The Alliance Enterprise Corporation (the “Company”) (Pink Sheets:AETR) is pleased to announce another breakthrough in developing its Aerial Landmine Locator System (the “LML”) with the integration of a second airborne vehicle that is designed to rapidly identify land areas embedded with landmines 100 times faster than today’s methods.
The biggest dilemma facing the landmine problem today is determining which areas are clear of landmines and which are not. Inhabitants of these lands are using dogs and de-miners crawling on their stomachs, probing the earth’s surface with a prod to qualify areas.
These inhabitants need idle land to be productive and safe again. The Company’s objective and priority is to fulfill this need in its development of an airborne system that is designed to serve this purpose 100 times faster than existing methods used today.
The Alliance Enterprise Corporation plans to be the key service provider for the landmine clearance contractors operating in 83 countries. It is estimated there are 110 million landmines seeded in these countries and at a current cost to remove a single landmine ranging between $1,000 to $1,500, this translates into an overall market value of $100 to $150 billion dollars.
About The Alliance Enterprise Corporation
The Alliance Corporation’s vision is to be the recognized leader in providing Aerial Detection Systems including global de-mining, clearing a path to a safer planet for all humankind.
Legal Notice Regarding Forward Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (i) the risk that the Company does not execute its business plan; (ii) the inability of the Company to keep pace with technological advancements in the emerging clean power alternative industries; (iii) the Company's inability to adequately protect its intellectual property or the Company's inadvertent infringement of third party intellectual property; (iv) the Company not being able to retain key employees; (v) competitors providing better or cheaper products and technologies; (vi) markets for the Company's products not developing as expected; (vii) the Company's inability to finance its operations or growth; (viii) inability to obtain all necessary government and regulatory approvals; and (ix) the inability to effectively market and commercialize the Company's technologies, including the establishment of viable relationships with third parties. These forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate.
Contacts:
Investor Relations
Mike
Walker, 1-877-278-0107
info@taecorp.com
http://www.taecorp.com
