AimRite Engineers Travel to Midwest for Final Phase of General Motors and Oshkosh Testing.Business Editors SAN DIEGO--(BUSINESS WIRE)--Sept. 14, 2000 AimRite Holdings Corporation (OTC-BB:AIMH AIMH Amelia Island Museum of History (Florida, USA) ) has announced that its engineering staff of computer and hardware technicians will travel to Michigan and Wisconsin between September 15 and October 10, 2000, to assist in the final ride metric testing COAST technology at General Motors (GM) and road testing of the COAST system on Oshkosh Truck Oshkosh Truck NYSE: OSK, is a manufacturer of specialty trucks and truck bodies for defense, industrial and fire emergency applications. It is based in Oshkosh, Wisconsin and employs about 7,000 people worldwide in five countries. Corporation's (Oshkosh) severe duty firefighting truck. Coordinating the engineering team will be COAST's co-inventor, Jim Hamilton James Hamilton (born February 9, 1976) is an experienced Scottish football striker, having played for eight senior clubs in his career. He currently plays for Dunfermline Athletic in the Scottish Premier League. , AimRite's Director of Engineering. AimRite's Operations Director, Bob Dixon, will oversee logistical support for the installation and testing at both the GM Proving Grounds Blackarachnia is growing steadily more annoyed with the tension between her and the Maximals. in Milford, Mich., and the Oshkosh test site in Wisconsin. On site for ride work for the testing will be computer-programming specialist Stewart Tennenbaum who has been involved in the final COAST computer development for the GM, Oshkosh and Pierce projects over the past year. COAST Co-inventor Lonnie Woods, AimRite Director of Sales Marketing, who is responsible for the Original Equipment Manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) applications of the COAST system with GM and Oshkosh, will be responsible for on site program co-ordination with GM and Oshkosh suspension executives. Assisting at both sites are assigned teams of General Motors and Oshkosh engineers. Mary Kay Mary Kay is a brand of skin care and color cosmetics sold by Mary Kay Inc. Mary Kay World Headquarters is located in the Dallas suburb of Addison, Texas. Mary Kay Ash (d. November 22, 2001) founded Mary Kay Inc. on Friday, September 13, 1963. Coleman, Acting President of AimRite observed, "The company and all its personnel are elated to be at this final stage of joint development evaluation with these companies that both have a reputation as leaders in the implementation of innovative automotive technology Noun 1. automotive technology - the activity of designing and constructing automobiles automotive engineering engineering, technology - the practical application of science to commerce or industry . We look forward to configuring COAST." COAST (Computer Optimized Adaptive Suspension Technology) is a revolutionary suspension control system that uses Variable Constant Force(TM) to achieve unparalleled ride luxury, safety and performance for virtually all automotive, truck, bus and RV applications. COAST accomplishes all this by eliminating conventional shocks and anti-sway bars and replaces them with simple, but patented and powerful hydraulic suspension control units. The units incorporate extremely powerful and sophisticated patented software to make precision adjustments at each wheel 400 times per second. The result is an electronically controlled suspension system Noun 1. suspension system - a mechanical system of springs or shock absorbers connecting the wheels and axles to the chassis of a wheeled vehicle suspension that can optimally control up to nine dynamic areas of suspension performance; including roll, pitch, body motions, wheel motions and bottoming/topping out. AimRite believes that COAST is the most powerful and flexible suspension control system ever developed. And with little or no direct competition, COAST will be sought after well into this century. AimRite has a Web site that can be visited at www.aimrite.com. This release is intended as a forward-looking statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning 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. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to produce the COAST Suspension Technology in the future, (ii) Unexpected changes in the suspenseion market, (iii) The success of the Company's expansion and marketing strategies, (iv) Competition with conventional suspension systems, (v) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs and (vi) unexpected challenges to the patents. For further information on AimRite Holdings Corporation contact Mark R. Moore, 858/259-7400, ext. 12. |
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