatically reduced cycle times and significantly extended cutting-tool life.
“This opportunity to work with Spirit AeroSystems, one of the world’s largest non-OEM designer and manufacturer of aerostructures, is without doubt an important milestone demonstrating our continued growth and commitment to the manufacturing industry,” says Terry Sorensen, CEO for Celeritive.

About Spirit AeroSystems:
Spirit AeroSystems, with headquarters in Wichita, Kan., USA, is one of the world's largest non-OEM designers and manufacturers of aerostructures for commercial aircraft. In addition to its Wichita and Chanute facilities in Kansas, Spirit has locations in Tulsa and McAlester, Okla.; Kinston, N.C.; Prestwick, Scotland; Preston, England; Subang, Malaysia; and Saint-Nazaire, France. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America, Europe and Asia. Spirit Europe produces wing components for a host of customers, including Airbus.

About Celeritive Technologies:
Celeritive Technologies, developers of VoluMill, is one of the world’s leading CAD/CAM technology innovators specializing in ultra high-performance toolpath solutions for the manufacturing industry. The guiding philosophy at Celeritive is to develop and supply economical and simple to implement toolpath generation solutions that allow CNC machine tools and cutting tools to operate at peak performance. Through dramatically reduced cycle times, manufacturing operations become more profitable, flexible, competitive, and maximize return on their capital investments. Located in Cave Creek, Arizona, Celeritive Technologies was founded by industry leading experts highly proficient in machining, programming and software development. For additional information, visit www.volumill.com.
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