AASI to Host Open House and Lunch to Showcase JETCRUZER 500; Special Guest Will Be Apollo 13 Commander James Lovell.Business Editors/High-Tech Writers LONG BEACH, Calif.--(BUSINESS WIRE)--Sept. 18, 2000 Advanced Aerodynamics aerodynamics, study of gases in motion. As the principal application of aerodynamics is the design of aircraft, air is the gas with which the science is most concerned. and Structures, Inc. (Nasdaq: AASI AASI American Association of Snowboard Instructors (affliated with Professional Ski Instructors of America) AASI Abel Assessment for Sexual Interest AASI Automobile Association of South India ) today announced that James A. Lovell Jr., a company director and commander of the Apollo 13 mission, will make a guest appearance at an open house to be held at the company's 200,000-square foot Long Beach manufacturing facility on Monday, September 25, 2000, from 1:30 p.m. to 3:30 p.m. "We are delighted to provide the investment community, the media and our shareholders with an opportunity to tour our state-of-the art facility, the largest of its kind in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century , and to view the JETCRUZER 500(TM). Commander Lovell has been a member of the company's board since 1997 and we are honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. to have a person of his stature stature /sta·ture/ (stach´ur) the height or tallness of a person standing.stat´ural stat·ure n. The height of a person. stature the height of an animal in the standing position. in attendance," said Dr. Carl Chen, president and chief executive officer of AASI. The JETCRUZER 500 is a high-speed single engine, corporate propjet aircraft that can accommodate first class seating for six people, including the pilot. Powered by a Pratt & Whitney propjet engine, the JETCRUZER 500 will cruise near jet speeds of 345 miles per hour at altitudes up to 30,000 ft. The Company currently has a backlog of $226 million. Advanced Aerodynamics & Structures, Inc. is a publicly traded, development-stage company organized to design, develop, have certified See certification. by the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control (FAA), manufacture and market propjet and jet aircraft for the world's business, commercial and government markets. Certain statements contained in this news release, including statements concerning the Company's future cash and financing requirements, the Company's ability to continue to obtain market acceptance of the JETCRUZER 500 aircraft, the Company's ability to obtain regulatory approval of the JETCRUZER 500, and the competitive market for sales of small business aircraft and other statements contained herein regarding matters that are not historical facts, are forward looking statements; actual results may differ materially from those set forth in the forward looking statements, which statements involve risks and uncertainties, including without limitation those risks and uncertainties set forth in the Company's Registration Statement on Form SB-2 under the heading "Risk Factors", and the Company's Form 10-KSB and Form 10-QSB on file with the SEC. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion