Here is the revised press release:
Tuesday May 12, 1:39 pm Eastern Time
Company Press Release
SOURCE: IAS Communications, Inc.
Re: CTHA Project Progress Report Amended
RICHMOND, British Columbia, May 12 /PRNewswire/ -- IAS Communications issued the following today:
IAS Communications, Inc. (OTC Bulletin Board: IASCA - news) wishes to announce the following new appointments to our
newly created CTHA development team:
Larry Hawks -- Has been appointed VP in charge of R&D and the Chief Engineer for the CTHA project. Mr. Hawks has
extensive experience in ELF, VLF & RF technology. Mr. Hawks has worked for the Hebrew University in Israel (responsible
for radiation studies). He was previously Engineering Manager in charge of all divisional engineering operations for producing
the design of the IBM PC Junior for AMP Corp. Mr. Hawks is currently the Chief Engineer for ACM (a division of Eikenberry
Associates in Kokomo, Indiana, an injection moulding company).
Circuit Systems, Inc. -- Has agreed to be our consulting firm to act as our manufacturing advisor for the CTHA. Circuit
Systems, Inc. is a leader in the printed circuit board industry and is ISO 9002 certified, an internationally accepted quality
system. Circuit Systems has produced several CTHA prototypes for IAS and TEAM, Inc. (our joint research company).
Barclay Hambrook -- P. Eng. MBA has been appointed Vice President of Business Development for IAS. Mr. Hambrook has
acted as advisor to IAS having completed the Company's initial business plan in 1996. He had been active in communications
over the last five years and successfully negotiated the establishment of technology driven, joint venture companies in Asia,
Europe and North America. Mr. Hambrook as a principal of Enercana Capital provides corporate finance services.
Steve Gulyas -- Has been appointed Vice President of Sales for the CTHA for commercial applications. Mr. Gulyas is an
experienced salesperson with several important connections in the telecommunications industry. He has introduced the CTHA
to several major potential end users.
Progress Report From WVU - CIRA Team
IAS Communications, Inc. has received a progress report from the West Virginia University CIRA division. The CIRA team
consists of Dr. James Smith, the team leader for R&D for the CTHA technology and a highly effective team of engineers and
technical staff experienced in the CTHA.
The Progress Report is as follows:
1. Completed the design and development of an anechoic chamber
specifically designed to handle a large majority of IAS CTHA customer
applications.
2. Completed the development of a test procedure that will be implemented
for both the indoor anechoic chamber and the outdoor range, the results of
which should be acceptable to the professionals in the antenna industry.
3. Developed numerous new intellectual property disclosures for the CTHA
and helped with the prosecution of existing patent applications.
4. Quantified and documented CTHA traits such as impedance invariance to
enhance technical literature.
5. Developed in-house capabilities that will soon double the capabilities
to support customers that exist through TEAM.
The CTHA is a patented, compact, low profile, donut-shaped antenna, flush mounted on an application at a fraction of the
height of the monopole antennas used today. IAS Communications, Inc. owns the world wide commercial rights to the CTHA
excluding only the Military/Government rights.
On Behalf of the Board of Directors
"John Robertson"
John Robertson
President
All forward-looking statements made by IAS involve material risks and uncertainties and are subject to change based on
factors beyond IAS's control. Accordingly, IAS's future performance and financial results may differ materially from those
expressed or implied in any such forward-looking statements. Such factors include, without limitation, those described in
Noxas' filing with the United States Securities and Exchange Commission. IAS does not undertake to publicly update or revise
its forward-looking statements even if experience or future changes make it clear that any projected results expressed or
implied therein will not be realized. For further information please contact our Investor Relations' department at 800-668-5499.
SOURCE: IAS Communications, Inc. |
