AuraGen(R) Power System Selected by Global Oil Field Well Services Company
To Supply Mobile Electrical Power for Modular Equipment Container Systems
EL SEGUNDO, Calif., May 24 -- Aura Systems, Inc. (BULLETIN BOARD: AURA) today announced that ASEP (Aggreko Special Equipment Productions), a global oil field well services equipment company, has selected the AuraGen(R) to supply mobile electrical power for their modular winch systems. Aura Systems will initially outfit ASEP with one AuraGen G8500 All-AC system for test and evaluation, during the next several months. It's expected that additional units will be purchased by ASEP after successful completion of the initial evaluation phase later this year.
The AuraGen model G8500, provides 8,000 watts of continuous clean AC electrical power and it will be used to operate an assortment of equipment housed inside the ASEP specialized modular container system.
ASEP's group headquarters is located in Groot-Ammers, Netherlands and they have offices in 10 countries around the world with equipment operating in over 90 countries, across 4 continents providing a diverse variety of oil field well services equipment, both for sale and rent.
"Aura is very pleased that a very substantial global player in the petroleum services industry has chosen the AuraGen as its power source for this test and evaluation," said Neal Meehan, Aura Chairman and CEO. "We already participate in other sectors of the petroleum exploration and services industry with Schlumberger and Halliburton. Extending the application of the AuraGen with ASEP is very attractive."
The superior combination of performance quality, responsiveness and continuity, together with compactness, lightweight, versatility, freedom from scheduled maintenance and cost-effectiveness, makes the AuraGen a unique alternative in providing mobile power.
The AuraGen/VIPER is also supporting Homeland Security, and is in use with the FBI, BATF, DHHS, State and local first responders in law enforcement, emergency response and fire departments. And the AuraGen VIPER continues to support the Armed Forces in Afghanistan, Iraq and elsewhere. The AuraGen also is serving telecommunications, cable companies and municipalities, among others, across the nation.
About Aura Systems
Aura Systems Inc., an ISO 9001 certified company, is a technology leader in mobile power. The company 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. Engine-off Silent Watch configurations are available. 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.
AURA and AuraGen are registered trademarks of Aura Systems, Inc. Other marks and brands may be claimed as the property of others.
For further information, please contact: Ron Goldstein of Aura Systems, Inc., +1-310-643-5300, rgoldstein@aurasystems.com.