updated: Tuesday, February 24, 2004 10:41 pm EST
| Intra-site linksCharts - Company Info and Contact - Recent PressShare Info - Historical Data - Notable Posts External ARSW links - Company Profile Plan of Operation - Share Info |
| ARSW 0.0031 -0.0005 -13.88% 4:00 pm 2/24/04 52M vol |
| top | Company Profile | up / down |
|
ARS Networks, Inc.
develops and commercializes new public safety products through operating divisions:
ARS/Fire Safety Tec: Patented retrofit fire retardant doors that are approved by Underwriter Laboratories (UL) in the US and Canada. ARS Refilter: Exhaust filter system that incorporates a removable filter/converter system that is designed for cleaning when needed. The system will remove an estimated 90% of harmful particle emissions, consequently, meeting upcoming government emissions standards for combustion engines and has applications in transportation, mining and construction as well as other industries. ARS Crosslogix™: A wireless railway crossing system based on an open architecture platform offering broad-based, real-time data collection, processing and information management. ARS Networks will focus primarily on the sales of the fire doors and development of a distribution system to maximize the revenue and profits. ARS/Fire Safety Tec, technology is approved by Underwriters Laboratory and is patented. The door kit been test marketed and more than 70,000 kits have been sold in the US and Canada and saves up to 80% in cost when upgrading any existing non-rated door to a code compliant fire rated door in commercial, institutional and multi-unit residential buildings such as nursing homes, apartment buildings, hotels, dormitories, hospitals, offices, government buildings and retail environments. |
| top | Management's Discussion And Analysis Of
| up / down |
|
Revenues. ARS had revenues of $40,000 in the Nine months ended October 31, 2003 versus $0 in revenue for the nine months ended October 31, 2002. These revenues relate to license arrangements to market the ARS Crosslogix system in China.
Total Operating Expenses: ARS' total operating expenses increased from $573,424 to $940,856, in the nine months ended October 31, 2002 and 2003 respectively. The increase in operating expenses is principally due to professional fees and marketing contracts entered into in order to refocus the Company's business plan during this period. Net Loss: ARS had a net loss of $2,101,056 or $0.08 per share, in the nine months ended October 31, 2003 compared to a net loss of $907,514, or $1.23 per share, in the comparable period in the prior year. The increase in the loss is primarily due to the deemed goodwill impairment charge recorded in the current period. The Company's key corporate objectives and strategies for 2003 are:
The Company will continue to focus its efforts on obtaining funding to launch the FST product However, to date our efforts have not generated sales. We will continue to evaluate the products potential for success in the market over the next quarter Refilter The Company believes that there is an urgent need worldwide for the ARS Refilter and is in discussions with potential joint venture partners to commercialize product. In April 2003, President Bush's administration proposed reductions of greater than ninety percent in air pollution from diesel-powered farm, construction and other off-road equipment predicting the curbs would prevent thousands of premature deaths, respiratory ailments and heart attacks. Regulators internationally are setting stringent standards for diesel emissions that must be met at varying milestones during the coming decade. With over fifteen million diesel engines in operation in the U.S., and in excess of 50 million worldwide, the current output of harmful emissions is estimated to be well above 5 million tons per year. According to the Environmental Protection Agency (EPA), each year smog and soot account for 15,000 premature deaths, one million respiratory problems, 400,000 asthma attacks and thousands of cases of aggravated asthma, especially in children. It is this problem that, after two years of research, has lead to the development of an exhaust filtering system called REFILTER. The ARS REFILTER Exhaust Filter System incorporates a removable filter/converter system that is designed for cleaning when needed. This system does not require special fuel formulations and will work with current engine management systems thus allowing for an estimated 90% reduction in emissions and therefore meeting the upcoming standards. The ARS REFILTER Exhaust Filter System will reduce particle emissions from combustion engines and has applications in transportation and construction as well as other industries. The Company has completed the necessary research and is continuing development with regard to a proto-type unit. Throughout the world diesel engines are the power plant of choice for running trains and heavy industrial equipment. This is so because a diesel engine is considered the most efficient form of internal combustion engine available. The combination of a slow development in "low" or "zero" emissions engines and the perception that there is an adequate supply of petroleum products leads the Company to believe that diesel engines will continue to dominate for some time to come and in ever increasing numbers each year. Although the diesel engine is, and will continue to be the most popular form of industrial drive, it comes at a very heavy cost to the environment. Regulators internationally are setting standards for diesel emissions that must be met at varying milestones during the coming decade. ARS Refilter has been issued a patent for its unique practical system. Refilter's intention is to execute the initial development and license it's patented technology. Recently, both the EPA & CARB (California Air Resources Board) have been strongly suggesting that the upcoming emission standards are "tailored to force the use of diesel particulate filters on new heavy-duty engines." During ARS Refilter's research phase of this project, it was apparent that both a catalytic converter and a particulate trap would be needed to meet the standards set. Further research indicated that trying to make a filter system that would last the life of the vehicle would be impractical, primarily due to the typical long life span of a diesel engine. This led ARS Refilter to the most practical solution: a removable filter/converter system that is designed for cleaning when needed. To date 15% of the development has been conducted and completion time for the balance of development, assuming sufficient financial resources are available, and licensing arrangements are made, will be approximately 10 months. The Company intends to establish strategic alliances with companies that would benefit from the successful introduction of this product. The Company will target the following strategic partners:
The Crosslogix crossing control system has been under development for the past several years. Limited funding has resulted in ARS revisiting its business plan and focusing on revenue generating ventures. As such, Crosslogix will continue to be developed albeit with less focus than in the past. ARS has held discussions with several potential partners with regard to continued development of Crosslogix. ARS will seek to further develop partnerships for the joint development and marketing of the Crosslogix product. The primary focus of ARS with regard to Crosslogix will be to complete the vital safety audit of the system. source |
| top | Company Info | up / down |
|
ARS Networks Incorporated
address: 1207 Delaware Avenue Suite 410 Buffalo, N.Y. 14209 Phone: 716-332-6143 Fax: 716-332-6170 Company Website: http://www.arsnetworks.com Officers: Sydney Harland, Pres. & CEO Mark Miziolek, CFO Robert Esecson, Sec't. Shares Outstanding: 131M from the 10Q period ending Oct 31, 2003 177M (Jan 15) from the T/A 208M (Jan 28) from the T/A 252M (Feb 10) from the T/A 463M (Feb 20) from the T/A 113 shareholders Estimated Market Cap: $1.945M (563M x .0052) as of Feb 20, 2004 Current Capital Change: shares decreased by 1 for 50 split Pay Date: 2003-03-26 Dividends: None State of Incorporation: NH Company Notes: Formerly=Ameri-can Railway Systems, Inc. until 4-00 Transfer Agents (T/A): Atlas Stock Transfer Corp., Salt Lake City, UT 84107 (801) 266-7151 |
| top | ARSW charts1 day 7 day 14 day 30 day 90 day 180 day1mo 3mo 6mo 12mo 2mo candle 3mo candle 5mo candle | up / down |
Tuesday, February 24, 2004 | up / down / charts |
 |
One Week Chart | up / down / charts |
 |
Two week Chart | up / down / charts |
|
1 month Chart | up / down / charts |
|
3 month Chart | up / down / charts |
|
6 month Chart | up / down / charts |
|
One Month chart | up / down / charts |
|
2 month candlestick chart | up / down / charts |
|
3 month candlestick chart | up / down / charts |
|
5 month candlestick chart | up / down / charts |
|
3 month chart | up / down / charts |
|
6 month chart | up / down / charts |
|
1 year chart | up / down / charts |
|
| top | Historical Data | up / down |
|
| top | Company Press History | up / down |
|
| top | Notable ARSW Posts | up / down |
| ||||||
| ||||||
| ||||||
| ||||||
| ||||||
| ||||||
| top | External Links | up / top |
| ARES | ARSW | ISYN | GWDL | NNCO | PGHI | USCI |
visitor
webmaster: Frankx@stockskill.net