KIRKLAND, Wash., May 21, 2010 (GLOBE NEWSWIRE) — AISystems, Inc. ASYI (“AISystems” or the “Company”), a technology leader in the development of business platform software for the airline industry, sponsored the 16th Annual International Airline Symposium. The event was co-hosted by Department of Aviation, Ohio State University and Lufthansa German Airlines on May 12-14th in Seeheim, Germany. The Symposium was by invitation only and offered an opportunity for 50 top airline industry executives to participate in roundtable discussions on a variety of topics, including new trends and technologies.
AISystems’ President & CEO Mr. Stephen C. Johnston commented, “We were delighted to be invited to be a sponsor of one of the premier events in the airline industry alongside co-sponsors such as Boeing BA, Accenture ACN, IBM IBM, Amadeus MA and Lufthansa (LHAG.DE). The Symposium provided an opportunity for participants to share views on strategic developments, in a small group setting. This is a one of a kind annual event that gathers industry and thought leaders and we were excited to be invited to be a part of it. It gave us a chance to spend quality time with potential customers and distribution partners as we get ready to launch our product.”
About AISystems
AISystems has developed a unique, proprietary business platform software system for the airline industry called jetEngine™ that is comprised of systems and mathematical algorithms capable of generating significant improvements in 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 contains “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: Capital Group Communications, Inc.
Zoltan Bernat
+1 (415) 332-7200
zoltan@capitalgc.com
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