AI Systems, Inc. Takes Flight with New Technology (OTCBB: ASYI)
Nearly one month ago, AISystems, Inc. (OTCBB: ASYI) announced the first commercial release of its jetEngine™ Business Planning Suite software platform ("jetEngine™ BPS"). The company is a technology leader in the development of business platform software for the airline industry and it has designed the platform to produce a complete business plan including a cost, revenue and profitability analysis for airline companies.
Stephen Johnston, President & CEO of AISystems commented, "Our technology revolutionizes how the airline industry will create business plans and schedules, the very core of their business. We have taken tremendously complex technology and created an elegant and simple user interface that can be used by an airline CEO, CFO, COO or any senior planner." This tool allows for the complete redesign of the airline business planning approach because it integrates the network, fleet, crew and maintenance functions reducing the airline planning cycle from months to minutes. Additionally, it calculates a probability of success associated with each business plan providing airline senior executives confidence in their ability to execute the business plan. Now the question remains: will this new helpful invention give the company a boost? Notice the chart below; in the past month, ASYI stock has made a steady incline, with its shares nearly doubling in price. With the widely suffering airline industry, this may be the company to keep watch of.
Additionally, it calculates a probability of success associated with each business plan providing airline senior executives confidence in their ability to execute the business plan.
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Questions and Answers
AISystems, Inc. is a technology company that has developed a proprietary business platform for the commercial airline industry called jetEngine™, representing a fundamental paradigm and technology shift in airline resource planning...
AISystems, Inc. (OTCBB: ASYI) is currently trading at a 52 week high of $0.50, up $.12 or 31.58%. The company hasn't released information since June 7th, when it announced its revolutionary crew scheduling and rostering technology will be released in 2011.
After being beaten to a bloody pulp this year (the stock price is off more than 37% since its IPO in March of 2010), share of AISystems, Inc. could be stagging a decent comeback after jumping nearly 20% on the day. President and Chief Executive Officer Stephen Johnston released a letter to shareholders today updating them on the company's recent performance and outlook going forward.
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