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Update: Sanswire Featured in May 6 Issue of The Economist

^{Published on 2010-05-11 07:50:15 - Market Wire}
 

AVENTURA, FL--(Marketwire - May 11, 2010) - Sanswire Corporation (OTCBB: [ SNSR ]), a developer and producer of unmanned aerial vehicles, is spotlighted in an article in the May 6 issue of The Economist. The article reports on Sanswire's recent sale of a SkySat unmanned aerial vehicle to Global Telesat Corporation, the two companies' joint goal of constructing the STS-111 airship, and the design innovations that aim to ensure that the STS-111-based airship design can successfully navigate the stratosphere.

The article, titled "Airships as satellites: Bladder control: A way to fly a balloon in and out of the stratosphere," begins by noting the U.S. military's desire to use lighter-than-air airships as atmospheric satellites. It goes on to describe Sanswire's SkySat, the remotely operated airship designed to carry communications and monitoring equipment, one of which was recently purchased by Global Telesat.

The article next details the unique and sophisticated design of the STS-111 airship, which Sanswire and Global Telesat are developing together, including the airship's pioneering segmented design that will allow future versions to potentially navigate the stratosphere in a way no previous craft has managed. The article concludes by noting that tests of a larger-sized STS-111-based airship at high altitude are expected to begin next year.

To read the complete article online, please visit
[ www.economist.com/science-technology/displaystory.cfm?story_id=16056359&fsrc=rss ]

About The Economist
Edited in London since 1843, The Economist is a weekly international news and business publication, offering clear reporting, commentary and analysis on world current affairs, business, finance, science and technology, culture, society, media and the arts. As noted on its contents page, The Economist's goal is to "take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress." Printed in five countries, worldwide circulation is now over one million, and The Economist is read by more of the world's political and business leaders than any other magazine.

About Sanswire Corp.
Sanswire Corp. (OTCBB: [ SNSR ]) is a developer of integrated aerospace communications products and services. The company specializes in the design and construction of autonomous, lighter-than-air UAVs (Unmanned Aerial Vehicles) capable of carrying payloads that provide persistent security solutions at low, mid, and high altitudes. Sanswire's airships and auxiliary products are designed for use by commercial and government-related entities that require real-time intelligence, surveillance, and reconnaissance support for homeland defense, maritime, and border missions. The company's long-term objective is to develop and deliver state-of-the-art airship technology that will operate at a stratospheric height with a broad set of government and commercial solutions.

Forward-Looking Statements
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company's previously reported actual results and performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.