The Board of Directors of Aura Systems, Inc. appointed Mr. Ronald Buschur and Mr. Si Ryong Yu to fill two vacancies on the Board of Directors of the Company. It was not determined on which, if any, committee of the Board of Directors Mr. Yu or Mr. Buschur would serve. Mr. Ronald Buschur is a senior executive with extensive international resources, experience, and broad global relationships. Mr. Buschur previously served as CEO and a director of NASDAQ-listed technology company, Powerwave Technologies, Inc. Mr. Si Ryong Yu, has been an outside consultant to the Company since 2009 and has been instrumental in facilitating various Company projects for the South Korean military.
Aura Systems, Inc. (Aura) designs, assembles, tests, and sells its Axial Flux Induction Motor solution and mobile power known as the AuraGen for commercial and industrial applications and the VIPER for military applications. Its business model consists of components such as sales and marketing, design and engineering. Aura's sales and marketing approaches are composed of direct sales in North America and the use of agents and distributors in other areas. In North America, its primary focus is on mobile exportable power applications, electric vehicles applications, United States Military applications and industrial/commercial motor as well as mobile power applications. Its business model is focused on the design of new products and engineering support for sales activities. The engineering support consists of the introduction of new optimized power levels for electric motors and new features for its AuraGen/VIPER solution, such as torque solutions and different input and output voltages.
AURA SYSTEMS, INC. 
