ARS Networks Featured in the Toronto Star; Article Appeared in Business Section of Canada's Largest Circulation Newspaper.Business/Technology Editors NEW YORK--(BUSINESS WIRE)--May 22, 2001 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 innovative technology Crosslogix(TM) was the focus of a feature story in the Business Section of the May 21, 2001 edition of The Toronto Star The Toronto Star is Canada's highest-circulation newspaper, though its print edition is distributed almost entirely within Ontario. It is owned by Toronto Star Newspapers Ltd., a division of Star Media Group, a subsidiary of Torstar Corporation. , Canada's largest circulation newspaper. ARS Networks chief executive officer Sydney Harland was interviewed in the story about the potential of Crosslogix to improve rail safety and the commercial and economic opportunities that the system's open architecture offers the railway industry. Crosslogix was originally designed to provide railways with a cost-effective signal-and-control system, but has, as noted in the article, evolved into a sophisticated data-gathering and wireless communication network with multiple applications. Along with a detailed description of the patented technology underlying the Crosslogix system, The Star described the relationship between ARS and Canadian Pacific Railway Canadian Pacific Railway, transcontinental transportation system in Canada and extending into the United States, privately owned and operated. The construction of a railroad crossing the continent in Canadian territory was one of the conditions on which British , which is currently finalizing extensive, and greatly successful, testing of Crosslogix, preparatory to commencement by ARS of commercialization of the system. Full text of the article can be found at www.thestar.com -- under @Biz, enter ARS Networks in the search box or at the ARS Networks Web site. Sydney Harland commented, "The opportunity to tell the ARS and Crosslogix story through such a broadly circulated and highly-respected medium as The Toronto Star is a unique and valuable opportunity. The positive nature of the article reinforces our belief that Crosslogix is a product that offers tremendous value to the railway industry, on many levels. The system is cost-effective, provides for multiple applications, and will vastly improve safety along North America's railway lines." ARS Networks Inc. is a 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 patented, remote sensing Deriving digital models of an area on the earth. Using special cameras from airplanes or satellites, either the sun's reflections or the earth's temperature is turned into digital maps of the area. and communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry . Its systems feature an open architecture platform that offers railways and their freight customers unrivalled abilities to address public safety at level crossings, track cargo, communicate with the control center 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 to the railway industry. Contact: ARS Networks: Syd Harland, (518) 298-2042; U.S. Inquiries should be directed to: OTC Financial Network: Eddie Khoury, Investor Relations Investor relations The process by which the corporation communicates with its investors. , (877) 341-8477 or (781) 444-6100,ext. 644; email eddie@otcfn.com. Canadian inquiries should be directed to: LevCap Communications: Robert Levitt, Investor Relations, (877) 953-8227 or (514) 488-6313, email robert@levcapcommunications.com. Complete information about the Company and its products is available at the ARS Networks web site, www.arsnetworks.com and www.otcfn.com/arsn. 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. |
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