Aura Engages ABD Group to Expand Its Sales and Marketing to U.S. Government Agencies.EL SEGUNDO, Calif. -- Aura Systems, Inc. (Pink Sheets:AUSI AUSI Autonomous Undersea Systems Institute AUSI Associated Underwater Scuba Instructors (Queenscliff, Victoria, Australia) ) announced today the engagement of American Business Development Group (ABDG) as an extension of its in-house sales and marketing arm to the U.S. Department of Defense, its military branches and other government agencies. ABDG employs approximately 30 individuals and specializes in sales and marketing to the military and other government agencies. Among others, their client base includes Arvin-Meritor, General Dynamics, Hawker, L-3, Oshkosh and Raytheon. Bill Skipper, ABDG's 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. , stated, "We believe the needs for the VIPER are very substantial and we are very excited about the opportunity to represent Aura in its marketing and sales efforts. Aura is the ideal compliment to our client base. Aura's patented technology is unequalled in the marketplace today. Coupling the VIPER with certain other ABDG clients' products allows us to provide a total solution for many military and governmental mobile power needs. This permits us to better serve our customers and achieve higher results for our clients." Melvin Gagerman, Aura's CEO, stated, "The addition of ABDG working with our internal sales staff allows us to expose the VIPER and its many benefits to many more opportunities in the military and government sectors. This is one more step in executing our plan to aggressively expand the Company's sales activities." The VIPER is the military version of the AuraGen. The VIPER power solution combines the functions of a Very High Output Alternator alternator: see generator. alternator Source of direct electric current in modern vehicles for ignition, lights, fans, and other uses. The electric power is generated by an alternator mechanically coupled to the engine, with a rotor field coil , a Very High Power pure sine wave A continuous, uniform wave with a constant frequency and amplitude. See wavelength.  A Sine Wave _title> Sine wave Dynamic Inverter (1) A logic gate that converts the input to the opposite state for output. If the input is true, the output is false, and vice versa. An inverter performs the Boolean logic NOT operation. (2) A circuit that converts DC current into AC current. Contrast with rectifier. , a regular pure sine wave inverter, a sophisticated Battery Monitor and Charger and all the capabilities of a genset, at a better performance. "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 under 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 statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks are described in the Company's Securities and Exchange Commission filings. |
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