POWER MOVE: El Segundo-based Aura Systems, a major maker of electric power generators and equipment, has retained a new investor relations agency to keep its investors posted of new developments.
Translation: We are growing so fast we hired someone to tell the people who give us money, what we're doing with their money. More below.
Aura Systems Inc. (Pink Sheets:AUSI) has retained Wolfe Axelrod Weinberger Associates as its investor relations
agency.
Aura's CEO, Mel Gagerman, said in a statement: "As a result of achievements during the last several months, we believe Aura Systems is on the cusp of significant growth. Our patented and unique mobile electric power generators have developed accelerating interest from both military and commercial users of mobile power. We have reached a point where an active investor relations program is warranted in order to keep the investment community informed of the company’s progress."
Wolfe Axelrod Weinberger Associates has been representing publicly traded emerging growth companies to both Wall Street and Main Street for over 25 years. WAW designs and implements programs that enable clients to streamline costs and get attention from potential investors and the media.
Aura Systems Inc. specializes in mobile electric power generation in the 2-16 kilowatt range. Its product is patented in over 70 countries and is known as the AuraGen(R) for commercial applications and VIPER for military applications. The AuraGen and VIPER can be used in industries such as refrigeration, emergency services,
telecommunications, utilities, marine, oil and gas and government services.
For more information: Aura Systems and Wolfe Axelrod Weinberger Associates LLC (WAW)
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