Aura Systems, Inc. (OTCBB: AUSI) announced today that it
delivered the first 30 new patented water-cooled 15 kW VIPER systems to
South Korea. These units are the first for a potentially very large
multi-year program for thousands of units that are expected to be in
full production starting in 2015. The Company expects delivery of
additional 100 such water-cooled systems during this calendar year.
The Company has also recently delivered an additional 40 8.5 kW VIPER
systems to South Korea under a previously announced NRRS-program. These
units are in addition to the 100 5-kW systems to be delivered during the
next several months under the MMV contract also previously announced.
Mr. Melvin Gagerman, Aura’s CEO, said, “We are very pleased at the
integration of the VIPER solution into numerous South Korean military
programs. We have now shipped many hundreds of our VIPER mobile power
systems to the South Korean Military and expect thousands more to be
delivered under numerous programs over the next 5 years.”
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: The statements contained in this release which are not
historical facts are forward-looking statements that are subject to
risks and uncertainties that could cause actual results to differ
materially from those set forth in or implied by forward-looking
statements. These risks are described in the Company's Securities and
Exchange Commission filings.
For more information on Aura Systems Inc. visit www.aurasystems.com
Copyright Business Wire 2014