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American Aires Inc.

Canadian Securities Exchange (CNSX) | Aug 4, 2020, 9:27 AM EDT

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American Aires Announces Entry Into USA Market

Toronto, Ontario--(Newsfile Corp. - May 22, 2020) - American Aires Inc. (CSE: WIFI) (the "Company" or "Aires") is pleased to announce it is entering into the USA market with integration of Encore's fulfillment center in Chicago, USA which is now complete and will be operational in June/July 2020.

The integration of Aires' Inventory Management system, with Encore's fulfillment center in Chicago, USA, will enable Aires to process up to 1,000 orders per day. These orders are to be picked packed and shipped within 12 hours of receiving the customer's order and delivered to the customer within 72 hours.

American customers will be able to order and track their shipment in real time, including delivery schedule, adding to overall customer satisfaction and overall positive brand awareness. Aires believes this brand awareness will ultimately educate consumers on potential benefits of Aires' technology and increase revenue for 2020.

Aires is further reinforcing its e-commerce offering in the USA by implementing major on-line platforms that include, Amazon.com, eBay.com, Walmart.com, NewEgg.com, Sears.com and Rakuten.com, as previously announced in the Company's press releases dated April 24, 2020 and April 29, 2020, respectively.

"USA represents a very large market for us with an estimated 300 million cell phones in the country," commented Dimitry Serov, president and CEO. "We look to begin sales of our 5G product line up starting in July 2020, with pre-sales anticipated even earlier. With increasing consumer awareness surrounding the possible harmful effects from 5G technology, we anticipate this awareness to translate into strong consumer demand. The pending implementation and operation of our Chicago fulfillment center enables us to deliver on this anticipated demand in an efficient manner while generating higher margins then in the past due to the automation of our new e-commerce platform and efficiencies provided to us by Encore."

About Encore

Encore's secure facilities can reliably and safely manage our inventory. Their services can efficiently deliver and track our products across all of our business channels and end customers. Partnering with Encore offers us a controlled and flexible solution for our warehousing and fulfillment needs.

Encore prides itself on finding creative solutions providing excellent service and leading the industry in quality, and reliability. Their proven track record inspires us to continually do more, and better for our customers.

About American Aires Inc.

American Aires is an Ontario based technology company that is focused on the research, development and implementation of innovative technology solutions to allow consumers to safely engage with electronic products of the 21st century. The Company is currently engaged in the business of production, distribution and sales of products intended to protect persons from the harmful effects of electromagnetic emissions, which is produced from electronic devices such as cell phones, Wi-Fi routers, tablets and electric cars to name a few. The Company has developed a technology that restructures and transforms electromagnetic field haze into a more biologically-compatible form to reduce the harmful effects of electromagnetic radiation. The Company's current principal products are the Shield Pro, Air Defender Pro and Air Guardian.

For more information please visit: www.airestech.com, or

Dimitry Serov, President & Chief Executive Officer
Email: dimitry@airestech.com
Phone: (905) 482-4667

Investor Relations:

Samina Deen, Head of Partnerships
Email: samina@airestech.com
Phone: (416) 320-1634
wifi@airestech.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/56407

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