Business
Cybervegas announces completion of its acquisition of Aerius Inc. as reported January 30, 2007, a key addition to its executive team and a pending name change to Aerius
Cybervegas announces completion of its acquisition of Aerius Inc. as reported January 30, 2007, a key addition to its executive team and a pending name change to Aerius.
About this update from Aerius
[{"type":"text","content":"Bill Luxon, CEO of Aerius (Cybervegas), is pleased to announce the appointment of Mr. Russ Winstead, as Vice President of Production. \"Russ was a team leader and engineer for the Advanced Product Development Group at Ericsson's cellular phone division in North America. He later supervised production of millions of cell phone antennas for major cell phone manufacturers,\" said Luxon.\r\n\r\n\"Aerius has developed a new generation of antennas for cellular phones and other wireless devices that will increase battery life by 166%. This is proving of real interest to carriers because their major revenue is no longer generated only from calls, but from features such as Internet messaging that burns more battery power in the new 3G phones,\" Luxon added. \r\n\r\n\"Aerius antenna equipped phone performance has been proven in verifiable, independent tests by carriers such as T-Mobile, in U.S Federal Communications Commission (FCC) labs, and other labs used by cell phone manufacturers to test their own phones,\" said Winstead.\r\n\r\n\"Today's Manufacturers buy antennas just as they do batteries from outside suppliers, and I believe Aerius will be used by manufacturers because Aerius antennas will deliver increases in coverage area of 150%, while also eliminating 99.4% of potentially harmful SAR, or handset transmission power absorbed in the user's body,\" added Winstead. \"The Aerius technology can also deliver substantially better call and digital transmission quality, and fewer dropped calls.\"\r\n\r\nAbout Aerius (CVGS: Pink Sheets): The company is a leading developer of antennas for mobile phone and other wireless devices. The company's protected technology is designed to address demands to ensure superior performance by reducing handset power lost into users over 98%.\r\n\r\nSafe Harbor Statement\r\nThis release includes forward looking Statements. Statements contained in this Release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Additional information concerning cert...