AISystems, Inc.
OTC Bulletin Board : ASYI

AISystems, Inc.

June 20, 2011 08:00 ET

AISystems (OTCBB:ASYI) CEO Stephen C. Johnston to Attend SITA Hosted Conference-The Air Transport IT Summit

TORONTO, ONTARIO--(Marketwire - June 20, 2011) - 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 that President and CEO Stephen C. Johnston has been invited to attend the SITA-hosted event The Air Transport IT Summit.

The event is being held on June 22nd and 23rd in Brussels, Belgium and is touted as "The IT Industry Event of the Year" for the airline industry. The two day conference agenda focuses on key topics of interest for airline decision makers, with leading industry speakers scheduled to present. These speakers from various airlines, airline suppliers and academia will be presenting to over 300 delegates comprised of CIO's and senior IT strategists from airlines around the world.

"I am honoured to be invited to this conference, which is SITA's main annual event" stated Stephen C. Johnston, President and Chief Executive Officer of AISystems. "All of the major airlines will be there and I have a number of key meetings lined up to discuss enrollment in our jetEngine™ BPS Beta Program."

About SITA

SITA is the world's leading specialist in air transport communications and IT solutions and for many decades had the world's largest communications network. Created over 60 years ago and owned by the air transport community, SITA is the community's dedicated partner for information and communications technology. SITA provides services to over 550 members and 3,200 customers in more than 200 countries and territories.

About jetEngineBPS

jetEngine™ BPS is an advanced business platform that produces a complete business plan including a cost, revenue and profitability analysis. jetEngine™ BPS produces completely integrated and feasible route, fleet, crew and maintenance schedules at a speed previously unimaginable. This tool, based on advanced scheduling algorithms and features, allows for the complete redesign of the airline business planning approach. When building the business plan, satisfying all planning requirements and business objectives, jetEngine™ BPS reduces the airline planning cycle from months to minutes. This paradigm shift in airline planning is only possible through jetEngine™ BPS' breakthrough technology and algorithms.

A powerful feature of jetEngine™ BPS is that it operates in the "Cloud", independently of existing in-house systems. jetEngine™ BPS is AISystems' first cloud-based software suite and is the first product in the Company's new SAAS (Software as a Service) business model, allowing it to be rapidly implemented by an airline.

About AISystems

AISystems has developed a unique, proprietary business platform software system for the airline industry,(jetEngine™) which is comprised of systems and mathematical algorithms capable of generating significant profitability improvements through strategic business planning capabilities, data modeling, 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 (416) 367-2544
    steve@aisystems.org