aeroTelesis, Inc. Issues Letter to Shareholders.

Business WireJune 17, 2004

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aeroTelesis, Inc. Issues Letter to Shareholders.

LOS ANGELES -- aeroTelesis, Inc. (OTCBB: AOTL) Chairman and CEO, Dr. Jagan Narayanan, issued the following Letter to Shareholders:

Dear Shareholders:

As there are many of you who have been keeping track of the Company's performance over the past year, I believe that it is timely for you to receive some direct communication from me. In this letter, I will explain the transitions and progress that the Company has been making. It is also my intention that this letter serves as an outline of our development plan. I hope to clearly define our core business activities and describe our plan to institutionalize the Company with the proper business and management elements required to drive our long term growth and future success.

Since I became Chairman and CEO of the Company in January 2004, I have been able to complete a thorough review of the busine...

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