Printer Friendly
The Free Library
19,585,946 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Aerius Qualifies for Stimulus Plan.


DALLAS -- Aerius International, Inc. (Pink Sheets: AERS AERS Adverse Event Reporting System (database of drug adverse reactions)
AERS Association of Educators in Radiological Sciences
AERS Army Educational Requirements System
AERS Acute Equine Respiratory Syndrome
AERS Access/Egress Roadway System
), announces the American Recovery and Reinvestment Reinvestment

Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash.

1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares.
 Act of 2009 signed into law February 17th by President Obama may have elements within the plan from which Aerius could qualify for funding.

Aerius CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Bill Luxon will be in Washington the week beginning February 23rd for meetings with Aerius advisors to discuss the most effective strategy for working with the appropriate federal agencies that will determine who will gain support from the plan.

Luxon reported there are elements in the stimulus plan Aerius will target such as $50 million in grants for efforts to increase the energy efficiency of information and communications technologies.

"We qualify for such funding because carrier and FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S.  and CTIA (1) See CompTIA.

(2) (Cellular Telecommunications & Internet Association, Washington, DC, www.ctia.org, www.wow-com.com) A membership organization founded in 1984 that is involved with regulatory and public affairs issues in the wireless industry.
 certified lab tests show Aerius technology dramatically reduces handset power loss letting phones operate using less power, which increases battery life 66% and cuts battery discards in half," said Luxon.

"In addition, better wireless communication in rural America is another goal of the stimulus plan and Aerius increases cell phone coverage area more than 150% because it reduces handset power lost into users as measured in SAR (Segmentation And Reassembly) The protocol that converts data to cells for transmission over an ATM network. It is the lower part of the ATM Adaption Layer (AAL), which is responsible for the entire operation. See AAL.

SAR - segmentation and reassembly
, up to 99%," Luxon added.

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.
 Statement

This release includes forward-looking Statements. Statements contained in this Release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested may be identified from time to time. The Company does not undertake any obligations to update forward-looking statements made by it. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company. For additional information, see our website: http://www.goaerius.com/
COPYRIGHT 2009 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 19, 2009
Words:332
Previous Article:Medallia Delivers Record Financial Performance Despite Souring Economy: Triples Revenues in the Hard-Hit Retail and Financial Services Sectors.
Next Article:Tropicana Entertainment asks Indiana Gaming Commission to renew its license to operate Casino Aztar in Evansville.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles