Alcohol Sensors International Announces That Shipment of Sens-O-Lock Has Begun.ISLANDIA, N.Y.--(BUSINESS WIRE)--Oct. 1, 1997--ALCOHOL SENSORS INTERNATIONAL, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (ASI ASI, 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), today announced that it has begun shipment of its Sens-O-Lock(TM) alcohol sensor A device that measures or detects a real-world condition, such as motion, heat or light and converts the condition into an analog or digital representation. An optical sensor detects the intensity or brightness of light, or the intensity of red, green and blue for color systems. 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. to its dealer network in the United Kingdom market as of Sept. 29, 1997. The company's long-term strategy in the United Kingdom is to work jointly with major insurance companies to create insurance programs providing discounts to customers who install the company's Sens-O-Lock alcohol sensor ignition interlock device. The company has been working with a major insurance brokerage firm and underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite) UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer. in the United kingdom market to establish such a program. Statements contained in this Press Release contain 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. which are not based upon historical facts and involve known and unknown risks, uncertainties and other factors which could cause actual results, performance or achievements expressed or implied by such forward looking statements not to be realized. Forward looking statements are based upon the best estimates by the company at the time. Potential risks and uncertainties include, among other things, such factors as the adequacy and reliability of parts used in manufacturing the company's Sens-O-Lock(TM) devices, the adequacy of the company's dealer and distribution network, the market acceptance of the company's next generation Sens-O-Lock devices, the actual establishment of insurance programs providing discounts to customers with the installation of products such as the company's Sens-O-Lock devices, the impact of competitive products and pricing, the availability of funding to purchase raw materials and manufacture final products and the success of the company's research and development efforts in creating the technology for the next generation Sens-O-Lock product. The company markets and sells electronic after-market safety products, including a patent-pending line of ignition interlock devices to the corporate/commercial and individual markets under the Sens-O-Lock(TM) brand name. The company's Sens-O-Lock equipment is designed to detect, evaluate and assist in the prevention of an alcohol impaired driver from operating a vehicle. The company intends to distribute the Sens-O-Lock devices through a network of authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: dealers and distributors who will be responsible for the installation, service and repair of the company devices. The company also markets and sells, under the WeatherEye(TM) brand name, a line of modular products designed to automatically engage and adjust the headlights and taillights of automobiles depending upon weather and sunlight conditions. CONTACT: Joseph M. Lively, Esq. Corporate Counsel 516/342-1515 |
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