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Re: Ruellit post# 19

Sunday, 07/20/2003 8:57:24 AM

Sunday, July 20, 2003 8:57:24 AM

Post# of 60
Could ARSW have a share in the new Canadian Railways(CN) Funding to improve safety at 92 level crossings ?
Could this be a reason for sudden increase in volume other than S-8. The accumulation per you chart coincides with the date of below news.


June 25: Federal Transport Minister David Collenette announced specific funding to improve safety at 92 level crossings, as part of an ongoing federal program. "I am pleased that the railways, municipalities and provinces are working with Transport Canada and contributing to these projects," said the minister. "We all have a role to play in safety. Motorists and pedestrians must use caution at all times, even though crossings may be equipped with warning devices." The crossings are in BC (7), Alberta (5), Saskatchewan (11), Manitoba (7), Ontario (25), Quebec (35), and Nova Scotia (2).
http://www.trainscan.com/news/scan/s0307/index.html

ARSW already had past contracts with CN

Here are some links for further DD

CANADA
ARS Networks' Crosslogix System Cited by Canadian National Safety and Regulatory Affairs Official

Official Predicts "Countless Installations" Likely in North America

ARS Networks Inc. whose first product is a state-of-the-art advance warning system for railway crossings, today announced that its flagship product, Crosslogix(tm), has been cited by CN Rail's Assistant Vice President of Safety and Regulatory Affairs for its advanced technology and wide-ranging applications.
In a letter to ARS Networks, Assistant Vice President Achille Ferrusi stated, ``The technology and logistics of your system have no comparison in the industry today. The potential uses in the North American railway industry as a whole can be predicted to include countless installations.'

Ferrusi continued, ``The ease with which the installations can be set up, along with the speed, makes the ARS advance warning system for railway crossings an attractive prospect for future crossing and communications needs. It is indeed exciting to experience the advantages afforded by the significant design and development breakthroughs your product represents.'

Sydney Harland, chairman and chief executive officer of ARS Networks, stated, ``We are excited by the feedback we've received from Mr. Ferrusi. His support and willingness to accept our technology validates the effort we've put into research and development of our system. CN is one of North America's largest railways........................


http://danger-ahead.railfan.net/reports/rep2000/canada_crosslogix_pr20000525.html


ARS Networks announces Crosslogix testing on Canadian Pacific Rail
nears completion: ARS Networks Inc. announces that by the end of
December 2000 field tests will be complete on Crosslogix,
a state-of-the-art advance warning system for railway crossings.
Crosslogix is the company's patent-pending flagship product.
The warning system has been undergoing tests the last 2 years and was
installed on a main line track in mid-September.
http://www.irail.com/12-05-2000.asp



ARS Networks, Inc in Good Books, and have detailed financial information.

--------------------------------------------------------------------------------

Available Information for ARS Networks, Inc. Most Recent Financial Statement: 4/30/2003
Quarterly Financial Statements: Yes
Analysis of Competitors: Yes
Relevant News Stories: Yes
SEC Filings: Yes
Number of Employees: Yes
Altman Z' Score: Yes
FRISK Score: Yes
Management Information: Yes
Industry Classifications: Yes
Primary SIC Code: 3743
Fiscal Year End: March
Most Recent Audit: 1/31/2003
Auditor: Russell Bedford Stefanou Mirchandani LLP
Audit Opinion: Yes
Federal Tax Id: Yes
Ticker Symbol: Yes
Stock Exchange: Yes
Phone Number: Yes
Fax Number: Yes
Email Address: Yes
Web Site Address: Yes
Street Address: 100 Walnut Street
City: Champlain
State/Province: NY
Postal Code: 12919
Country: United States

http://www.crmz.com/Preview.asp?BusinessId=7194&TargetPage=/Report/Snapshot.asp?BusinessId=7194

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