Business Summary Aura Systems, Inc. engages in the development, commercialization and sales of products, systems and components using its patented and proprietary electromagnetic and electro-optical technology. The Company's proprietary and patented technology has been developed for use in systems and products for commercial, industrial, consumer, and government use. The Company's operations are now focused on manufacturing and commercializing the AuraGen family of electromagnetic products, with applications for military, industry and the consumer. The AuraGen is a unique, patented electromagnetic generator that is mounted to the vehicle engine, which generates both 110 and 220 volt AC power at all engine speeds including idle. Commercial production of the AuraGen commenced in fiscal 1999 and is being distributed and sold through dealers, distributors, and OEMs.
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