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updates by e-mail, please send us an
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Shareholders: If your shares
are currently in your possession rather than with a brokerage firm, please
keep your mailing address updated with Pacific Stock Transfer Company, 500
E. Warm Springs Road,
Suite 240, Las Vegas, NV 89119, (702)
361-3033 |
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IntelliJet Marine and Art Anderson Associates to Present at
Advanced Naval Propulsion
Symposium 2008
Redmond, WA -
August 5, 2008 – IntelliJet Marine, Inc. and Art Anderson Associates will
present the revolutionary IntelliJet™ technology at the Advanced Naval
Propulsion Symposium 2008. The Symposium’s stated purpose:
“Changing requirements for the application of
Naval Forces … have heightened interest in advanced propulsion systems for
naval ships and craft. Major areas of concern include high speed transport,
reduced manning, increased reliability, reduced life cycle cost and
compatibility with all electric ship concepts. This symposium seeks to
promote a discussion of current and future concepts for advanced naval
propulsion systems and how they might be effectively applied for future
naval forces.”
IntelliJet
President Jeff Jordan states, “We are entering the
IntelliJet™
Age of marine propulsion, and this is the ideal stage for our presentation.
This technology will enhance the efficiency of gas, diesel and electric
ships and boats over a wide range of operating speeds and loads.”
Ron Selvidge,
Vice President of Research at Art Anderson Associates states, “More
efficient propulsion enables new vessel designs, as well as solutions to old
problems. No one will think of Naval Architecture the same way after this.”
Jordan and
Selvidge will be submitting a related technical paper for peer review and
publication in the Journal of the American Society of Naval Engineers.
IntelliJet™
technology is an essential element of cleantech for recreational boats,
yachts and commercial craft. It offers up to 50% reduction in fuel
consumption and maximum safety for humans and marine life.
The Symposium
will be held December 15 and 16 in Arlington, Virginia. For more info, go
to
http://www.navalengineers.org/Events/ANP2008/ANPHome.html .
About IntelliJet Marine,
Inc.
IntelliJet Marine,
Inc. is an early-growth stage company formed to develop and market advanced
marine propulsion technology. The company has U.S. and New Zealand patents,
and patents pending in Canada, the European Union and Australia. Videos of
the IntelliJet prototypes, the nozzle and variable pump, can be seen on its
Website
http://www.iiJet.com.
About Art Anderson
Associates
A marine
engineering firm based in Bremerton, Wash., Art Anderson Associates is
geared toward increasing vessel power and speed through alternative
propulsion and engine design in military and commercial ships.
http://www.artanderson.com
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IntelliJET Marine and Art
Anderson Announce JV Marketing Agreement
Redmond,
WA – July 16, 2008 – IntelliJet Marine, Inc. and Art Anderson Associates
announced today that they have signed a broad joint marketing agreement.
Under this agreement:
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Anderson will
broaden its business development effort to generate U.S. military
research funding for projects incorporating the IntelliJet technology.
IntelliJet will team exclusively with Anderson to bid on Small Business
Innovative Research (SBIR) topics and other U.S. Government-funded
research. The SBIR program provides early-stage R&D funding to small
technology companies. Proposals are judged competitively on the basis of
scientific, technical and commercial merit.
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Anderson will act as
the exclusive agent for licensing of IntelliJet technology in
applications over 2000hp.
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IntelliJet will
employ Anderson exclusively for marine architecture and engineering
services related to the application of IntelliJet technology under the
licenses.
The
IntelliJet technology offers a much broader range of efficient operation,
creating opportunities for new vessel designs that carry more and go faster
while using less fuel. IntelliJet President Jeff Jordan states, “Marine
propulsion will finally benefit from computer-controlled functions like the
ones that have revolutionized aircraft and automobiles, dramatically
reducing fuel consumption, emissions, noise and injuries.”
Ron
Selvidge, Vice President of Research at Art Anderson Associates states, “For
the first time, there is a propulsor that provides the breadth of bollard
pull and high speed efficiency that many of our military and commercial
customers need. This is why we are proud to bring this IntelliJet
capability to our customers.”
The
technology is applicable to recreational boats, yachts and commercial craft,
in addition to military boats and ships.
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IntelliJet to Present at
NSRP
Redmond, WA - May 22, 2008 – Jeff Jordan, President of IntelliJet Marine,
Inc. will present the innovative IntelliJet™ technology to the Product
Design and Materials Technology Panel Meeting of the National Shipbuilding
Research Program (NSRP). The meeting will be held at the Crowne Plaza Hotel
in Seattle on June 4 at 10 a.m. and is open to the public, although
registration is preferred.
http://www.nsrp.org/events.html
IntelliJet Marine is working with the Bremerton naval architect and marine
engineering firm, Art Anderson & Associates, to incorporate IntelliJet™
technology in military craft.
The NSRP was created to reduce the cost of building and maintaining U.S.
Navy warships and to provide a collaborative framework to improve
ship-related technical and business processes.
Mr. Jordan has also recently presented at two investor forums in Seattle,
the ZINO Society’s Zino Green Socially Conscious Investment Forum and the
Early Stage Investment Forum of the Northwest Entrepreneur Network.
His oft-stated message is that, “We expect the IntelliJet solution to
dominate the boat market, because the IntelliJet™ will do for boats what the
jet has done for airplanes. It features real-time computer control of a
high-capacity jet. This patented technology delivers outstanding
performance, up to 50% fuel savings, and reduced emissions. This makes for a
smooth, quiet, easy to drive boat with high acceleration and load carrying
capacity. It also sets new standards for safety, reliability, and ease of
service.”
The IntelliJet is applicable to recreational boats, large yachts, and
military craft.
The technical details are well-documented in issued patents, white papers,
demo videos, and PowerPoint presentations to industry groups, available at
www.iiJet.com.
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Patent Issued for
Variable Marine Jet
Redmond,
WA September 11, 2007 -- IntelliJet Marine, Inc. has been granted U.S.
Patent # 7,241,193 for its Variable Marine Jet propulsion technology. The
company believes the IntelliJet™ technology will answer the expressed desire
from boaters for greater reliability, more economical operation, and
increased maneuverability and safety.
The company is currently
testing the IntelliJet™ and preparing to go into proto production.
The technology incorporates
continuously variable power transmission (CVT), now becoming standard in
automobiles, and simplifies operations by eliminating the need for reverse
gearing or a reversing bucket. “Existing boats utilize a fixed drive system
that hasn’t been seen in automobiles since the Model T. The IntelliJet™ is
naturally expected to enhance fuel economy and engine life in boats, just as
transmissions have in automobiles,” says Jeff Jordan, President of
IntelliJet Marine, Inc.
Management expects the IntelliJet™ system
to
offer better efficiency than conventional jets and propellers over a wide
range of operating speeds and loads.
The technical details are well documented in issued patents, white papers,
demo videos, and PowerPoint presentations to industry groups, available at
www.iiJet.com.
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About
IntelliJet Marine, Inc.
IntelliJet Marine, Inc. is an early growth stage
company formed to develop and market advanced marine propulsion technology.
The company’s design integrates well-proven hydrodynamic principles with
microprocessor controls to efficiently deliver optimal thrust over a wide
range of acceleration, speeds, and loads. The company has four issued U.S.
patents and patents pending in Canada, the European Union, New Zealand and
Australia. A virtual reality video of the IntelliJet design can be seen on
its website
http://www.iiJet.com.
Formerly
Marine Jet Technology Corp
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Summary of 2005 Actions
IntelliJET Marine, Inc.:
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assumed all assets and liabilities of Marine Jet Technology Corp,
effective January 20, 2005.
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has the same shareholders, officers and directors, as did Marine Jet
Technology Corp. on January 20, 2005.
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is continuing with its business plan to develop, license and sell marine
propulsion technology.
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does not plan to register with the SEC, and its stock will not be free
trading any time soon.
Effective February 9, 2005, the
controlling interest in the Marine Jet Technology Corp shell was acquired by
Keating Reverse Merger Fund.
For further information about Marine Jet Technology Corp (MJET), search the
SEC website
www.sec.gov or contact
Marine Jet Technology Corp.
Patrick Chow, Chief Financial Officer
5804 E. Slauson Avenue
Commerce, CA 90040
(323) 725-5555
Back to Top
Frequently
Asked Questions:
Q. Does this mean I own
shares of both MJET and IntelliJet?
A.
Yes, if you owned shares of MJET before January 24, 2005, you own an equal
number of shares in IntelliJET Marine, Inc.
Q. If I still own MJET
and I sell the shares, do I lose shares of IntelliJet?
A.
No. You own shares in two separate entities. You can sell your MJET
shares and still retain your stock in IntelliJET Marine.
Q. Will IntelliJet go
public at some later date after products are developed? What plans can you
tell me about for IntelliJet.
A. IntelliJET does not plan to register with the SEC and its stock will not
be free trading any time soon. We anticipate that the most likely eventual
exit strategy is the merger of IntelliJet into a larger company, but there
are no current discussions with any potential buyers.
February 9,
2005
The following are excerpts from a letter to shareholders of IntelliJet
Marine, Inc. dated February 4, 2005
To the Stockholders of Marine Jet Technology Corp.
Re: Distribution of Shares of Common Stock of Intellijet Marine,
Inc.
Dear
Stockholder:
This letter is being provided to you by
the Board of Directors of Intellijet Marine, Inc. (“Intellijet”), a Nevada
corporation organized on October 22, 2004. Recently, you received the
Schedule 14f-1 Information Statement filed by Marine Jet Technology Corp.
(“Marine Jet”) with the Securities and Exchange Commission on January 13,
2005. The Information Statement furnished you with certain information in
connection with the proposed sale by Mr. Jeff P. Jordan of all of his shares
of common stock, representing 70.1% of the outstanding shares of common
stock, of Marine Jet and the resultant change of control of Marine Jet.
In connection with the above-described transaction, Marine
Jet organized Intellijet as a wholly-owned subsidiary and, on January 20,
2005, Intellijet entered into an agreement with Marine Jet providing for
Marine Jet to transfer all of its assets to Intellijet and for Intellijet to
assume, and indemnify and hold harmless Marine Jet for, all of the
liabilities and obligations of Marine Jet. Subsequently, the Boards of
Directors of Marine Jet and Intellijet . . . . . authorized the
distribution of all of the 21,822,570 outstanding shares of common stock of
Intellijet owned by Marine Jet to the stockholders of Marine Jet of record
on January 24, 2005 . . . . . . on a pro rata basis (the “Distribution”).
. . . . .The shareholders of Marine Jet have received stock representing the
number of shares of common stock of Intellijet that is equivalent to the
number of shares of common stock of Marine Jet that you currently own.
. . . . . . . . . . The Boards of Directors of Marine Jet and Intellijet
determined that the Distribution would be in your best interest for the
following reasons:
·
Intellijet will be a private corporation focused on the further
development and sale of marine jet technology. . . . . .
·
We believe that Intellijet will have a better chance of commercializing
the technology that Marine Jet has worked to develop for so long because
Intellijet will not have to cope with the complex problems and financial
burdens associated with the new regulations affecting public companies.
·
Marine Jet will continue to be a public company with its shares of common
stock traded on the OTCBB.
·
You will continue to own the shares of common stock of Marine Jet that you
currently own . . .
Sincerely,
IntelliJet Marine, Inc.
4805 158th
Court NE
Redmond, WA 98052-5261
425-869-2723
info@intelliJetMarine.com
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