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Ariel Way, Inc. Issues Letter to Shareholders(March 06, 2012)
WASHINGTON, DC -- (Marketwire) -- 03/06/12 -- Ariel Way, Inc. (PINKSHEETS: AWYI) www.arielway.com Chairman, President and CEO Arne Dunhem issued a Letter to Shareholders that is available in full on the Company's web-site.
2012 is expected to be an important year of growth and excitement for Ariel Way, which expects US government sales revenue to exceed $25 million.
In April 2011, the Company conditionally acquired Government-Buys, Inc. ("GovBuys") and G4 Government Solutions ("G4"), two companies primarily providing resale of telecom and IT products and services to the US Federal, state and local governments. In 2011, GovBuys' and G4's US government sales revenue exceeded several million dollars.
In addition, the Company expects to add several new vendors in 2012 that have products and services that can be resold to the US government. Many of these new vendors provide vital health care IT solutions that would be of great interest to the Federal Government. This is a rapidly growing business as the Federal government continues to increase spending relating to The Department of Veterans Affairs.
Ariel Way expects to soon return to full OTCBB trading status by becoming fully SEC compliant after filing outstanding quarterly and annual reports, with the ultimate goal of a re-IPO on NASDAQ or NYSE Amex.
About Ariel Way, Inc.
Ariel Way, Inc., a Florida corporation ("Ariel Way" or the "Company"), provides integrated technology services and products to the public and private sectors and providing professional IT applications and software services, services for communications and wireless networks and IT infrastructure design, development and implementation, and supporting technologies.
More information about Ariel Way can be found on the web at http://www.arielway.com.
Forward-Looking Statements: Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the Company's latest Form 10-K for a discussion of such risks, uncertainties and other factors. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. These forward-looking statements are based on management's expectations as of the date hereof, and the Company does not undertake any responsibility to update any of these statements in the future.
4201 Connecticut Avenue, N.W.
Washington, D.C. 20008
Ariel Way, Inc.
Phone: (202) 609-7756
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