  Spin transfer observables for the strangeness-production reaction
Antiproton-Proton -> Antilambda-Lambda have been measured by the PS185
collaboration using a transversely-polarized frozen-spin target with an
antiproton beam momentum of 1.637 GeV/c at the Low Energy Antiproton Ring at
CERN. This measurement investigates observables for which current models of the
reaction near threshold make significantly differing predictions. Those models
are in good agreement with existing measurements performed with unpolarized
particles in the initial state. Theoretical attention has focused on the fact
that these models produce conflicting predictions for the spin-transfer
observables D_{nn} and K_{nn}, which are measurable only with polarized target
or beam. Results presented here for D_{nn} and K_{nn} are found to be in
disagreement with predictions from existing models. These results also
underscore the importance of singlet-state production at backward angles, while
current models predict complete or near-complete triplet-state dominance.
