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	<title>Puku</title>
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	<link>http://www.puku.co.nz</link>
	<description>Ideas. Design. IP</description>
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		<title>R&amp;D in a small technology-focused business (NZ Science Review)</title>
		<link>http://www.puku.co.nz/2011/07/26/rd-in-a-small-technology-focused-business-nz-science-review/</link>
		<comments>http://www.puku.co.nz/2011/07/26/rd-in-a-small-technology-focused-business-nz-science-review/#comments</comments>
		<pubDate>Tue, 26 Jul 2011 01:22:28 +0000</pubDate>
		<dc:creator>Jamie</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.puku.co.nz/?p=751</guid>
		<description><![CDATA[By Dan McElrea, CEO, Puku Ltd From the NZ Science Review, Vol 68(1) 2011, page 42. Download available here. Introduction Puku is a specialist fastener company which has invested heavily in intellectual property (IP), with a particular emphasis on heli-...]]></description>
			<content:encoded><![CDATA[<p><em>By Dan McElrea, CEO, Puku Ltd</em></p>
<p>From the NZ Science Review, Vol 68(1) 2011, page 42.<br />
<a href="http://www.scientists.org.nz/files/journal/2011-68/NZSR_68_1.pdf">Download available here.</a></p>
<p><span id="more-751"></span></p>
<h3>Introduction</h3>
<p>Puku is a specialist fastener company which has invested heavily in intellectual property (IP), with a particular emphasis on heli- cally based connections. We focus on developing and licensing great ideas to licensee partners, who are, or want to be market leaders, and who are experts at manufacture, marketing, and distribution.</p>
<p>Puku’s family of technologies use two simple mechanical properties, elasticity and friction, in unique ways that connect elements with very reliable ‘self-locking’ forces.</p>
<p>Puku’s technologies are safer, cheaper, and quicker to oper- ate than others. They solve real problems for consumers, and create game-changing opportunities for our licensee partners.</p>
<h3>Innovative helical devices</h3>
<p>Most people know that a spring expands and contracts longitu- dinally but most don’t know that you can change its diameter by pushing or pulling or twisting the spring. A Chinese finger trap demonstrates the same principal. Using a helix to connect things is something that appears to have been almost completely overlooked by engineers throughout history. For this reason we have a very strong IP situation with our Helical patents, so much so that we have managed to patent the Chinese finger trap as a pipe connection mechanism (see Figure 1).</p>
<p>I invested in Puku about two years ago now and it has been quite a journey. Last year we were focused on our golf driver technology – the ability to change loft, lie and face angle of the driver, which is the latest technology. Figure 2 depicts the Titleist take on dual axis technology.</p>
<p>How the incumbent technology works is that the pin at the end of the shaft is bent so the orientation of the head relative to the shaft changes depending on how you put the shaft to the hosel. The cone that the shaft defines translates to a head moving around in such a way that you can adjust to the left and up or to the right and down. Our invention was the addition of an eccen- trically bored out sleeve which allows dual axis adjustment.</p>
<p>We looked at the sleeve and realised there was an opportunity to wedge the sleeve into the hosel as a way of connecting the shaft – a three-part dynabolt if you will.</p>
<p>Well, the push and wedge connection system relied on having the angles worked out very precisely. This is where we developed this test rig here, so if the angles were wrong in such a way that we could get the connection but not release it we could unscrew the rig and push the pin and sleeve out. I distinctly remember last November sitting in our second office, Burger King Hillcrest, with Simon and one of our engineers in a great state of excitement almost shouting, ‘Oh my God, this could connect almost anything’. We could not think of a connection system that was so simple, so fast to connect and disconnect, and so strong.</p>
<p>The next prototype was for cable connections that water or air could run through. We didn’t realise at the time, but this technology could solve a very large problem with the standard pneumatic connections, which invariably begin leaking in a matter of months because the ball bearings wear the metal they press against.</p>
<p>We knew that garden hose connection systems were less than ideal, so we started thinking that this could be a strong area for development. What we realised was the main problem here was not the quick connect part so much, but where the hose connects to the system.</p>
<p>So back we went to the helix to solve that problem and here is the result – the SpringOnion – seen here in Figure 3. At our AGM a shareholder suggested a by-line of ‘not a leek’.</p>
<p>We had been in preliminary licensing talks with a large man- ufacturer to bring this to market, but progress stopped because they wanted us to complete a whole prototyping and testing cycle and we had run out of money yet again. Luckily at this time our golf technology was becoming hot as the international golfing equipment firm,Titleist announced a new line of clubs with dual angle technology similar in function to ours.</p>
<p>A product that existed at the time I first invested in Puku Ltd was the spring bolt. Figure 4 is the Titanium version of one. It works by mismatching the thread of the nut and the bolt and forcing the spring bolt to stretch as it goes into the nut. This</p>
<p>means it is more difficult to tighten but does not require torquing up, is vibration proof, is shock proof and has some native flex. I should add that the worldwide fastener market is about $60 billion dollars. Vibration is a major problem – it is the enemy of connections.</p>
<p>Towards the end of 2009 , we were visiting a company who uses a lot of screws to connect steel framing, and we hit on the idea of using a spring as a potential replacement for the rivet or metal screws. The spring rivet could well be the biggest op- portunity we have. Advantages of this technology include: being vibration-proof, speed of application, cost, and not requiring a tapped hole. A potential place to enter the market might be as a replacement for micro rivets.</p>
<p>We also have patents under way for external helical drive bits and internal drive bits. Both of these have strong security applications and manufacturing advantages because they can drive a round bolt or nut, or a screw with a tapered hole punched into it, rather than a conventional hex or cross.</p>
<p>So to connect ends of the story, springs were very much top of our minds at the time of the Gulf of Mexico oil spill. I had joked to my family that Puku probably had a solution for the crisis, but thought the leak would be plugged within a week or two. That was not to be. Two weeks later people were talking seriously about ‘nuking’ the well, and film director and inven- tor, James Cameron, of Titanic fame, was getting dragged into brainstorming sessions. I was in Puku’s Ponsonby office (the library) when it dawned on me that we could help, and it was a desperate race from that point to develop, prototype, demon- strate and publish our solution. We don’t know if we were heard by BP, but we do know that the final solution was very much what we were proposing – a pipe within a pipe solution (that at least two marine engineers were very sceptical about).</p>
<h3>The Puku business model</h3>
<p>The Puku business model is licensing. Strategies we use to get large multi-national licensing deals include:</p>
<ul>
<li>Speculative development of technology, e.g. our golf driver technology;</li>
<li>Consultancy with nominal licensing arrangements, e.g. with high-tech firms;</li>
<li>Consultancy and licensing, e.g. with the marine tech and design firm Southern Spars and the motorsports, Williams Race Team;</li>
<li>Manufacture and market a technology on a small scale to prove the market, e.g. with the SpringOnion.</li>
</ul>
<p>We are on the point of success with the first type of develop- ment, and are in active discussions for the others.</p>
<h3>Puku and the innovation system</h3>
<p>How does Puku fit into the innovation system? Puku does not do research as such, or if it does, it is at the very applied end. For Puku, it could be considered that development is research due to the staggering number of discoveries we make as a bi- product of development.</p>
<p>We have good contacts into university engineering schools and we look forward to working with these institutions more in the future, especially in identifying the best applications for our technologies and helping test and accredit our connection systems.</p>
<p>We have had a grant from TechNZ a few years back to research connection systems, and this was certainly helpful. TechNZ events and programmes have provided us with some very worthwhile networking opportunities, for instance the TechNZ Innovation Forum in June last year, where we met such companies as INRO and Aerograph. Another programme allowed us to meet R&amp;D managers from Fisher &amp; Paykel, Gallagher’s, and Framecad. These are very important companies for the likes of Puku, because there are so few manufacturing exporters in New Zealand.</p>
<p>The NZTE market capability (travel) grant has enabled us to visit golf companies these last two years as well as fastener and spring manufacturers and trade fairs. This has been exceed- ingly useful for us and I am sorry to see that this programme has been discontinued.</p>
<h3>Some general observations on R&amp;D in New Zealand</h3>
<p>Clearly national (private and public) spend on R&amp;D is low. However, I saw that half the R&amp;D in the USA is done by the manufacturing sector, and we have a very small manufacturing sector so I guess our low R&amp;D spend is not so surprising.</p>
<p>So why do we have so few successful manufacturing and ex- porting businesses? One reason is that successive governments have allowed a massive over-investment in property, which has crowded out investment in productive businesses. The lack of a compulsory superannuation fund has further starved New Zealand businesses of investment funds.</p>
<p>Because the government has relatively little to spend on R&amp;D, I feel it needs to channel it into a few well-chosen areas. We at Puku strongly believe Cleantech should be one of those areas.</p>
<p>There is a global industrial revolution going on, and New Zealand has a choice of whether to adapt to the new clean econ- omy and prosper, or resign ourselves to being a low value-added commodity economy. Probably of any nation in the world, we have the best brand from which to leverage cleantech exports. We are skilled innovators who can readily meet the challenges of this industrial revolution, but it is a new industry which will need help getting established.</p>
<p>Puku’s model is a very good model for New Zealand as it is a weightless export powered by what New Zealand is best at – coming up with world-leading ideas.</p>
<p>What got us into business was market pull (in textbook fash- ion) with our golf technology, but now we have a collection of unique patented connections and articulations, and our challenge is to seek out the best industries and applications for those. We need to see blood on the floor in wealthy industries – medical and mining industries make a good starting point.</p>
<p>From the NZ Science Review, Vol 68(1) 2011, page 42.<br />
<a href="http://www.scientists.org.nz/files/journal/2011-68/NZSR_68_1.pdf">Download available here.</a></p>
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		<title>Simon Moore to speak at WaiCAM 2010 Symposium</title>
		<link>http://www.puku.co.nz/2010/11/10/simon-moore-to-speak-at-waicam-2010-symposium/</link>
		<comments>http://www.puku.co.nz/2010/11/10/simon-moore-to-speak-at-waicam-2010-symposium/#comments</comments>
		<pubDate>Wed, 10 Nov 2010 07:54:34 +0000</pubDate>
		<dc:creator>Jamie</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.puku.co.nz/?p=723</guid>
		<description><![CDATA[This Friday (12th November) Puku CTO Simon Moore will be presenting at WaiCam 2010, a science symposium to be held at Waikato University. The symposium is focused on titanium research, development and commercialisation and will be attended by a diverse...]]></description>
			<content:encoded><![CDATA[<p>This Friday (12th November) Puku CTO Simon Moore will be presenting at WaiCam 2010, a science symposium to be held at Waikato University.</p>
<p>The symposium is focused on titanium research, development and commercialisation and will be attended by a diverse set of academics and industry professionals. Simon&#8217;s topic explores how the use of helices can change physical properties of metal. In particular, how a helix form can increase elasticity of Titanium which presents opportunities for biomedical applications.</p>
<p>For more information, see the <a href="http://sci.waikato.ac.nz/waicam/">WaiCAM website</a></p>
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		<item>
		<title>Puku&#8217;s Spring Bolt is a Star</title>
		<link>http://www.puku.co.nz/2010/07/22/pukus-spring-bolt-is-a-star/</link>
		<comments>http://www.puku.co.nz/2010/07/22/pukus-spring-bolt-is-a-star/#comments</comments>
		<pubDate>Wed, 21 Jul 2010 14:28:32 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[spring bolt tida puku]]></category>

		<guid isPermaLink="false">http://www.puku.co.nz/?p=698</guid>
		<description><![CDATA[A research and development centre to capitalise on pioneering New Zealand titanium technology &#8211; including bendable bolts &#8211; has been opened in Tauranga. The Applied Powder Metallurgy Centre will help companies develop and test revolutionary titanium products. Titanium &#8211; the...]]></description>
			<content:encoded><![CDATA[<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;"><img class="alignnone" title="Pukus Spring Bolt is a Star" src="http://media.nzherald.co.nz/webcontent/image/jpg/050710SPLBOLT_220x147.jpg" alt="" width="330" height="220" /></p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">A research and development centre to capitalise on pioneering New Zealand titanium technology &#8211; including bendable bolts &#8211; has been opened in Tauranga.</p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">The Applied Powder Metallurgy Centre will help companies develop and test revolutionary titanium products.</p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">Titanium &#8211; the metal with the best strength-to-weight ratio &#8211; is used for aerospace, industrial, medical and automotive products.</p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">Its uses include hip joints, metal plates for implants, surgical tools, cogs, nozzles, jet engine parts, sports equipment, filters and advanced coatings.</p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">The bendable bolts are particularly effective when used with self-locking nuts.</p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">The centre has been set up by the Titanium Industry Development Association with funding from Trade and Enterprise.</p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">Tauranga firm Titanox Developments has come up with the process for turning titanium metal powder into solid objects.</p>
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">
<p style="margin-top: 0px; margin-right: 0px; margin-bottom: 12px; margin-left: 0px; padding: 0px;">Reference and more: <a href="http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&amp;objectid=10656788">http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&amp;objectid=10656788</a></p>
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		<title>Puku&#8217;s CEO Interviewed on National Radio in NZ</title>
		<link>http://www.puku.co.nz/2010/07/20/pukus-ceo-interviewed-on-national-radio-in-nz/</link>
		<comments>http://www.puku.co.nz/2010/07/20/pukus-ceo-interviewed-on-national-radio-in-nz/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 04:40:45 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.puku.co.nz/?p=694</guid>
		<description><![CDATA[Here is a short radio interview with Dan McElrea &#8211; CEO of Puku Ltd]]></description>
			<content:encoded><![CDATA[<p>Here is a short radio interview with Dan McElrea &#8211; CEO of Puku Ltd</p>
<p><object classid="clsid:6bf52a52-394a-11d3-b153-00c04f79faa6" width="100" height="100" codebase="http://activex.microsoft.com/activex/controls/mplayer/en/nsmp2inf.cab#Version=5,1,52,701"><param name="url" value="http://static.radionz.net.nz/assets/audio_item/0019/2351800/sat-20100717-0810-Dan_McIlrea_slinky_solutions-m048.asx" /><embed type="application/x-mplayer2" width="100" height="100" src="http://static.radionz.net.nz/assets/audio_item/0019/2351800/sat-20100717-0810-Dan_McIlrea_slinky_solutions-m048.asx"></embed></object></p>
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		<title>iLLFA: Puku leads &amp; Golf OEMs follow?</title>
		<link>http://www.puku.co.nz/2010/07/15/illfa-puku-leads-golf-oems-follow/</link>
		<comments>http://www.puku.co.nz/2010/07/15/illfa-puku-leads-golf-oems-follow/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 14:37:12 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Golf Tech]]></category>
		<category><![CDATA[acushnet patent r9 str8 titleist 910 driver surefit loft lie face angle independent adjustment USGA]]></category>

		<guid isPermaLink="false">http://www.puku.co.nz/?p=682</guid>
		<description><![CDATA[We have been developing, patenting, and championing iLLFA (independent Loft Lie and Face Angle adjustment) for golf drivers for over two years. At last one of the big golf companies has released an offering  with independent adjustment. How independent we can not be...]]></description>
			<content:encoded><![CDATA[<p>We have been developing, patenting, and championing <span style="color: #ff0000;"><strong>iLLFA</strong></span> (<strong><span style="color: #ff0000;">i</span></strong>ndependent <strong><span style="color: #ff0000;">L</span></strong>oft <strong><span style="color: #ff0000;">L</span></strong>ie and <strong><span style="color: #ff0000;">F</span></strong>ace <strong><span style="color: #ff0000;">A</span></strong>ngle adjustment) for golf drivers for over two years.</p>
<p>At last one of the big golf companies has released an offering  with <strong>independent </strong>adjustment. How independent we can not be sure yet &#8230;.. but they claim some &#8230;.</p>
<p>Still at least Titleist , with their new 910 drivers featuring &#8216;surefit&#8217;, have made a stake in the ground for the industry to follow&#8230;.</p>
<p>Of course our iLLFA version is likely to be much better! &#8211; and with sexy indexing to boot &#8211; and (naturally) we are expecting the other OEMs to beat down our door tomorrow!</p>
<p>Thought _ Offering <strong>non independent</strong> LLFA is like:</p>
<ol>
<li>a waiter saying <em><span style="color: #993366;">&#8220;Sorry  _  if you want the soup for a starter &#8230;..  you <strong>can only</strong> have the steak for your main,  and apple pie for dessert&#8221;</span></em></li>
<li><span style="color: #993366;"><span style="color: #333333;">a shop assistant saying</span><em> <em><span style="color: #993366;">&#8220;Sorry  _  if you want the black shoes &#8230;..  you <strong>can only</strong> have grey trousers,  and blue shirt&#8221;</span></em></em></span></li>
</ol>
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		<item>
		<title>At last _ BP have their solution _ I think!</title>
		<link>http://www.puku.co.nz/2010/07/15/at-last-_-bp-have-their-solution-_-i-think/</link>
		<comments>http://www.puku.co.nz/2010/07/15/at-last-_-bp-have-their-solution-_-i-think/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 14:25:22 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[BP Gulf Solution]]></category>

		<guid isPermaLink="false">http://www.puku.co.nz/?p=679</guid>
		<description><![CDATA[Well &#8211; we tried hard &#8211; but sadly could not get our helical jam solution in front of BP (at the right level). It is interesting how things have panned out &#8230;&#8230;&#8230; In the end BP used a process a...]]></description>
			<content:encoded><![CDATA[<p>Well &#8211; we tried hard &#8211; but sadly could not get our helical jam solution in front of BP (at the right level).</p>
<p>It is interesting how things have panned out &#8230;&#8230;&#8230; In the end BP used a process a little akin to part of our suggestion &#8211; but without the helical jam.</p>
<p>BP removed the flange via loosening the 6 large bolts and then inserted a connector device which <span style="text-decoration: underline;">was inserted INTO the oil flow</span>&#8230;. Here at Puku we have been saying this could be done but a lot of people said &#8211; &#8220;no no no &#8211; can&#8217;t do&#8221; &#8211; because of the high pressure and flow, or the debris within the pipe ( ie the remnant drill pipe and casing).</p>
<p>That aside &#8211; it is amazing how long it took to turn off a big tap .</p>
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		<title>Puku on Close Up &#8211; Can Kiwi ingenuity save BP and the Gulf of Mexico?</title>
		<link>http://www.puku.co.nz/2010/06/26/close-up-item-can-kiwi-ingenuity-save-bp-and-the-gulf-of-mexico/</link>
		<comments>http://www.puku.co.nz/2010/06/26/close-up-item-can-kiwi-ingenuity-save-bp-and-the-gulf-of-mexico/#comments</comments>
		<pubDate>Sat, 26 Jun 2010 05:59:29 +0000</pubDate>
		<dc:creator>dan</dc:creator>
				<category><![CDATA[BP Gulf Solution]]></category>

		<guid isPermaLink="false">http://www.puku.co.nz/?p=669</guid>
		<description><![CDATA[We are really happy with the response to the Close Up item that went to air on Thursday (24th June). We had a member of the public set up a facebook page for us called &#8220;Hey BP &#8211; the Kiwis...]]></description>
			<content:encoded><![CDATA[<p>We are really happy with the response to the Close Up item that went to air on Thursday (24th June). We had a member of the public set up a facebook page for us called &#8220;Hey BP &#8211; the Kiwis have the answer.. are you listening?&#8221;.  Thank you Helen!  Our story and feeds are being sent on to some very influential people in the US and in BP.   A big thank you to everyone who is helping us to help the Gulf.</p>
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		<title>Rediscovery</title>
		<link>http://www.puku.co.nz/2009/09/15/rediscovery/</link>
		<comments>http://www.puku.co.nz/2009/09/15/rediscovery/#comments</comments>
		<pubDate>Mon, 14 Sep 2009 19:52:02 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.puku.co.nz/?p=509</guid>
		<description><![CDATA[One of the nice things that keeps occurring is I rediscover notions I knew, and  strangely it is almost as if they are &#8220;new-to-me&#8221; again! An example of rediscovery: In 2003, when developing the cam-operated mechanism we used in the...]]></description>
			<content:encoded><![CDATA[<p>One of the nice things that keeps occurring is I rediscover notions I knew, and  strangely it is almost as if they are &#8220;new-to-me&#8221; again!</p>
<p>An example of rediscovery:</p>
<ol>
<li>In 2003, when developing the cam-operated mechanism we used in the Puku putter  we decided to <span style="color: #993366;"><strong>mirror </strong></span>finish a surface for a better <a href="http://en.wikipedia.org/wiki/Interference_fit" target="_blank">interference fit</a></li>
<li>In 2009 &#8211; yesterday, in testing a sample of the new Puku vDove technology for wear issues, I found the <span style="text-decoration: underline;">more it wore the better it became</span> &#8211; which surprised me &#8211; until I realized the wear was creating a <span style="color: #993366;"><strong>mirror </strong></span>like finish!</li>
</ol>
<p><span style="color: #ffffff;">..</span></p>
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		<title>Nice patent progress today &#8230;</title>
		<link>http://www.puku.co.nz/2009/09/07/329/</link>
		<comments>http://www.puku.co.nz/2009/09/07/329/#comments</comments>
		<pubDate>Mon, 07 Sep 2009 06:12:29 +0000</pubDate>
		<dc:creator>simon</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://puk2.webspring.co.nz/puku.co.nz/dev/root/?p=329</guid>
		<description><![CDATA[Great news to day &#8211; a very good PCT examination report for one of our patents in process  &#8211; This technology can take pipe connection to a new level of safety &#8230;. and uses some aspects you see in the...]]></description>
			<content:encoded><![CDATA[<p><strong>Great news to day</strong> &#8211; a very good <a title="PCT" href="http://en.wikipedia.org/wiki/Patent_Cooperation_Treaty" target="_blank">PCT</a> examination report for one of our patents in process  &#8211; This technology can take pipe connection to a new level of safety &#8230;. and uses some aspects you see in the <a href="http://en.wikipedia.org/wiki/Chinese_finger_trap" target="_blank">Chinese Finger Trap</a> and self locks pipe elements together in a vibration/ shock/thermally resistant manner.</p>
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