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vtcpa04
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Up over 30% so far today.
Posts: 185 | From: Blacksburg | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
robbob
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2004-09-27 09:01:47

$3 Million AuraGen(R) VIPER Line Item Approved in Defense Budget

***
U.S. Army to Direct VIPER System Acquisitions EL SEGUNDO, Calif., Sept. 27 /PRNewswire-FirstCall/ -- Aura Systems, Inc. (OTC Bulletin Board: AURA) today announced that an AuraGen VIPER (Vehicle Integrated Primary Electrical Resource) line item has been established in the FY05 Defense Budget which starts October 1, 2004. The U.S. Army will direct the application of $3,000,000 for acquisition of AuraGen VIPER systems. The AuraGen VIPER is the ruggedized Military version of the AuraGen Underhood Mobile Power Generator. "Aura is very pleased that funds have been provided again in the Defense budget for the AuraGen VIPER," said Raymond Yu, Aura CEO. "Aura believes that this is another major step in increasing the contribution that the VIPER already makes with its combat service support of the nation's troops in both Operation Enduring Freedom and Operation Iraqi Freedom. The VIPER is transforming the concept of mobile electric power generation on the battlefield -- today. We are also very appreciative of the interest in the Viper by Congresswoman Jane Harman (D-El Segundo), and Congressman Jerry Lewis (R-Redlands)." Congresswoman Harman, representing the 36th Congressional District, said, "Applying the advanced technology of American companies, especially that supporting our economic growth and the nation's security, continues to have my full support. I am very pleased that I could be of assistance." Congressman Lewis, Chairman of the Appropriations Subcommittee for Defense of the House of Representatives said, "The VIPER enhances the mobility and efficiency of our fighting men and women around the globe. It is another step in modernizing our armed forces." About Aura Systems Aura Systems Inc., an ISO 9001 certified company, is a technology leader in mobile power. The company develops and sells AuraGen(R) mobile power systems to the industrial, commercial and defense mobile power generation markets. AuraGen(R), the Company's unique and patented energy solution is the only proven, commercially available, fully integrated under the vehicle hood power system that can continuously provide thousands of watts of pure sine wave power at low engine speed. The AuraGen(R) is capable of generating full power up to 8,500 watts at all engine speeds. Engine-off Silent Watch configurations are also available. The AuraGen(R) combines sophisticated mechanical and electronics design, advanced engineering and break-through electromagnetic technology to produce a highly reliable and flexible mobile power generating system that creates alternating current (AC) and direct current (DC) electricity, both with and without the engine on. For more information about the Company's AuraGen(R) product visit the company's website at http://www.aurasystems.com. This press release contains certain forward-looking statements and information based on the beliefs of Aura's management as well as assumptions made by, and information currently available to Aura's management. Such statements reflect the current views of Aura with respect to future events and are subject to certain risks, uncertainties, and assumptions, including risk factors identified in Aura's 10-K and other SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Aura undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. AURA and AuraGen are registered trademarks of Aura Systems, Inc. Other marks and brands may be claimed as the property of others. CONTACT: Raymond Yu Chief Executive Officer Aura Systems, Inc. (310) 643-5300 Ext. 115 E-mail: ryu@aurasystems.com SOURCE Aura Systems, Inc. -0- 09/27/2004 /CONTACT: Raymond Yu, Chief Executive Officer of Aura Systems, Inc., +1-310-643-5300 Ext. 115, or ryu@aurasystems.com / /Web site: http://www.aurasystems.com / (AURA) CO: Aura Systems, Inc. ST: California IN: MAC ARO OTC SU:


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robbob
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Watch Her!!!!
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legal1082
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I'll watchin
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