Science & Technology
Mon, February 14, 2011Sun, February 13, 2011Fri, February 11, 2011Thu, February 10, 2011Wed, February 9, 2011Tue, February 8, 2011Mon, February 7, 2011Sun, February 6, 2011Sat, February 5, 2011Fri, February 4, 2011Thu, February 3, 2011AISystems Announces New Intelligent Competitive Market Data Products for the Airline Industry
Published in Science and Technology on Wednesday, February 9th 2011 at 3:40 GMT by Market Wire
KIRKLAND, WASHINGTON--(Marketwire - Feb. 9, 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 that it will soon release its new Intelligent Competitive Market Data ("ICMD") products for use in commercial airlines.
Obtaining useful market data and information for the commercial airline planning process is a major problem faced by airlines. AISystems' new ICMD products contain data with a high information content, which is particularly helpful to airlines in their business planning process. A significant part of this is due to AISystems' proprietary analytic methods that are used to produce the ICMD products in a useful format for the airline planning process.
In addition to the normal statistical analysis based on historical data, the ICMD products provide competitive analytic data that better reflects and models the competitive dynamics for the airline. Such analytics are unique to each specific airline and its environment. In addition to the ICMD products, AISystems also markets the jetEngine™ Business Planning Suite, which is uniquely designed to consume this information.
Stephen C. Johnston, President & Chief Executive Officer of AISystems stated, "Our new ICMD products fill a major gap in the airline planning process, being valuable on a standalone basis, but even more valuable when combined with our jetEngine Business Planning Suite."
AISystems expects to release its ICMD products to the market before the end of Q3 2011.
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.
