News and Events
June 2014 - NAC Announces Acquisition of LipidViro Tech
JACKSONVILLE, FL--(Marketwired - Jun 24, 2014) - NAC and LipidViro Tech (OTCBB: LPVO) today announced an acquisition between the two companies. On April 29, 2014 the Company filed an 8-K with the SEC providing the details of the transaction wherein NAC shareholders retained 92.5% of the resulting entity.
Vincent Genovese, Chairman and CEO, said, "We are very pleased to bring NAC into the public market as we enter the next stage of our evolution. This transaction is allowing us to expand operations, accelerate our growth and commence on key initiatives for emerging markets."
The Company's new name will be NAC Global Technologies. A definitive 14C was filed today with the SEC on the planned name change. The Company anticipates the effective date of the Name Change will be July 14, 2014. The Company's OTCBB ticker will remain LPVO for the time being.
January 2012 - NAC Sponsors Embry-Riddle Aeronautical University in NASA Event - Kennedy Space Center, Florida
NAC is proud to announce its sponsorship Embry-Riddle Aeronautical University in the 2012 NASA Lunabotics Mining Competition.
Cambridge, MA USA – Students at Massachusetts Institutes of Technology’s prestigious Media Lab recently benefited by donations of precision of harmonic gearing sets from NAC. The Media Lab “focuses on a broad range of human-machine research, focused on machines with common sense, viral communications, “smart” prostheses, advanced sensor networks, and innovative interface design.” The Media Lab first contacted NAC with the intent to purchase drives as part of a motion control project. Upon learning of tight project budget constraints the students were faced with, NAC opted to donate sets to support the research efforts. Vincent Genovese, NAC’s Vice President of Business Development, explains, “The advancement of knowledge is a core belief of our management team. The donation of drives to MIT is a small tangible step we can take to support a belief we value.” Universities, labs, and students interested in a cooperative relationship with NAC should contact the company at (904) 493-6496 or email email@example.com.
NAC, Inc. in its continuing product line program added two new pancake versions to is line of harmonic gearing component sets. The N-HDA and N-HDF are intended to offer customers easy identification and replacement for existing applications. The N-HDA is replacing the XBF2 as the standard heavy duty pancake set, while the N-HDF is replacing the XB3. While all units remain available for global sales, the new standards are set for all regions outside of Asia. For product and engineering data, please contact NAC Drive Systems, Inc. at 904-493-6096.
July 2009 - N-HDC Product Line offered
NAC expanded it's product offering with the announcement of the N-HDC product lines. Comprising of three versions of the traditional zero-backlash cup type harmonic gear sets, the N-HDC line will be NAC's standard offering for cup style component sets. The line includes both English and Metric standards. Additionally, the English units are available in E1 and E2 versions, designed to meet both new and legacy applications.
June 2009 - NAC Sets New Dimensional and Part Number Standards
Jacksonville, FL - NAC announces it plans to adopt new dimentional standards for its harmonic gear component set product lines along with a new part numbering system. These planned changes are in response to the growing market demands for common sized components. NAC plans to conclude the program by year end. For more information, on existing and new products, please contact NAC at 904.493.6496.
Dec 2008 - Edward Haversang named President
Jacksonville, FL - NAC elected Edward Haversang to the Board of Directors and appointed Mr. Haversang to the position of President. With over 25 years of industrial sales leadership experience, Mr. Haversang comes to NAC to accelerate its global expansion program
Sept 2008 - Contract Won for Custom Gearheads - USA Telescope Applications
NAC notes the winning of a multi-year contract for custom gearheads designed for telescope applications. The precision characteristics of it's zero-backlash drives along with a flexible design largely contributed to the business agreement. For additional information on custom gearhead designs, contact NAC at 904. 493-9496.
Jan 2008 - South American Sales and Service Center Opened - São Paulo, Brasil
NAC is pleased to announce its opening of a South American Sales and Service Center. Continuing is planned global expansion, NAC is actively working to assist the South American markets in precision harmonic gearing applications. Headed by Humberto Ledo, the São Paulo office will provide direct engineering and application assistance. Contact information is: NAC - Rua dos Buritis, 54/90 - Loja 30 - Jabaquara - São Paulo/SP - CEP: 04321-000 - Ph: 55 (11) 5016 1924 - Fax: 55 (11) 5016-1830
June 2007 - NAC Establishes USA Offices
NAC Drive Systems, Inc. offers US based engineering, manufacturing, sales and customer service. The core harmonic gearing components will continue to be manufactured within the company's 200,000 square foot facility. Product specification, application engineering, final quality control and warehousing will be based in Jacksonville, FL. USA. In addition to the core harmonic products, the company offers USA based design, manufacturing, and service of application unique gearboxes and motion control systems..