Corporate Profile for Aimrite Holdings Corp., dated Friday, June 21, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0- Published Date: Friday, June 12, 1998 Company Name: Aimrite Holdings Corp. Address: 225 Stevens Ave., Solana Beach, Calif., 92075 Main Telephone Number: 619/259-7400 FAX 619/259-7308 Internet Home Page Address (URL) WWW.AIMRITE.COM Chief Executive Officer: Dr. Kenneth P. Coleman Chief Financial Officer: Richard Stanczyk Public Relations Contact: Prima Capital Corporate Communications Business number: 800/600-8599 Trading Symbol/ Exchange: NASDAQ Bulletin Board:AIMH Industry: Automotive, Truck & Bus, Electronics Suspension Company description: Aimrite Holdings Corp. (AHC AHC Appalachian Hardwood Center AHC American Heritage Center (University of Wyoming, Laramie, WY) AHC American Horse Council AHC Association for History and Computing AHC Australian Heritage Commission AHC Assault Helicopter Company ) is in business to exploit through the manufacturing, marketing and sales of a computer optimized adaptive suspension technology (Coast). The Coast Technology is a revolutionary advancement in the automotive, truck and bus suspension industry. The Coast System replaces conventional shocks on the vehicle and is only a few pounds heavier. This powerful system can adjust and control up to nine dynamic suspension parameters on all wheels of any land surface vehicle over 400 times per second. The areas that are optimally controlled include body resonance resonance, in acoustics resonance, in acoustics: see vibration. resonance, in chemistry resonance, in chemistry: see chemical bond. , wheel resonance, roll, pitch and bottoming out, as well as several other parameters. The high level of computer control through the Coast System, dramatically improves (on- and off-road off-road adj. Existing, taking place, or designed for use off paved or public roads or in rugged terrain: off-road sports such as snowmobiling. ) the performance, ride comfort and safety of the vehicle. Coast has both software and hardware patents issued. The company is positioned to become a leading manufacturer in the automotive, truck and bus computer controlled suspension industry. Coast can be applied to both OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and after-market af·ter-mar·ket n. The market for parts and accessories used in the upkeep or enhancement of a previous purchase, as of a car or computer. af vehicles. The Coast Technology is simple and highly versatile with proven advantages. Coast has been demonstrated to industry customers over the last three years. AHC has already developed an extensive customer base waiting for the availability of coast suspension systems Noun 1. suspension system - a mechanical system of springs or shock absorbers connecting the wheels and axles to the chassis of a wheeled vehicle suspension . CONTACT: Dr. Kenneth Coleman Cole·man , Cy Originally Seymour Kauffman. Born 1929. American composer and theatrical producer whose best known Broadway productions include Sweet Charity (1966) and The Will Rogers Follies (1991). , 619/259-7400 |
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