Tuesday, July 5, 2011

Diversified Industries Licenses NASA SMART Software for sale to Aviation and Power Generation Markets

ORLANDO Fla., --- Diversified Industries, Consulting & Investment Services, Inc., which specializes in design, manufacturing and testing of aerospace and DOD flight and ground critical systems, was recently awarded this month an exclusive license to market NASA’s highly sophisticated SMART software (Systems Maintenance Automated Repair Tasks). The initial target markets will be the commercial aviation, aerospace and defense (A&D) industries.

Martin A. Belson, chief executive officer of Diversified Industries, said NASA’s SMART software tool provides engineers with a uniform, automated problem analysis and repair platform to provide highly improved, accurate and timely delivery of repair, maintenance a and overhaul procedures.

“The SMART platform is a highly detailed software solution that significantly reduces maintenance and repair costs by reducing the time to determine what was previously done, what should be done and to prepare required documentation. It eliminates the need to reinvent the wheel,” Belson said.

“Based on detail independent market analysis performed, we anticipate that the market for SMART technology in the commercial aviation, A&D industries is substantial in the U.S. and overseas: sales in the commercial aviation market could be up to $10 million annually but the opportunity for A&D market may well be in the tens of millions of dollars,” Belson said.

Belson said Diversified Industries licensed the SMART software solution for sale to U.S. and approved international companies.

Diversified Industries is a client company of the University of Central Florida Business Incubation Program in the Central Florida Research Park in east Orange County.

About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 160 emerging companies (including more than 100 current clients) create over $800 million in annual revenue and more than 1,600 new jobs with an average salary of $59,000. With NINE facilities across the Greater Orlando community, the Business Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud, Volusia County and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.

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