AUSI News Aura Delivered to Date Approximately 200 VIPER Solutions for Marine Applications
2012-04-02 09:15 ET - News Release
EL SEGUNDO, Calif. -- (Business Wire)
Aura Systems, Inc. (OTCBB: AUSI) announced today that it has now delivered approximately 200 VIPER systems for marine applications. The majority of the systems delivered provide both AC and DC power and in addition to providing exportable power, the DC component allows for the replacement of the traditional alternator. While the majority of systems delivered are for government/military applications a small number are now used in commercial/recreational boating.
Military customers to date include the U.S.C.G, U.S.N, U.K. Royal Navy, and the Singapore Navy. The Company recently appointed Neva Marine as its distributor in Istanbul Turkey. Neva Marine’s specialty is government and commercial marine applications. The units sold in the U.K. were through our U.K distributor Atlantis Marine.
Mr. Melvin Gagerman Aura’s CEO said, “Marine applications is a significant growing market for the VIPER mobile power solution. The VIPER provides large amounts of power for a small amount of space. The VIPER uses no deck space which is a premium aboard boats. Many of the delivered systems have the Dual VIPER configuration that provides all of the AC and DC power as well as replaces the alternator.”
"Safe Harbor" Statement under the Private Securities Litigation Reform Act 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.
