Alcohol Sensors International Announces Commencement of Shipping.ISLANDIA Islandia could refer to:
n See Anxiety Sensitivity Index. )(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on - ASIL), developers and marketers of safety devices including those that help prevent drinking and driving, today announced that they fully expect to commence their shipping operations by the end of September. Initially shipping will begin in the United Kingdom, where the company, through its subsidiary Alcohol Sensors Europe Plc, has been working closely with the insurance industry, to create their own automobile insurance program which requires the mandatory installation of the company's SENS-O-LOCK(TM) devices. The program is arranged by James Hallam Ltd. and underwritten by the Independent Insurance Company. This press release includes forward-looking statements 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. that involve risks and uncertainties, including the timely development and acceptance of new products, the impact of competitive products and pricing, the timely funding of customers' projects, customer payments to the company and the risks detailed from time to time in the company's SEC reports. Alcohol Sensors International Ltd. sells, and through a network of installation centers, services, repairs and installs a line of patent pending SENS-O-LOCK(TM) ignition interlock devices A breath alcohol ignition interlock device (BIID or IID) is a mechanism similar to a breathalyzer which is installed in a vehicle's dashboard. Before the vehicle can be started, the driver must breathe into the device. that are designed to detect, evaluate and help prevent an alcohol impaired driver from operating a vehicle equipped with the company's devices. The company's SENS-O-LOCK(TM) products are marketed to the legislative (State) mandated installation market, the corporate fleet market and to individual vehicle owners. Alcohol Sensors International Ltd. develops, licenses and sells safety-related products to the automotive after-market industry. CONTACT: Alcohol Sensor International, Ltd., Islandia Joseph M. Lively, Esq., Corporate Counsel 516/342-1515 |
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