Business Services Industry
PowerSki Makes InfoWorld Media Group's List of Top 100 Tech Projects
Business Wire, Nov 12, 2003
Business Editors
TORRANCE, Calif.--(BUSINESS WIRE)--Nov. 12, 2003
Nova Communications Ltd. (OTCBB: NCVM) announced today that the PowerSki Jetboard was named as an "InfoWorld 100 Winner."
The award was given for 100 outstanding Information Technology projects, with PowerSki being named under the Manufacturing/Distribution category.
The PowerSki Jetboard and its patented engine were created using the most sophisticated technologies and engineering innovations. The Jetboard has received numerous additional awards from the likes of Popular Mechanics, Design News, Popular Science, and Time Magazine. Most recently, the Jetboard was featured as the cover story in Machine Design Magazine.
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More information regarding the 2003 InfoWorld 100 Awards is available at http://www.infoworld.com/.
> About Nova CommunicationsNova Communications recently announced that it has entered into a Memorandum of Understanding to close a merger with PowerSki International, the designer and manufacturer of the patented PowerSki Jetboard, the World's most innovative watercraft.
To learn more about the World's most innovative watercraft and to view behind the scenes footage of the Jetboard in action for Fox Sports' 54321 sports program, please visit http://www.ncvm.net or http://www.powerski.com/home.html.
> Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the telecommunications industry, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.Nova Communications has and continues to institute changes to its strategies, operations and processes to address these risk factors and to mitigate their impact on Nova Communication's results of operations and financial condition. However, no assurances can be given that Nova Communications will be successful in these efforts.
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