Advanced Braking Technology Ltd

ASX Category: Automobiles & Components

Description

Advanced Braking Technology Ltd (ABT) manufactures and distributes its award winning patented Sealed Integrated Braking System (SIBS®) worldwide. From its head office in Perth, Western Australia, ABT is continuing to develop its SIBS® brakes for sectors that have a strong requirement for safety and environmental responsibility.

Over the last 5 years, ABT has risen to become the pre-eminent supplier of fail-safe brakes for commercial vehicles used in the Australian mining sector. ABT’s SIBS® brakes are well known for their unparalleled safety, improved productivity, zero emissions and toughness in the world’s harshest conditions. As their reputation has grown, demand for SIBS® brakes has expanded internationally and ABT now has a significant portion of its sales coming from North America and South Africa. As mining continues to thrive, there is further scope to expand ABT’s presence in these regions as well as in South America and Europe.

ABT has now successfully adapted this proven technology for Toyota Landcruisers, Toyota Hilux’s, Mitsubishi Canters, Isuzu NPS300s, plus several other special purpose brake designs including concrete agitator trucks and explosive carrying vehicles used in underground mines.

ABT continues to invest considerable research and development time collaborating with various industry sectors to customize the SIBS® technology for new applications requiring safer and improved braking solutions. The most recent of these projects has seen the development and commercialisation of SIBS® Brakes for trailers and trucks.

ABT’s manufacturing plant is located in Thailand.

ABT is listed on the Australian Stock Exchange under the ASX code ABV.