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Microcap & Penny Stocks : AURA New Auto Technology On the fast track!!!
AURA 5.075-1.6%3:59 PM EST

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To: Steve Becker who started this subject11/6/2001 12:57:29 PM
From: leigh aulper  Read Replies (1) of 1725
 
Schlumberger to Use AuraGen for Oilfield Applications


EL SEGUNDO, Calif.--(BUSINESS WIRE)--Nov. 6, 2001--Aura Systems, Inc. (OTCBB:AURA) announced today that Schlumberger (NYSE:SLB), a world leader in oil and gas field services, specified the AuraGen G8500 solution as the mobile power for a group its new truck purchases.

In addition, Schlumberger will retrofit a subset of its existing trucks with the G8500. Over the last several months a number of different Schlumberger locations have used the AuraGen G8500 in the field.

Dr. Arthur Schwartz, Aura's Executive VP and CTO said, "The power quality of the AuraGen makes it an ideal power source to support operations in both oil and gas fields. Its clean power ensures the ability for data acquisition and logging and simultaneously provide electric power for use in compressors, pumps and other tools."

Harry Kurtzman, Aura's CEO said, "This is a very important milestone for the AuraGen. Our business model calls for AuraGen applications in numerous industries including the oil and gas sector. We have to date numerous users in utilities, municipalities, federal and state government agencies, fire fighting and other industrial applications. Schlumberger is the first major user in the oil and gas industry to adopt the AuraGen mobile power solution to be used in its fleet of vehicles."

Steve Mapes of Schlumberger said, "Over the years we examined, evaluated and used many different generators for our mobile power needs. We are very pleased with the quality and unique capabilities of the AuraGen. This product enhances our ability to provide the best service to our customers and we intend to use the AuraGen for many different applications in our business."
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