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Sanswire's STS-111 Unmanned Aerial Vehicle Arrives in US

^{Published on 2010-06-29 07:20:42 - Market Wire}
 

AVENTURA, FL--(Marketwire - June 29, 2010) - Sanswire Corporation (OTCBB: [ SNSR ]), a developer and producer of unmanned aerial vehicles (UAV), announces that its newest UAV, the STS-111, has arrived in the US from its development site in Germany.

Sanswire has turned the STS-111 over to specialized electronics engineering firm, Eastcor Engineering LLC, to perform the initial inspection of the craft and to begin the integration of intelligence, surveillance, and reconnaissance (ISR) technologies into the UAV's sensor bay. Eastcor has already undertaken similar work on Sanswire's SkySat UAV.

Chairman of Sanswire's Board Mr. Michael Clark said, "We are working with Eastcor and our other partners to bring the STS-111 to the marketplace as quickly as possible. My main focus of effort at this point is to get the craft fully integrated and tested with possible payloads and ready for sale. This focused effort, along with my desire to expand the scope of the flight demonstration, has necessitated a rescheduling of the planned flight demo and its relocation to a flight field near Eastcor's facilities in Maryland. I know our shareholders and investors are anxious to see the craft in action, but before we do that, we must work on making the craft fully operational and ready for the market."

Sanswire CEO Mr. Glenn Estrella went on to say, "This is an important time in our company's history. We are about to cross the threshold from a development stage company to a fully functional commercial enterprise. That means that we must focus on producing product and generating future sales and revenues. The important work that Eastcor and our other partners will be doing for us in the near future helps make that goal a reality."

Additional information on the flight demonstration of the STS-111 and the SkySat UAV's will be made available at a later date.

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.