PowerPoint Presentation


COMPARATIVE VACUUM MONITORING (CVM™) TECHNOLOGY


STRUCTURAL

MONITORING SYSTEMS


ASX: SMN


DECEMBER 2015


CVM™ is a tested and proven technology for in-situ, real time monitoring of metal fatigue and structural faults in metal and composite materials in wide range of industries including aviation, civil infrastructure, transportation, defense and construction.


TABLE OF CONTENTS


  1. CORPORATE


  2. FINANCE


  3. CVM™ APPLICATIONS


  4. MANUFACTURING AND ENGINEERING


  5. COMMERCIAL ACTIVITIES AND PROGRAMS


  6. STRATEGIC OUTLOOK


  7. DIRECTORY




CORPORATE


CORPORATE: OVERVIEW


History shows a need for accurate, reliable, in- situ monitoring of the structural integrity of airplanes, bridges, pipelines and buildings.


The traditional testing for evaluating the condition of structures has been static and retrospective, using hand-held tools enacted on tested materials. These techniques fall into two broad categories: Condition Monitoring (CM) and Non Destructive Testing (NDT).


Once tested, the structure is assumed to be safe until the next inspection. However, much can occur to the structure before the next test.


Aside from this uncertainty, manual testing is a continuous, re-occurring, labor intensive procedure that is subject to human error and misinterpretation.


Early techniques developed to assist manual inspection included magnetic testing and dye penetration. These techniques were focused on surface defects only. Subsequent techniques such as x-rays, eddy currents, and ultrasonics could detect internal flaws in materials.

The need to be continuously monitoring structures became known as Structural Health Monitoring (SHM), and it is in this category that SMS's Comparative Vacuum Monitoring (CVM™) technology is the forerunner.


In 1999, Structural Monitoring Systems Ltd (SMS) became owner of CVM™ and began operations in Perth, Western Australia to develop and commercialize the technology.


The parent holding company, Structural Monitoring Systems plc, incorporated in the United Kingdom in 2003 and floated on the Australian Securities Exchange (ASX) in August 2004.


The aviation industry was seen as the perfect application for the CVM™. In the past ten

years, SMS has undertaken multiple programs to gain certification for the use of CVM™ as an accepted method of carrying out periodic and continual maintenance.

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