Aura Systems Announces Support for Popular Ford 6.0L Diesel Engine
EL SEGUNDO, Calif.--April 17, 2003--Aura Systems, Inc. (OTCBB:AURA) today announced the availability of support for the new Ford "Power Stroke" 6.0-liter turbodiesel V-8 engine for both single- and dual-alternator configurations. The company's AuraGen Mobile Power System can now be installed on this popular, award-winning diesel engine. The Ford "Power Stroke" 6.0L diesel engine replaces the Ford "Power Stroke" 7.3L diesel engine on a variety of Ford models in 2003. The Ford F-Super Duty (F-250 and F-350) trucks and the Excursion now include the 6.0L "Power Stroke" diesel engine as one of the available engine options. The new engine has received significant industry acclaim, including the Ward's Automotive 2003 10 Best Engines of the Year award (click here for more information: http://subscribers.wardsauto.com/ Microsites/Newsarticle.asp?newsarticleid=26). (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field.)According to Wards Automotive, "Ford Motor Co.'s all-new Power Stroke 6L turbodiesel V-8 wins a 2003 Ward's 10 Best Engines award not necessarily because it's a diesel accessible to everyone, but because it's the best current example of how good a diesel can be when the best of current diesel technologies converge." This state-of-the-art engine was engineered, developed and built with Ford's longtime partner International Truck and Engine Corporation. Over 225,000 "Power Stroke" engines were manufactured in 2002.
"With over 100 different applications, Aura has always been committed to supporting the vehicles our customers demand," said Neal Meehan, Aura Chairman and CEO. "We've seen significant interest in installing our AuraGen on this new, popular Ford engine and have already built up a healthy backlog. We expect this engine type to offer significant sales opportunities for Aura in the coming year."
ABOUT AURA SYSTEMS
Aura Systems, Inc., a technology leader in mobile power, develops and sells AuraGen(R) mobile induction power systems to the industrial, commercial and defense mobile power generation markets. The Company's unique and patented energy solution is the only proven, commercially available pure sine wave power system that can continuously provide thousands of watts of power at low engine speed, and is fully integrated under the vehicle hood. The AuraGen(R) is capable of generating full power up to 8500 watts at all engine speeds, including enhanced engine idle speed for gasoline engines and at idle speed for bigger diesel engines. The AuraGen(R) combines sophisticated mechanical and electronics design, advanced engineering and break- through electromagnetic technology to produce a highly reliable and flexible mobile power generating system that creates alternating current (AC) and direct current (DC) electricity, both with and without the engine on. For more information about the Company's AuraGen(R) product visit the company's website at http://www.aurasystems.com.
This press release contains certain forward-looking statements and information based on the beliefs of Aura's management, as well as assumptions made by, and information currently available to, Aura's management. Such statements reflect the current views of Aura with respect to future events and are subject to certain risks, uncertainties and assumptions, including risk factors identified in Aura's 10-K and other SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Aura undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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