First AeroTwin Engine Delivered to OEM Customer
2/6/2006 9:00:15 AM
LAS VEGAS, Feb 06, 2006 (BUSINESS WIRE) -- AirScooter Corporation (ASCO), an innovator of new air vehicle concepts, announced today that its wholly-owned subsidiary, AeroTwin Motors Corporation, has delivered the first turbo-charged AT972T engine to an OEM sport aircraft manufacturer.
"This is an important milestone in our corporate development," said Dwaine Barnes, president. "It culminates over three years of intense effort and a significant investment in developing, testing, and manufacturing our patented four-stroke AeroTwin engine in Fort Worth, Texas. We have produced parts to assemble the first 30 engines, expect additional deliveries to other OEMs during the coming weeks and look forward to customer input as we prepare additional volume production during 2006."
"The AeroTwin engine was designed to meet the demands of our AirScooter personal air vehicle, but judging from the volume of inquiries from diverse sport aircraft manufacturers, appears to also meet a significant unmet market need," added Barnes. "OEMs require engines for both new aircraft sales and repowers for legacy customers looking to upgrade to a modern four-stroke engine. We expect to proceed rapidly with testing our Red and Yellow AirScooter vehicles with new engines."
The AeroTwin lightweight two-cylinder 972cc four-stroke engine will be available in two models. The AT972T is turbo-charged producing 65 hp at 4200 rpm and the AT972 is a standard engine producing 55 hp at 5000 rpm, both providing exceptional flat torque at 3000 to 5000 rpm. AeroTwin's patented design features electronic fuel injection and digital engine management. The engine operates horizontally or vertically and mounts to provide output from either end of the engine for maximum flexibility.
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(TM) personal air vehicle (PAV) and AirScooter Unmanned Aerial Vehicles (UAVs). The Company's wholly owned subsidiary, AeroTwin Motors Corporation, is engaged in the manufacture and distribution of patented AeroTwin(TM) 65 HP lightweight sport aircraft engines. 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.
SOURCE: AirScooter Corporation
AirScooter Corporation
Jim Barnes, 702-566-4602
investor@airscooter.biz
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