ARS Networks' Crosslogix System Cited by Canadian National Safety and Regulatory Affairs Officical.Business/Technology Editors CHAMPLAIN, New York--(BUSINESS WIRE)--May 25, 2000 Official Predicts "Countless Installations" Likely in North America ARS Networks Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ARSN ARSN Arkansas Razorback Sports Network ), whose first product is a state-of-the-art advance warning system for railway crossings, today announced that its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Crosslogix(tm), has been cited by CN Rail's Assistant Vice President of Safety and Regulatory Affairs Regulatory Affairs (RA), also called Government Affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory Affairs professionals usually have responsibility for the following general areas: In a letter to ARS Networks, Assistant Vice President Achille Ferrusi stated, "The technology and logistics of your system have no comparison in the industry today. The potential uses in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. railway industry as a whole can be predicted to include countless installations." Ferrusi continued, "The ease with which the installations can be set up, along with the speed, makes the ARS advance warning system for railway crossings an attractive prospect for future crossing and communications needs. It is indeed exciting to experience the advantages afforded by the significant design and development breakthroughs your product represents." Sydney Harland, chairman and chief executive officer of ARS Networks, stated, "We are excited by the feedback we've received from Mr. Ferrusi. His support and willingness to accept our technology validates the effort we've put into research and development of our system. CN is one of North America's largest railways." ARS Networks Inc. is a development-stage wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. technology company that designs, develops and commercializes safe, cost-effective, and reliable systems for the railway industry using patent-pending, remote sensing equipment. The Company's systems feature an open architecture platform that will offer railways and their freight customers unrivalled abilities to address public safety at level crossings, track cargo, communicate with dispatchers and shorten delivery times. The Company's platform provides a portal for a multitude of applications in real-time data collection, processing, monitoring and information analysis tailored for the railway industry. Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. For more information visit www.arsnetworks,com or www.otcfn.com |
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