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Aerius International, Inc. Announces Sale of IP to Delaware Corporation


//science-technology.news-articles.net/content/2 .. nnounces-sale-of-ip-to-delaware-corporation.html
Published in Science and Technology on Wednesday, November 25th 2009 at 11:00 GMT by Market Wire   Print publication without navigation


LAS VEGAS, NV--(Marketwire - November 25, 2009) - Aerius International, Inc. (PINKSHEETS: [ AERS ]) a Nevada Corporation today announced sale of its patents and patents pending cell phone antenna technology, and trademarks related to said antenna technology in return for ten million shares of common stock in a Delaware Corporation owned by the majority owners of AERS.

The sale was made and approved by over sixty percent of Aerius International, Inc. shareholders on November 24, 2009. The sale was completed for the following reasons: 1) every effort to raise adequate capital to commercialize its intellectual property by Aerius International, Inc. had not met with success because the company was traded on the Pink Sheets; and 2) Investment advisors recommended the necessary capital could be raised through Aerius International, Ltd., a private corporation.

Aerius management anticipates shareholders of Aerius International, Inc. will receive an increase in asset value of the Corporation based upon the anticipated appreciation of the ten million shares of stock in the private corporation.


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