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ARS Networks, Inc.
ARSN: .24

Keep an eye on ARS Networks, Inc. The stock is trading higher by .035 or 17% on volume of 131,500 shares. The average daily volume is 23,000 shares. The reported stock structure is roughly 18 million shares with a public float of 7.1 million shares. There has been no news since December 13, 2002.

On December 13, the Company announced that it had entered into a memorandum of understanding with GDI Global Data Inc. (TSE: GI - news), apparently a leading provider of managed communications services. The release said that ARS and Global Data have agreed to integrate TelemetryNet, Global Data's system to enable seamless data communications between geographically dispersed fixed and mobile telemetry end points, into Crosslogix(TM), ARS' patented modular communications system that monitors train movement and provides warning systems for rail and highway grade crossings. This strategic alliance will advance deployment of Crosslogix(TM) and expand the market for TelemetryNet.

Global Data's TelemetryNET provides customers with a single gateway to a wide range of public wireless and wireline networks, incorporating multiple communications protocols and technologies. By using TelemetryNET, ARS is able to outsource its data communications needs, allowing the Company to focus on its specialized applications, accelerating time to market, and reducing total solution cost. ARS will use TelemetryNET to seamlessly transmit data located at railway crossings throughout North America and present the data in a standard Internet Protocol (IP) format for secure access over the Internet or Virtual Private Network.

ARS Networks Inc. (www.arsnetworks.com) is a wireless communications technology company that designs, develops and commercializes safe, secure, cost-effective, and reliable systems for the railway industry using patented, remote sensing technology. Its systems feature an open architecture platform that offers railways and their freight customers unrivalled abilities to address public safety at level crossings, track cargo, communicate with dispatchers and shorten delivery times. The Company's platform provides a portal for a multitude of applications in real-time data collection, processing, monitoring and information analysis tailored for the railway industry.


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