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NAC Global Technologies Awarded Contract for Next Generation Helicopter Landing Gear Drives

JACKSONVILLE, FL - (NewMediaWire) - May 11, 2015 - NAC Global Technologies (OTCQB: NACG) today announced it has entered into an agreement to supply NAC drives into a rotary wing aerospace application. NAC's harmonic gearing drives will be incorporated into the crafts landing gear assemblies. Anticipated annualized revenues for the application exceed $500,000 with first unit deliveries scheduled for May, 2015 and production ramping in 2016. As a new generation craft, the project is expected to continue for a minimum of 5 years and can exceed 10 years according to the craft manufacturer. 

Vincent Genovese, Chairman and CEO of NAC, said, "NAC's drives technology provides the characteristics generally beneficial to aerospace applications, those being: high torque in a small, lightweight package, high input-to-output ratios that allow for small actuator motors, long life, and precision performance in a wide operating temperature and altitude range. Typical operational temperature ranges are -40 ºC to + 100 ºC which are well within our scope. We are pleased to see our drives selected for the application and are looking forward to long relationship with craft's manufacturer and build team at large." 

About NAC Global Technologies

NAC Global Technologies is a development and manufacturing company. Its platform harmonic gearing technology is utilized in the automation, robotics, and the defense industries, and the company is engaged in application of its drives in emerging technologies including advanced robotics and clean energy. Expanding beyond it platform HGT product line, the company has a strategic initiative in place for the introduction of new non-hazardous, non-volatile, environmentally friendly fuel cells suitable for use in aircraft and portable power.

The Company has its corporate headquarters in Jacksonville, FL, and has one operating subsidiary, NAC Drive Systems Inc. NAC manufactures and warehouses products in Port Jervis, NY and in Beijing, China via a strategic partnership agreement with CTKM Beijing Harmonic Drive, Ltd., the national HGT supplier to the China Space Agency. More Information is available at:

Forward-looking Statements This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as "expect," "believe" or "plan," by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.