American Aires Launches New "LIFETUNE MINI" Product in Advance of 2021 Holiday Season


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Toronto, Ontario - (Newsfile Corp. - October 21, 2021) - American Aires Inc. (CSE: WIFI) (the "Company" or "Aires") is proud to announce the launch of a new product, "LIFETUNE MINI" in the Run-up to the upcoming Christmas season 2021. With the new LIFETUNE MINI, customers have the opportunity to benefit from "portable" protection against the harmful effects of electromagnetic radiation (EMR) / electromagnetic frequency (EMF).

The introduction of the new LIFETUNE MINI marks an exciting development and expands the product range in the Aries portfolio. Ahead of the high season for Christmas shopping, Aires is now able to enter a sizable new segment of the market that has grown exponentially in recent years - a trend the company expects. Wearable products are an emerging trend that enables users to incorporate various tech devices into their daily activities, seamlessly adapt to changing lifestyles, and be worn on any part of the body.

As the only portable product of its kind1, LIFETUNE MINI represents a new and innovative solution that has been developed to reduce electromagnetic radiation from data-transmitting electronic devices such as cell phones, cordless telephones, wireless earphones, wireless headsets, computers, laptops, monitors, smart TVs, Baby monitors, WiFi routers and more.

Based on information gathered through the company's increasing sales data, there is an existing consumer demand around the world for a product like LIFETUNE MINI. With these indications, Aires believes the company will be well positioned to improve its gross margins by adding this product to the sales mix.

Dimitry Serov, Aires Chief Executive Officer, commented, “As the global wearable technology market shows rapid development and innovation, we are seeing this segment transform into a busy industry. That assessment is supported by research firm Gartner, which predicts that global wearable device technology spending will reach $ 81.5 billion this year, up 18% from 20202. "

About American Aires Inc.

American Aires Inc. is a Canada-based nanotechnology company that has developed proprietary silicon-based microprocessors that reduce the harmful effects of electromagnetic radiation (EMR). The technology was developed by a team of senior scientists and verified by independent third party validation, including peer-reviewed studies and publications in scientific journals. Aires' Lifetune products specifically target EMR emitted by consumer electronics devices such as cell phones, computers, baby monitors, Wi-Fi radiation, including the rapidly growing next-generation high-speed 5G networks. Aires is listed on the CSE under the ticker "WIFI". Learn more at www.airestech.com.

On behalf of the board

Company contact:

Dimitry Serov, CEO
Email: dimitry@airestech.com
Phone: (905) 482-4667
Website: www.airestech.com

For more information please contact:

5 Quarter Investor Relations, Inc.
Cindy Gray, CEO & General Manager
Email: wifi@airestech.com
Telephone: (403) 705.5076

Certain information in this press release may contain forward-looking statements that involve significant known and unknown risks and uncertainties. All statements that are not historical facts are forward-looking statements, including, but not limited to, statements about future financial position, business strategy, use of proceeds, company vision, proposed acquisitions, partnerships, joint ventures and strategic alliances and collaborations, budgets, costs and Plans and goals of the company or its involvement. Such forward-looking information reflects the current views of management and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by using terms such as "plan", "expect", "is expected", "budget", "planned", "estimates", "projections", "projected", "intends" , "aims", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases, or may be identified by statements indicating that certain actions "may", "could", "should" "," Would "," could "or" will "be accepted, occur or be achieved. A number of known and unknown risks, uncertainties and other factors could cause actual results or performance to differ materially from future results or performance expressed or implied in the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the control of the company, including, but not limited to, the effects of general economic conditions, industry conditions, and reliance on regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this press release and in the company's annual and quarterly discussion and analysis at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of this information, even if believed to be reasonable at the time of preparation, could prove to be inaccurate and therefore forward-looking statements should not be exaggerated. The company assumes no obligation to update or revise its forward-looking statements as a result of new information, future events or for any other reason, except as required by securities laws.

No securities regulatory authority has approved or disapproved the contents of this press release. The shares have not been and will not be registered under the United States Securities Act of 1933, as amended, or the state securities laws and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States States, lack of registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any common stock in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful. We are looking for a safe haven.

Neither the Canadian Securities Exchange nor its regulatory agency (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Not for distribution on United States Newswire Services or for distribution in the United States. Any failure to comply with this restriction could constitute a violation of US securities laws.

____________________

1Based on management's assessment of publicly available sources.
2https: //www.gartner.com/de/newsroom/press-releases/2021-01-11-gartner-forecasts-global-spending-on-wearable-devices-to-total-81-5-billion-in- 2021 #: ~: text = Worldwide% 20end% 2Duser% 20spending% 20on, latest% 20forecast% 20from% 20Gartner% 2C% 20Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100498


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