Toronto, Ontario--(Newsfile Corp. - October 21, 2021) - American Aires Inc. (CSE: WIFI) (the "Company" or "Aires") is extremely pleased to confirm the launch of a new product, the "LIFETUNE MINI" in advance of the upcoming 2021 holiday season. With the new LIFETUNE MINI, customers will have the opportunity to benefit from "portable / wearable" protection against the harmful effects of electromagnetic radiation (EMR) / electromagnetic frequency (EMF).
Launching the new LIFETUNE MINI marks an exciting development and broadens the suite of products available within Aries' portfolio. In advance of the peak holiday shopping season, Aires is now positioned to tap into a sizeable new market segment which has grown exponentially in recent years-a trend the Company expects to continue. Wearable products are an emerging trend that enable users to integrate various technology devices into their daily activities, seamlessly adapt to changing lifestyles and can be worn on any part of the body.
As the only wearable product of its kind1, LIFETUNE MINI represents a new and innovative solution designed to mitigate the electromagnetic radiation emitted from data-transmitting electronics, such as cell phones, cordless phones, wireless earpieces, wireless headsets, computers, laptops, monitors, smart TVs, baby monitors, Wi-Fi routers and more.
Based on information collected through the Company's increasing sales data, there is existing consumer demand around the world for a product such as LIFETUNE MINI. As a result of these indications, Aires believes that the Company will be well positioned to improve its gross margins by adding this product to the sales mix.
Dimitry Serov , Chief Executive Officer at Aires, commented, "With the global wearable technology market demonstrating a rapid rate of evolution and innovation, we see this segment transforming into a bustling industry. This sentiment is supported by research firm, Gartner, who forecasts that global spending on wearable devices technology will reach US$81.5 billion this year, an 18% increase over 20202."
About American Aires Inc.
American Aires Inc. is Canadian-based nanotechnology company which has developed proprietary silicon-based microprocessors that reduce the harmful effects of electromagnetic radiation (EMR). The technology was developed by a team of highly credited scientists and confirmed by independent third-party validation including peer reviewed studies and publications in scientific journals. Aires' Lifetune products specifically target EMR emitted by consumer electronic devices such as cellphones, computers, baby monitors, Wi-Fi radiation, including the rapidly expanding next-generation high-speed 5G networks. Aires is listed on the CSE under ticker 'WIFI'. Learn more at www.airestech.com.
On behalf of the board of directors
Company Contact:
Dimitry Serov, CEO
Email: dimitry@airestech.com
Telephone: (905) 482-4667
Website: www.airestech.com
For further information please contact:
5 Quarters Investor Relations, Inc.
Cindy Gray, CEO & Managing Director
Email: wifi@airestech.com
Telephone: (403) 705.5076
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The Shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. We seek safe harbour.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Not intended for distribution to United States Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of United States Securities laws.
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1 Based on management's assessment of publicly available sources.
2 https://www.gartner.com/en/newsroom/press-releases/2021-01-11-gartner-forecasts-global-spending-on-wearable-devices-to-total-81-5-billion-in-2021#:~:text=Worldwide%20end%2Duser%20spending%20on,latest%20forecast%20from%20Gartner%2C%20Inc.
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