Aura Systems Inc. & Plasan Sasa Ltd. Sign a Binding Memorandum of Understanding for the Use of Aura’s VIPER System for a Sp...
November 18 2011 - 9:15AM
Business Wire
Aura Systems Inc, (OTC: AUSI) announced today that it has
entered a binding Memorandum of Understanding with Plasan Sasa Ltd.
The parties have reached an agreement to work together using the
VIPER for an Armored Vehicle Project that have special requirement
for electric energy.
Plasan is a Company specializing in armored vehicle design and
manufacturing, supplying OEM customers with armored solutions and
survivability system.
Mr. Melvin Gagerman, Aura’s CEO said, “We are pleased to have
signed the agreement with Plasan. Our VIPER mobile power solution
is constantly being integrated into more military/government
projects around the world. The agreement with Plasan not only
provides us with a new customer but will also provide our VIPER
mobile power technology with global recognition due to the usual
wide exposure given to Plasan’s projects.”
Koby Ben Ari, Plasan’s VP of Armored vehicles, said, “We are
looking forward to working with Aura and their mobile power
solution. Plasan's holistic approach is demonstrated in
state-of-the-art technology that improves survivability; we then
integrate our design to a vehicle to offer our OEM customer the
best overall solution. Aura’s VIPER product provides a perfect fit
to the armored vehicle project for the IDF.”
For more information on Plasan visit
http://www.plasansasa.com
For more information on Aura Systems Inc. visit
www.aurasystems.com
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