ACT Aurora Control Technologies Corp.

ACT Aurora Control Technologies Corp.

September 15, 2014 09:00 ET

Aurora Control Technologies Engages the Howard Group for Strategic Investor Communications

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 15, 2014) - Aurora Control Technologies (TSX VENTURE:ACU) is pleased to announce that it has engaged The Howard Group as its strategic investor communications advisor. The Howard Group will direct both traditional and online initiatives targeting the investment community and the investing public.

The Agreement has a term of five years. The remuneration payable to the Howard Group will be $7,500 per month plus GST and 280,000 incentive stock options, which shall vest over a period of twelve months and be exercisable at $0.38 per share. The Agreement together with the granting of the stock options is subject to the approval of the TSX Venture Exchange.

The Insight Limited Partnership II, which is associated with The Howard Group, participated in Aurora's recent Private Placement and has also conducted open market purchases.

"We believe that Aurora Control is poised to deliver disruptive innovation to the solar energy sector. Very simply, its proprietary technology is designed to dramatically reduce costs associated with wastage in solar panel manufacturing while simultaneously providing data that will assist manufacturers to increase the efficiency of solar panels," commented Grant Howard, President of the Howard Group.

Since 1988, The Howard Group has provided comprehensive investor outreach and capital markets programs, business development solutions, strategic planning and financing services to public companies. The Howard Group is associated with the Insight Limited Partnership II, which invests in micro and small cap companies.

In addition to its ongoing services, The Howard Group Inc. will be providing an ongoing commentary on ACU's activities in its "Insight" blog commentary. Interested parties are encouraged to subscribe to the blog:

About Aurora Control Technologies

ACT Aurora Control Technologies Corporation develops and markets Production Measurement and Control systems for the photovoltaic manufacturing industry. Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. In the drive to Grid Parity, the company's unique sensing and control products, built into the production lines of solar product manufacturers, rapidly solve the urgent need for continuously increasing predictability, reliability and quality of their manufacturing processes. By reducing production variance and increasing yield, Aurora's products pay for themselves and generate substantial ongoing annual savings. With ever-tightening profit margins in an increasingly competitive environment, Aurora is an essential element for the leaders in photovoltaic wafer, cell, and module manufacturing.


This news release contains "forward-looking information" including without limitation statements relating to realization of resource estimates, reduction of capital and operating costs, success of mining operations and the ranking of the project in terms of production. Readers should not place undue reliance on forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Until a positive feasibility study has been completed, and even with the completion of a positive feasibility study, there are no assurances that the Rose project will be placed into production. Factors that could affect the outcome include, among others: the actual results of development activities; project delays; inability to raise the funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices of metals; availability of alternative lithium or tantalum sources; actual rates of recovery; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; accidents, labour disputes and other risks of the mining industry; political instability, terrorism, insurrection or war; delays in obtaining governmental approvals, necessary permitting or in the completion of development or construction activities. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with Canadian securities regulators available on SEDAR at

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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