American Utilicraft Corporation to Respond to Formal Government Request to U.S. Companies to Help Combat Terrorism.Business & Technology Editors LAWRENCEVILLE, Ga.--(BUSINESS WIRE)--Nov. 5, 2001 American Utilicraft Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMUC AMUC Acta Mathematica Universitatis Comenianae ), today announced its intention to respond to a formal U.S. Pentagon request for U.S. companies to submit their ideas to help combat the terrorist threat in America -- see news release at www.defenselink.mil/news/oct2001_bt540-01.html. AMUC intends to offer its FF-1080 Freight Feeder as a Special Purpose aircraft solution to the problem of removing contaminated contaminated, v 1. made radioactive by the addition of small quantities of radioactive material. 2. made contaminated by adding infective or radiographic materials. 3. an infective surface or object. mail and dangerous cargo Cargo which, because of its dangerous properties, is subject to special regulations for its transport. from the U.S. passenger airlines (see AMUC press releases -- May 29, 2001, and October 1, 2001, at www.utilicraft.com). As part of its response, AMUC is also suggesting that the FF-1080 aircraft could assist the U.S. Postal Service The U.S. Postal Service (USPS) processes and delivers mail to individuals and businesses within the United States. The service seeks to improve its performance through the development of efficient mail-handling systems and operates its own planning and engineering programs. in its endeavor to create regional anti-bacterial decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc. de·con·tam·i·na·tion n. centers. About American Utilicraft American Utilicraft Corporation was founded in 1990, to target the significant problem of the overnight express, USPS (1) (Uninterruptible Switching Power Supply) A power supply for a computer that contains its own battery and uninterruptible power supply (UPS) circuitry. See power supply and UPS. , and e-commerce entities' inability to provide effective fulfillment and distribution in the short haul (or feeder) route segments of air cargo. The Company is in the final phase of development of a new air vehicle, the FF-1080-200 Freight Feeder aircraft, which upon completion, is expected to have the capability of carrying standard industry air containers on short-to-medium range/medium density routes, and an integrated air cargo information system for the freight feeder market. For more information, visit the Company's website at www.utilicraft.com 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 press release contains "forward-looking" statements 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. Forward-looking statements in this press release involve risks and uncertainties and reflect the company's current views with respect to possible future events. Readers are cautioned that no forward-looking statement can be guaranteed and actual results or events may materially differ from those projected or anticipated. In particular, the following factors, among others, could cause actual results or events to differ materially from those described in the forward-looking statements: the company's ability to obtain and fulfill contracts for the sale of products, protect intellectual property rights and manage future growth; market acceptance of future products; product supplier delays; design and engineering certification delays or denials; and the introduction of similar products by competitors. Any forward-looking statement made in this press release is made as of the date of this press release, and the company assumes no obligation to update any such forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect the company's business, particularly those mentioned in the Risk Factors section contained in the company's Form SB-2, as filed with the Securities and Exchange Commission. |
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