Corporate Update



 

TheNewswire / December 14, 2016 - Billings Montana, Aerius International Inc. (OTC Pink:”AERS”).  The company announces several changes and clarifications in its senior management. Aerius is pleased to announce that Robert Jerhoff, Corporate Secretary, Treasurer and Director has been appointed Interim President effective November 17, 2016 and will continue to hold his current positions. The former CEO Harold Rounds and President Melvin Henley are no longer officers or directors of the company.

 

The two Vice President staffing appointments made this past summer have been voluntarily reversed however, these gentlemen continue to provide daily advisory services to Aerius. As well, a third and key senior staff person engaged by the company in the summer as Chief Operating Officer stepped down seven weeks ago due to lack of funding for the company's operations. No corporate announcement regarding his engagement was made at the time even though he was essential to all of the company's projects. He now continues to work on the company's behalf in a consulting capacity and is expected to become the new CEO once financing is secured.  All three persons are part of the Aerius team.

 

When funding has been arranged Aerius will provide a news update on staffing, operations and detail on the company's first three products and timing for their market respective launches. The company has temporarily relocated its corporate office to Billings Montana and when funded will be headquartered in southern California.

 

Aerius is moving closer to obtaining financing for its initial technology products; use of the Aerius antenna in a new cell phone to be designed and manufactured by a Chinese ODM and two other unrelated products brought to Aerius by the former COO and which for one product, significant initial sales have been discussed with a purchasing agent of an offshore large retailer. Aerius is currently in discussions with a financing group to provide capital for these projects and fully expects to achieve funding before year end.

 

Aerius is a wireless technology based enterprise focused on bringing advanced patented and non patented technology and innovative solutions and platforms to global markets.

 

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbour created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements .