AISystems Inc.
OTC Bulletin Board : ASYI

January 06, 2011 09:28 ET

Travel Technology Research Ltd States That AISystems, Inc. jetEngine™ Business Planning Suite Will Become a Must Have Product for Airline Strategists and Planners

KIRKLAND, WASHINGTON--(Marketwire - Jan. 6, 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 the independent Travel Technology Research Ltd ("T2RL") report, "AISystems has Landed", stating that jetEngine™ will become a must have product for airline strategists and planners.

Background

T2RL attended the offices of AISystems at the beginning of December to meet with the founders of the Company, Stephen Johnston (also the President and CEO) and Roy Miller. The sessions included a demonstration of the planning product, jetEngine™ Business Planning Suite ("jetEngine™ BPS"), and a presentation of the current business plan together with discussions around the evolution of the market place for planning tools and their relationship to operations.

Analysis

T2RL reported that jetEngine™ BPS "has everything an airline strategy department needs. It allows the creation of business plans and the modeling of different planning scenarios. It always builds a full valid schedule and airlines can experiment with frequency and route combinations." Moreover, T2RL found that the "user interface is intuitive and simple, the calculations are fast and the outputs are clean. Valid schedules are generated in seconds, even for complex network carriers."

T2RL has estimated that airlines "spend around 350-400 M USD on planning systems on an annual basis, this includes people, tools and third-party consultants." Stephen Johnston, CEO of AISystems, reflected on the analysis and findings and said, "We believe that we have the right product for the industry. Our jetEngine™ BPS is designed to assist airlines in making their planning much faster, more adaptable, comprehensive and profitable."

Conclusion

T2RL believes that BPS will become a "must have product for airline strategists and planners. It will reduce cycle times in planning from months to minutes. This takes the process to a level that allows airlines to rapidly revise their schedules in the face of unexpected events. These might include sudden changes in fuel prices, shifts in competitive dynamics, labour negotiations, mergers or alliance participation or even a significant disruption to a hub airport caused by bad weather or even volcanic ash." Moreover, T2RL states that jetEngine™ will allow CEOs, CFOs and COOs to engage with their strategic planning teams in a meaningful way.

The report "AISystems has Landed" can be viewed at: www.aisystems.org/files/AISystems_Has_Landed.pdf.

About T2RL

Travel Technology Research, is a leading research company working on the application of information technology to all aspects of the travel industry. Established in 2005 to meet the specialized needs of an industry that is largely neglected by the major research companies, T2RL works with airlines, GDS vendors, tour operators, hoteliers, car rental companies and of course the technology suppliers who serve them. Equally at home with detailed consideration of technology or business issues, Travel Technology Research offers a dedicated resource to the $700Bn industry that is travel, across all geographical and business sectors.

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.

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