AER Energy Resources, Inc. Announces Sale of Intellectual Property Portfolio Ceases Operations ATLANTA, Nov. 21 /PRNewswire-FirstCall/ -- AER Energy Resources, Inc. today announced that it has completed the sale of its intellectual property portfolio, essentially all of its remaining assets. The proceeds from the sale were used to satisfy outstanding obligations of the company. The company has ceased all operations and does not plan to have any ongoing operations in the future. This release contains statements which, to the extent that they are not recitations of historical fact, may constitute "forward looking statements" within the meaning of applicable federal securities laws and are based on the Company's current expectations and assumptions. These expectations and assumptions are subject to a number of risks and uncertainties which could cause actual results to differ materially from those anticipated, which include but are not limited to the following: the ability of the Company to obtain other licensees and the ability of the Company to receive offers for its intellectual property portfolio. All forward looking statements contained in this release are intended to be subject to the safe harbor protection provided by applicable federal securities laws. DATASOURCE: AER Energy Resources, Inc. CONTACT: Jon Lindseth of AER Energy Resources, Inc., +1-216-476-2023 Web site:

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