AirScooter Corporation
August 27, 2007 - Number 082007-01
*AIRSCOOTER CORPORATE EMAIL UPDATE:* AirScooter Corporation is pleased
to provide you this email update. Email updates are intended to keep you
timely informed of product and corporate developments.
AirScooter is a publicly traded company (Symbol: ASCO). Information
about the Company and its products can be found at
www.airscooter.com
<http://rs6.net/tn.jsp?t=rybv5dcab.0.5syj6nbab.cigeqnbab.5087&ts=S0270&p=http%3A%2F%2Fwww.airscooter.com>.
Pink Sheets LLC provides quotes and other information at
www.pinksheets.co m
<http://rs6.net/tn.jsp?t=rybv5dcab.0.efz97ybab.cigeqnbab.5087&ts=S0270&p=http%3A%2F%2Fwww.pinksheets.com>.
<http://rs6.net/tn.jsp?t=rybv5dcab.0.5syj6nbab.cigeqnbab.5087&ts=S0270&p=http%3A%2F%2Fwww.airscooter.com>
*AIRSCOOTER-II TO BE ON DISPLAY AT WIRED's LOS ANGELES NEXTFEST FESTIVAL*
*AirScooter UAVs Also to be Exhibited at San Diego Unmanned Systems
Conference*
(LAS VEGAS, NV, August 27, 2007) - AirScooter Corporation (OTC: ASCO),
an innovator of new air vehicle technology, announced today upcoming
marketing events for its air vehicles. The AirScooterŽ- II Personal Air
Vehicle (PAV) and AirScooterŽ UAV will be on display in the
transportation pavilion at WIRED's NextFest festival at the Los Angeles
Convention Center from September 13 through 16. The AirScooter gas G70
and electric E70 UAVs will also be exhibited at the Unmanned Systems
Interoperability Conference in Coronado from October 29 through 31.
WIRED's vision of a new World's Fair, WIRED NextFest is a four-day
festival of innovative products and technologies that are transforming
our world. This year's NextFest in Los Angeles will feature more than
160 interactive exhibits from leading scientists and researchers. The
public is invited September 14 through 16 to experience the future of
communication, design, entertainment, exploration, health, play, robots,
transportation, security, and green living. For more information on the
festival visit
www.wirednextfe st.com
<http://rs6.net/tn.jsp?t=rybv5dcab.0.zdkf4dcab.cigeqnbab.5087&ts=S0270&p=http%3A%2F%2Fwww.wirednextfest.com>.
Over 100,000 attendees combined were attracted to the previous three
festivals in San Francisco, Chicago and New York.
/
*The Unmanned Systems Interoperability Conference*/ is sponsored by the
Association for Unmanned Vehicle Systems International (AUVSI) the
world's largest nonprofit organization devoted exclusively to advancing
the unmanned systems community. AUVSI, with members from government
organizations, industry and academia, is committed to fostering,
developing and promoting unmanned systems and related technologies.
The AirScooter-II PAV is a simple and easy to fly coaxial rotor craft
for recreational use. The PAV has recently been upgraded with the latest
AeroTwinŽ four- stroke engine and a modern composite coaxial rotor
system. While designed for recreational manned flight, AirScooter's
patented design has applications in manned and unmanned military and
homeland security applications.
AirScooter's wholly-owned subsidiary, AeroTwin Motors Corporation,
manufactures a powerful lightweight sport aircraft engine that makes
AirScooter- II possible. The patented AeroTwinŽ engine produces an
efficient 65 hp at 4200 rpm, smooth/flat torque and quiet operation
ideal for a wide range of sport vehicles. Now in early production,
engines have already been sold and delivered in the United States,
Canada and New Zealand with interest from more than 45 countries
worldwide. Early fight testing is validating AeroTwin's four-stroke
power solution in both new aircraft and to repower legacy two-stroke
engine aircraft.
AirScooter UAVs are in the tactical VTOL (Vertical Takeoff and Landing)
class, positioned smartly between the high-end hobby category and the
limited selection of expensive military/commercial UAVs available today.
These robust craft are ideally suited for aerial photography,
surveillance, research and a range of homeland security applications.
AirScooter unmanned aerial vehicles feature a rugged patented coaxial
flight platform providing outstanding hovering ability, stable flight,
precision response and control all in an economical package. Both the
G70 and E70 employ a 70-inch coaxial rotor and control system,
minimizing the complexity of coaxial systems of the past, but scalable
to future craft, smaller or larger in size.
"We are very excited and honored to be one of the select invitees to
display our AirScooter Personal Air Vehicle at WIRED's unique festival
showcasing new ideas and technologies," said Dwaine Barnes, president of
AirScooter Corporation. "AirScooter attracts wide-ranging interest
confirming the public appetite for personal recreational flight. Our
updated AirScooter-II equipped with a new AeroTwin engine and composite
rotors will continue flight testing after the festival."
Barnes, discussing AirScooter UAVs, added "Our patented coaxial control
system provides exceptional hovering and precision flight control. We
just completed confirming G70 and E70 flight testing and are very
pleased with the results. Whether the requirement is for quiet electric
performance or long duration gasoline powered flight, we provide a
compelling solution for customers dissatisfied with the limitations of
high-end hobby craft but unable to justify the high costs of
commercial/military UAVs often costing $100,000 to $500,000 or more. The
AUVSI conference provides a forum to demonstrate our vehicles to the
right audience of customers."
*About AirScooter Corporation:* AirScooter Corporation is engaged in the
development and commercialization of advanced manned and unmanned air
vehicles and power systems for the recreational, commercial and
government markets. The Company has applied coaxial counter-rotating
dual rotor systems to the AirScooter personal air vehicle (PAV) and the
AirScout Unmanned Aerial Vehicle (UAV). The Company's wholly owned
subsidiary, AeroTwin Motors Corporation, is engaged in the manufacture
and distribution of the AeroTwin 65 HP lightweight sport aircraft
engine. For more information on the company, its technologies and
products please visit
www.airscooter.com. For information on the
AeroTwin engine visit
www.aerotwinmotors.com.
Visit Our Website at airscooter.com
<http://rs6.net/tn.jsp?t=rybv5dcab.0.5syj6nbab.cigeqnbab.5087&ts=S0270&p=http%3A%2F%2Fwww.airscooter.com>
*Safe Harbor Statement: *This press release contains forward-looking
statements within the meaning of the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995. You should not place
undue reliance on these forward-looking statements. These statements
involve risks and uncertainties that could cause actual results to
differ materially from those suggested in the forward-looking
statements, particularly those risks and uncertainties inherent in the
process of developing, manufacturing and distributing aeronautical
products and engines. Factors that may cause such a difference include
risks related to AirScooter's limited operating history, risks
associated with completing development and successful production of
AirScooter products, the risk that AirScooter products will not meet
with market acceptance, the risk of future warranty and product
liability claims, the uncertainty of AirScooter's future access to
capital to sustain operations, achieve profitability or continue as a
going concern, the failure by AirScooter to secure and maintain
relationships with suppliers, manufacturers and other third parties,
reliance on key employees, and dependence on intellectual property.
Further information on the factors and risks that could affect
AirScooter's business, financial condition and results of operations,
are contained in AirScooter's public corporate documents. These
forward-looking statements are based on information and management's
expectations as of the date hereof. Future results may differ materially
from our current expectations. AirScooter Corporation disclaims any
intent or obligation to update those forward-looking statements, except
as otherwise specifically stated.
AirScooter Corporation
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