AISystems Inc.
OTC Bulletin Board : ASYI

November 10, 2010 10:08 ET

AISystems Announces Analyst Coverage by Institutional Analyst Inc.

KIRKLAND, WASHINGTON--(Marketwire - Nov. 10, 2010) - AISystems, Inc. (OTCBB:ASYI) ("AISystems" or the "Company"), creator of jetEngine, a revolutionary business platform software system for the airline industry, is pleased to announce today that it has engaged the services of the Institutional Analyst Inc.

About Institutional Analyst Inc.  

An investment research and investor relations firm, Institutional Analyst Inc. ("AI") is one of the nation's leading public relations firms specializing in creating market awareness programs for publicly-traded companies involved in nine distinct industries via industry specific financial web portals including the Internet, Biotech, Alternative Energy, Airlines and Private Equity.

IA has added AISystems to the Internet Stock Review, the Airline Stock Review, IA's Special Situation Research Watch Lists' and also published a 13 page research report on the Company. The Internet Stock Review, which was launched in December of 1998, is one of the oldest investment newsletters specializing in companies which derive benefits from Internet related technologies.

To receive the initial research report on AISystems, Inc., please visit the following site:

Airline Stock Review: www.airlinestockreview.com.

"We are excited to initiate coverage of AISystems," stated Roland Rick Perry, editor of the newsletter. "The company, in its short five year history, has brought together some of the most brilliant minds in the field of technology as well as seasoned and well regarded individuals from the airline industry. Its objective is to launch paradigm shifting business planning and operations management software platforms for airline industry executives. "In our opinion, this team is what will ultimately drive value and is what will pique investor interest."

"Lead by Stephen C. Johnston, President and Chief Executive Officer of AISystems, the team includes: H. Roy Miller, the inventor of the jetEngine™ Business Planning Suite whose previous patented analogous technology was sold to Microsoft to become the enterprise scheduling engine in MSPROJECT, a $700 Million revenue business; Scott Nason, advisory board member and the former Chief Information Officer of American Airlines (the third largest airline in the world); Salman Ullah, Managing Director of Merus Capital and former Vice President of Corporate Development at Google where he was responsible for all investments and acquisitions; Tim Morgan, the Founder of WestJet Airlines; and Christoph Flugel, Chief Pilot of Swiss International Air Lines."

Mr. Perry also noted, "While the top five performing companies on the Internet Stock Review Watch List have gained an average of 280% from the recent market low (NetApp up 365%, Akamai up 358%, Expedia up 250%, Limelight Networks up 246% and ValueClick up 182%) many high quality venture funded companies like AISystems are finding that the door to the initial public offering market remains closed and are coming to market using alternative listing methods. We believe this may provide a fertile ground for sophisticated investors who are able to search beyond the traditional IPO market for technology start-ups and capitalize on what may later prove to be temporal pricing misallocations." 

"We're pleased that the Internet Stock Review has agreed to provide coverage for us. We firmly believe that it's important to obtain and secure continued professional coverage for both our current and prospective shareholders," stated Mr. Johnston. "We are cognisant of the work that the Institutional Analyst Inc. has done for its clients in the past through its various industry specific newsletters and we look forward to working closely with them. The proprietary jetEngine™ software products offer tremendous potential for AISystems and its shareholders and we look forward to continued reporting on our progress to the institutional community especially as we begin to implement our aggressive marketing initiatives and efforts."

To receive the initial research report on AISystems Inc., please visit the following sites:

Internet Stock Review: http://www.internetstockreview.ning.com

Airline Stock Review: http://airlinestockreview.ning.com or

IA's Special Situation Research: http://iaspecialsituationresearch.ning.com 

About the Internet Stock Review Online

Each issue of the Internet Stock Review includes hyperlinks to the news origination source for full coverage. The newsletter additionally reports on the availability of streaming audio/video profiles, press releases, shareholder conferences and interviews with senior management of the companies covered.

Through Thomson Financial, Internet Stock Review hard copy research reports are made available to more than 22,000 of the world's largest institutional money management firms controlling over $20 trillion in assets and over 950 of the world's leading research firms including brokers, investment banks and independent research firms.

The websites like the online newsletter are devoted to coverage of industry specific publicly traded companies. The site provides direct links to the websites of companies covered and additionally provides links to stock quotes and charts, Zacks for Investment Research, Corporate Profiles from Media General, ELogic for SEC filings and other sites for streaming audio/video profiles, press releases and management interviews. Please see the ISR disclaimer as it relates to Rule 17B at IA's website, on its research reports and in its welcome letter.

About AISystems

AISystems has developed a unique, proprietary business platform software system for the airline industry called jetEngine™, which is comprised of systems and mathematical algorithms capable of generating significant profitability improvements through strategic business planning capabilities, resource scheduling, revenue management and integrated operations. More information about AISystems can be found at www.aisystems.org.

Safe Harbor Statement

This press release may contain "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive and regulatory conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors. Additional Information regarding risks can be found in the Company's Annual Report on Form 10-K and in the Company's recent report on Form 8-K filed with the SEC. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

Contact Information

  • AISystems, Inc.
    Stephen C. Johnston
    President and Chief Executive Officer
    +1 (425) 749-7287
    steve@aisystems.org
    or
    KCSA Strategic Communications
    Todd Fromer
    +1 (212) 896-1215
    or
    KCSA Strategic Communications
    Marybeth Csaby
    +1 (212) 896-1236
    or
    KCSA Strategic Communications
    Phil Carlson
    +1 (212) 896-1233
    AISystems@kcsa.com