AuraGen ICS Available as a Solution to Pollution and Gas Efficiency Initiative for Long Haul Trucks.Business Editors EL SEGUNDO, Calif.--(BUSINESS WIRE)--Oct. 10, 2001 Aura Systems, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: AURA) announced today that its AuraGen ICS (1) (Internet Connection Sharing) A Windows feature that enables two or more computers to share one Internet connection. First introduced in Windows 98 Second Edition, sharing is accomplished with network address translation (NAT), which is the common method. mobile power source is available to solve the problem of long haul truck idling, recently addressed by the National Energy Policy Development Group's (NEPD NEPD National Energy Policy Development group ). The NEPD recommended among other things that the President direct the Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and (EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. ) and the Department of Transportation (DOT) to reduce emissions from long haul trucks that routinely idle their engines for considerable periods of time. NEPD further added that alternatives to idling such as the development of auxiliary power units to provide electrical power for trucks as an alternative to idling would be encouraged through industry partnership agreements between truck manufacturers the DOT and the EPA. Aura has recently demonstrated such a system at the International Construction and Utility Equipment Exposition (ICUEE ICUEE International Construction & Utility Equipment Exposition ) in Kentucky. The AuraGen ICS provides 6,000 watts of electricity with the truck engine running, idling or completely off. The ICS controls the power cycle completely so that the driver does not need to worry about his electrical loads when turning on or off the ignition. When the engine is off, power is provided by an auxiliary battery pack that is sized to meet the energy required. When the engine is turned back on, the battery pack is automatically recharged by the AuraGen, which continues to provide the same high quality electrical power. Power is available from the ICS as either 240V or 120V at 60 Hz. AC, or at 12 or 24 VDC VDC Volts Direct Current VDC Venture Development Corporation VDC Vehicle Dynamic Control VDC Village Development Committee (Nepal) VDC Virtual Data Center VdC Verband der Cigarettenindustrie . A similar system based on Aura's military version, the VIPER, is currently being delivered to the Army. The AuraGen ICS can easily be integrated into long haul truck rigs. It will allow the long haul trucker to make routine rest stops on the road and turn off his engine without giving up the use of any of the electrical appliances that ensure safe and comfortable working conditions. Devices such as engine pre-warmers, air conditioners, refrigerators, microwave ovens and televisions can all be used without idling the engine. This will completely eliminate emissions during rest stops without the need of a large capital investment into truck stop electrification e·lec·tri·fy tr.v. e·lec·tri·fied, e·lec·tri·fy·ing, e·lec·tri·fies 1. To produce electric charge on or in (a conductor). 2. a. . It will also allow truckers to pull over when ever the need regardless of the availability of a rest or stop location, thus improving safety. The high efficiency of the AuraGen results in no additional fuel used by the truck to recharge the battery pack during normal driving. "Safe Harbor" 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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