Message #3 From:
NewsBot Date: October 11, 2006 06:35:00 AM
GNBA News Groen Brothers Aviation 'Benchmark' Research Coverage To Be Initiated By Investrend Research
NEW YORK--(BUSINESS WIRE)--(Investrend Research Syndicate) Groen Brothers Aviation (OTCBB: GNBA)
has enrolled in the unique shareholder empowerment platform administered
by Investrend Communications, Inc., a provider of financial intelligence
programs.
“Benchmark” research
coverage will be initiated by analyst Gary Vassalotti, who is also lead
analyst for Investrend’s Homeland Security
Sector research coverage commissioned by Cronus Capital Markets.
Investrend Research is located on the web at http://www.investrendresearch.com
, and the analysts’ qualifications are at http://www.investrend.com/articles/secondlevel.asp?level=238
.
Groen Brothers Aviation, Inc. (GBA) is engaged in the business of
designing and developing new high performance gyroplanes and gyrodynes
using advanced technology and modern aerospace design methods. GBA is
headed by David Groen, President & CEO. He is supported by highly
experienced aviation executives in key roles. GBA's Corporate
Headquarters are located in Salt Lake City, Utah, USA, with its current
manufacturing facility on the same site. GBA also operates a flight test
and R&D facility in Buckeye, Arizona, near Phoenix.
Since its inception twenty years ago, GBA has been involved in an
extensive research program in the design, engineering, development,
testing and marketing of gyroplane and gyrodyne aircraft. As a result
GBA has successfully developed innovative technology that has brought
autorotative flight into the modern age.
GBA is the world’s leading developer of
autorotative flight aircraft, including the 4-place, USTOL Hawk 4, the
world’s first turbine powered gyroplane. GBA
announced in October, 2005 that the US Defense Advanced Research
Projects Agency (DARPA) selected a GBA-led team to design a proof of
concept high speed, long range, vertical takeoff and landing (VTOL)
aircraft designed for use in Combat Search and Rescue roles. GBA,
through its American Autogyro division, markets the kit-built, 2-place
SparrowHawk Gyroplane. The SparrowHawk is also an excellent entry level
air surveillance vehicle for many law enforcement agencies. GBA’s
autorotative technology is applicable to a wide scale of size, from
small UAVs to large Gyrodynes capable of lifting more than 20 tons.
Investrend Research has been the leading independent equity research
publishing and distribution program since 1996, with over 75 qualified
professional analysts posting more than 1,000 reports to date. Anyone
may enroll a company in the Investrend platforms. Enrollment fees for
the “Benchmark”
research platform are $26,800, which is being paid by Cronus Capital
Markets, a “third party.”
Analysts are paid in advance for their initial reports by Investrend
Research to limit or eliminate pecuniary interests, and no one
associated with the program may own or trade in the equities of
companies under coverage.
The company has also been enrolled in the shareholder-monitoring program
by the Shareholders Research Alliance (http://www.shareholdersresearch.com),
established to eliminate conflict and bias, and Investrend subscribes to
the exacting “Standards for Independent
Research Providers” at http://www.firstresearchconsortium.com
