Carlito
12 years ago
ASCO Security Details
Share Structure
Market Value1 $4,980,000 a/o Jun 25, 2012
Shares Outstanding 24,900,000 a/o Jun 15, 2012
Float 3,840,579 a/o Jun 15, 2012
Authorized Shares 25,000,000 a/o Jun 15, 2012
Par Value
PappaJohn
15 years ago
AeroTwin Reports On Sport Aircraft Engine
American, Australian and New Zealand Customers Propel Enhancements
LAS VEGAS, Apr 20, 2009 (GlobeNewswire via COMTEX) -- AirScooter Corporation's (Pink Sheets:ASCO) wholly owned subsidiary AeroTwin Motors reported today on its line of AeroTwin(r) sport aircraft engines. AeroTwin's patented two cylinder four-stroke performance is available in two models, the AT972T (turbo version) and the AT972 (standard - natural aspirated), covering a wide range of sport aircraft, powered parachute and hovercraft applications.
Feedback from a growing number of American, Australian and New Zealand customers have sparked recent engine and accessory enhancements including:
* A new proprietary compact, lightweight oil tank with built-in oil
cooler is now standard. It allows for easy and flexible installation
in all applications.
* A more robust drive system to compensate for the much higher torque
experienced by customers electing to drive larger props at lower
RPMs. This enables AeroTwin customers the benefits of shorter
takeoff distances at less throttle and more reserve, lower operating
temperatures and less noise.
* An improved fan and shroud package providing two times the cooling
airflow for fixed applications or for slower moving craft such as
hovercraft and powered chutes.
"These updates illustrate both our customer commitment and our rigorous quality and performance improvement program evidenced by dual research and testing facilities in Fort Worth, Texas and Christchurch, New Zealand," said Dwaine Barnes, president of AeroTwin. "While the world economy is having a detrimental impact on recreational spending, we offer an economic solution for both new and retrofit engine customers desiring superior four-stroke performance. We expect worldwide sales to grow as economies improve, awareness increases and more and more customers report positive and longer-term usage in a variety of vehicles."
AeroTwin offers several gear-box reduction assemblies and a new reduction belt drive that raises the prop centerline for a lighter and more compact installation package. The distinguishing feature of the light-weight AeroTwin engine is its exceptional power/torque/weight performance. The factory provides extensive customer installation information online and personal support by trained and experienced representatives.
For information on the AeroTwin engine, visit http://www.aerotwinmotors.com or contact Dwaine Barnes at 702.682.1972.
The AirScooter Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2588
The AeroTwin Motors Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2589
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: AirScooter Corporation
By Staff
CONTACT: AeroTwin Motors Corporation
Dwaine Barnes, President
(702) 682-1972
info@aerotwinmotors.com
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=asco#getNews
.
PappaJohn
16 years ago
New Belt Drive Option Expands the Market for Sport Aircraft
High Torque Changing Drive/Prop Configurations - Shorter Takeoffs, Quieter Flight
(LAS VEGAS, NV, August 27, 2008) - AirScooter Corporation (OTC: ASCO), an innovator of new air vehicle technology, reported today on progress of its wholly-owned subsidiary, AeroTwin Motors and its line of AeroTwin® sport aircraft engines and accessories. AeroTwin has added to its website (http://www.aerotwinmotors.com/newpages/media.htm) illustrative photos of specific vehicle applications employing AT972T (turbo version) and AT972 (standard - natural aspirated) engines. These early applications illustrate the wide variety of new and retrofit sport aircraft, powered parachutes and hovercraft benefiting from AeroTwin's power/torque/weight performance. Current applications are located in Canada, the United States, New Zealand and Australia with many other countries expressing interest for future purchase.
"We are seeing strong interest from 2-seat craft that need more power/torque than a two-stroke engine can provide but don't want to incur the weight and cost of other options," said Dwaine Barnes, president of AeroTwin. "This diverse range of early adopters will influence future customers. We are targeting specific sport aircraft (new and retrofit), powered parachutes and the rapidly growing market for larger hovercraft." AeroTwin offers a variety of gear box reduction assemblies and recently introduced a new reduction belt drive (http://www.aerotwinmotors.com/newpages/beltdrive.htm) that raises the prop centerline for a lighter and more compact installation package. "We have experienced a number of sport aircraft that are restricted by the size and mounting configuration of the engine compartment," noted Barnes. "Our new belt drive is being installed in a number of these craft allowing them to benefit from a more robust engine than alternative two-strokes. Now with both a range of gear boxes and a flexible belt drive option, AeroTwin can meet the power needs of most sport aircraft."
The distinguishing feature of AeroTwin is its power/torque/weight performance (http://www.aerotwinmotors.com/newpages/features.htm). The significantly higher and broader useable torque range challenges some common drive/prop assumptions. "In recent months we have been working with aircraft owners and consultants, prop manufacturers and consultants and our consulting aeronautical engineer to properly match our engine to major sport aircraft types," said Barnes. "Early application designs generally have resulted in matching a longer and heavier prop geared to lower engine RPMs. This is possible with AeroTwin due to high torque over a broad useable RPM range. The benefits include shorter takeoff distances at less throttle, lower engine operating temperatures and less noise."
"While our engine development has been lengthy and costly, we are very excited about recent progress and especially the robust performance we are seeing from the proper matching of our engine and props in specific sport aircraft types," concluded Barnes. "As this performance becomes widely known, we expect rapid market acceptance of our light, quiet, and powerful four-stroke engines over the coming months."
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 http://www.aerotwinmotors.com.
Visit Our Website at http://www.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
email: news@airscooter.net
web: http://www.airscooter.com
"Sometimes, business decisions must be based not on economics,
but on what is right." ~ Ivan Howes
PappaJohn
16 years ago
AIRSCOOTER II ON DISPLAY AT DISNEY'S TOMORROWLAND
Disneyland Display 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 http://www.aerotwinmotors.com
Visit Our Website at http://www.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
email: news@airscooter.net
web: http://www.airscooter.com
"Sometimes, business decisions must be based not on economics,
but on what is right." ~ Ivan Howes
PappaJohn
16 years ago
AIRSCOOTER ANNOUNCES RE-DESIGNED WEB SITE FOR AEROTWIN MOTORS
AT972 and AT972T Sport Aircraft Engines Being Sold Worldwide
(LAS VEGAS, NV, January 15, 2008) - AirScooter Corporation (OTC: ASCO), an innovator of new air vehicle technology, announces a newly re-designed website for its wholly-owned subsidiary, AeroTwin Motors and its line of AeroTwin® sport aircraft engines and accessories. Still located at http://www.aerotwinmotors.com, the new website offers a cleaner, more customer-friendly experience and features an unparalleled amount of easily accessible and organized information. "Today's customers want access to complete information including technical data, operating data, dimensions/weights, installation details, technical support, parts and accessories," said Dwaine Barnes, President.
AeroTwin Motors Corporation manufactures a powerful lightweight sport aircraft engine producing an efficient 65 hp at 4100 rpm, smooth/flat torque and quiet operation ideal for a wide range of sport vehicles. In production, engines have already been sold in the United States, Canada and New Zealand with inquiries from more than 45 countries. Customers are validating AeroTwin's four- stroke "power promised - power delivered" solution for both new aircraft and to repower legacy two-stroke engine aircraft.
"With recent progress taking place at AeroTwin, we felt it was time to update the look and functionality of our web site to help customers be as knowledgeable as possible in evaluating their power solutions," added Barnes. "We believe the new site offers the most comprehensive sport aircraft engine product information available today. Whether shopping and comparing or buying, installing and supporting the AT972 or AT972T and its many options and accessories, we want to help flying enthusiasts quickly make the best decision to meet their power requirements."
As announced last year, AeroTwin has assumed production management and assembly of AeroTwin engines. "We have completed a full line of accessories including reduction gearboxes, quiet belt drives, mounts and shrouds supporting installation in a wide range of fixed-wing and other types of sport aircraft," concluded Barnes. "We start 2008 positioned to take advantage of the market need for a light, quiet, powerful four-stroke aircraft engine."
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 http://www.airscooter.com. For information on the AeroTwin engine visit http://www.aerotwinmotors.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
email: news@airscooter.net
web: http://www.airscooter.com
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