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AirScooter is a publicly traded company (Symbol: ASCO). Information about the Company and its products can be found at www.airscooter.com . Pink Sheets LLC provides quotes and other information at www.pinksheets.co m.
AIRSCOOTER II ON DISPLAY AT DISNEY'S TOMORROWLAND
AirScooter II is the latest feature at Disneyland's Innoventions Transportation of the Future exhibit showcasing cutting edge technologies
(LAS VEGAS, NV, August 22, 2008) - AirScooter Corporation (OTC: ASCO), an innovator of new air vehicle technology and a modern sport aircraft engine announced today that an AirScooter II is now on permanent display at Disney Anaheim's Tomorrowland. The futuristic personal air vehicle is located in the new Transportation of the Future exhibit in the remodeled Innoventions building.
"After months of preparation we are pleased that the AirScooter II prototype is now prominently displayed at Disneyland," said Dwaine Barnes, president. "With over 14 million annual park visitors this display provides tremendous product and corporate exposure."
The AirScooter-II personal air vehicle ("PAV") is a simple and easy to fly coaxial rotor craft designed for recreational use. It employs simple ATV-style handlebar controls and is powered by the Company's AeroTwin® four-stroke engine. 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. The patented AeroTwin® 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 production, engines have been sold and delivered in the United States, Canada, Australia and New Zealand with interest from more than 45 countries worldwide. Early fight testing is validating AeroTwin's four-stroke power solution for both new aircraft and to repower legacy two-stroke engine aircraft.
Mr. Barnes concluded, "While we are focusing our resources on engine production and marketing, we are evaluating options to improve the AirScooter PAV and produce it for the market. The selection of the AirScooter for long-term display at Disneyland is just another indicator of the compelling interest in personal recreational flight."
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 AirScooter® Unmanned Aerial Vehicles (UAVs). The Company's wholly owned subsidiary, AeroTwin Motors Corporation, is engaged in the manufacture and distribution of the patented AeroTwin® 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.
Visit Our Website at 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 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 or grow 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.
AirScooter Corporation
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