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SECOND AEROTWIN ENGINE PATENT GRANTED Major
Industry Article Highlights Engine Features / (LAS VEGAS, NV, February 5, 2007) - AirScooter Corporation (OTC: ASCO), an innovator of new air vehicle technology announced today the receipt of a second U.S. patent on its AeroTwin® four-stroke aircraft engine. The latest patent includes 23 claims focusing on the innovative lightweight one-piece head/cylinder design and related circulation and cooling methods. The AeroTwin produces an efficient 65 hp at 4200 rpm, smooth/flat torque and quiet operation for a wide range of sport vehicles. "This invention is an important advance in engine design allowing the production of a light-weight, powerful four-stroke engine that can effectively manage internal engine pressures," said Dwaine Barnes, president of AirScooter Corporation. "Building on the claims of the first patent issued in 2005, this patent focuses on a range of innovations proprietary to the AeroTwin engine." Barnes added, "We are extremely pleased with OEM and customer response to AeroTwin and we will soon start assembling the next production run using new advanced tooling. The recent eleven-page feature article in Contact! Magazine, a news forum focused on designers and builders of experimental aircraft, is an effective marketing tool for AeroTwin. The feature titled "Under-Promising, Over-Delivering: The AeroTwin AT972T" contains more than 20 high-quality photos, specifications and schematics with detailed in-depth information important to customers." See www.contactmagazine.com and www.aerotwinmotors.com for additional information. The Company also
announced the following developments: About AirScooter
Corporation 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:
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