| |
|
AEROTWIN REPORTS ON VARIETY OF ENGINE APPLICATIONS
New Belt Drive Option Expands the Market for Sport Aircraft High Torque Changing Drive/Prop Configurations - Shorter Takeoffs, Quieter Flight

(LAS VEGAS, NV, August 27, 2008) - AirScooter Corporation (OTC: ASCO), an innovator of new air vehicle technology, reported today on progress of its wholly-owned subsidiary, AeroTwin Motors and its line of AeroTwin® sport aircraft engines and accessories. AeroTwin has added to its website (www.aerotwinmotors.com/newpages/media.htm) illustrative photos of specific vehicle applications employing AT972T (turbo version) and AT972 (standard - natural aspirated) engines. These early applications illustrate the wide variety of new and retrofit sport aircraft, powered parachutes and hovercraft benefiting from AeroTwin's power/torque/weight performance. Current applications are located in Canada, the United States, New Zealand and Australia with many other countries expressing interest for future purchase.
"We are seeing strong interest from 2-seat craft that need more power/torque than a two-stroke engine can provide but don't want to incur the weight and cost of other options," said Dwaine Barnes, president of AeroTwin. "This diverse range of early adopters will influence future customers. We are targeting specific sport aircraft (new and retrofit), powered parachutes and the rapidly growing market for larger hovercraft." AeroTwin offers a variety of gear box reduction assemblies and recently introduced a new reduction belt drive (www.aerotwinmotors.com/newpages/beltdrive.htm) that raises the prop centerline for a lighter and more compact installation package. "We have experienced a number of sport aircraft that are restricted by the size and mounting configuration of the engine compartment," noted Barnes. "Our new belt drive is being installed in a number of these craft allowing them to benefit from a more robust engine than alternative two-strokes. Now with both a range of gear boxes and a flexible belt drive option, AeroTwin can meet the power needs of most sport aircraft."
The distinguishing feature of AeroTwin is its power/torque/weight performance (www.aerotwinmotors.com/newpages/features.htm). The significantly higher and broader useable torque range challenges some common drive/prop assumptions. "In recent months we have been working with aircraft owners and consultants, prop manufacturers and consultants and our consulting aeronautical engineer to properly match our engine to major sport aircraft types," said Barnes. "Early application designs generally have resulted in matching a longer and heavier prop geared to lower engine RPMs. This is possible with AeroTwin due to high torque over a broad useable RPM range. The benefits include shorter takeoff distances at less throttle, lower engine operating temperatures and less noise."
"While our engine development has been lengthy and costly, we are very excited about recent progress and especially the robust performance we are seeing from the proper matching of our engine and props in specific sport aircraft types," concluded Barnes. "As this performance becomes widely known, we expect rapid market acceptance of our light, quiet, and powerful four-stroke engines over the coming months."
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 and distributing aeronautical products and engines. Factors
that may cause such a difference include risks related to our limited
operating history, risks associated with completing development and production
of products, the risk that our products will not meet with market acceptance,
the risk of future warranty and product liability claims, the uncertainty
of access to capital to sustain operations, achieve profitability or continue
as a going concern, the failure to secure and maintain relationships with
suppliers, manufacturers and other third parties, reliance on key employees
and consultants, and dependence on intellectual property. Further information
on the factors and risks that could affect our business, financial condition
and results of operations, are contained in our 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.
CONTACT:
Jim Barnes, Secretary
AirScooter Corporation
(702) 566-4602
investor@airscooter.biz
|
|