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delgriffith

01/20/12 9:50 AM

#5818 RE: Jersey Dude #5817

Speaking of "Phase Two", there is an interview with CEO Bill Schmitz in this morning's Rochester Democrat & Chronicle in which Schmitz says he is "certain a second contract would follow to start producing the units for testing in the field. At that point the company...could consider expanding its staff of 15." So, not only is he "certain" of at least a second contract this also bodes well for the job expansion needed to possibly tap into those County funding opportunities. Seems like a lot of what they have been saying is coming to fruition, just with some unexpected and frustrating lag time. In the interview Schmitz also talks about the potential of these units "replacing thousands if not tens of thousands of diesel generators out in the field." That sounds like a potentially massive market.
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renew123energy

01/20/12 10:06 AM

#5819 RE: Jersey Dude #5817

Again, PR Newswire and Company statements are not terms! Anything issued by PR Newswire comes straight from the company un-checked.

Where is the Army CERDEC link that has the contract award posted?, not the gushy press releases from Arista or comments from Schmitz.

This co. has a long history of rosy/fantasy press releases that have been proved time and time again to be detached from reality.

As a shareholder, I want this co. to succeed. But print or distribute the link that at least says that $922K is going to Arista and not to the government Lab or someone else, or that is a cost that Arista must match.

Not a novice in dealing with DOD procurement awards. What is suspect is no press release from the Army CERDEC and I could find no information on the "REDUCE" programs. I would like to know more and how this can help Arista. Othewise, another PR puff piece that has no substance.

Even if it is not a direct award, Arista can still benefit from this releationship.