On Thursday June 18, 2009, 8:30 am EDT
PHOENIX--(BUSINESS WIRE)--International Aerospace Enterprises, Inc. (OTCBB: IARO - News) today announced that the company has embarked on an aggressive international sales and marketing campaign designed to meet its 2009 $5 million USD sales projection. The targeted sales campaign is being personally overseen by Mr. John Peck, IARO’s Chief Executive Officer along with a team of experienced international sales and marketing consultants.
Mr. John Peck, CEO stated “We have targeted and mobilized our sales efforts toward U.S. ally countries who are currently flying F16 and F5 aircraft.” He went on to elaborate that “Our focused sales and marketing efforts are designed to take advantage of the current economic crisis around the world and the socio-economic tensions in the Middle East. The foundation of our program was built on the relationships formed over the past 30 years doing procurement sales of aircraft spare parts.”
He further stated “My previous associates and contacts have made it possible for IARO to enter these markets with little upfront cost as we will be relying heavily on our international sales consultants who have “in country” sales support systems.”
Mr. Saffet Uslu, an exclusive international sales consultant to IARO, stated his support of Mr. Peck's assessment of the current sales opportunities for IARO’s targeted sales campaign strategy. Mr. Uslu in concurring with Mr. Peck’s assessment stated, “IARO has effectively cultivated relationships with a world wide network of manufacturers, buyers and suppliers. IARO provides significant added value to those they contract with because it operates in this industry as a researcher and broker. This knowledge-based industry is exceptionally beneficial to developing countries where technology has to be supported and upgraded over time.”
Mr. Uslu further stated, “IARO has also been successful in providing ‘hard to find, obsolete military parts’ which is a niche market representing significant profit potential. Our efforts to date have put over $13 million in active bids into IARO's sales pipeline. I believe these bids will yield significant sales in fiscal year 2009 because of the Company’s ability to provide military aircraft spare parts from its existing inventories at a competitive discounted price. My 14 years of experience in military aircraft spare parts sales has proven that bids are won primarily on cost and delivery schedule which places IARO at a competitive advantage.”
About International Aerospace Enterprises, Inc.
International Aerospace Enterprises, Inc. (OTC Bulletin Board: IARO - News) is an innovative and aggressive provider of discounted military aircraft spare parts for U.S. Ally partners throughout the world. The company offers inexpensive and shipment ready aircraft spare parts for both military and commercial aircraft users that meet all industry standards for quality manufacturing.
Note: Certain Statements in this news release may contain forward-looking information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. We use words such as ‘anticipate,’ ‘believe,’ ‘expect,’ ‘future,’ ‘intend,’ ‘plan,’ and similar expressions to identify forward-looking statements. These statements including those related to being in a large and growing market, exhibiting rapid growth characteristics, and having a growing strategy, are forward looking statements. These forward looking statements are only predictions and are subject to certain risks, uncertainties and assumptions. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or assumptions in this press release include the risk that we will not be able to grow our revenues and market share, the risk that our prices do not remain competitive and the risk that we will not achieve profitability. Additional risks are identified and described in the Company’s public filings with the Securities and Exchange Commission, including our most recent Report on Form 10-KSB and Reports on Form 10-QSB and Form 8-K. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company’s past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims, any obligation to update any forward-looking statement to reflect occurrences, developments, events, or circumstances after the date of such statement.
Contact:
The Masson Co.Mike Masson,
404-934-2428
iaroparts@yahoo.com
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