KENNEDY SPACE CENTER, FL – World Surveillance Group Inc. (OTCBB: WSGI), a developer of lighter-than-air unmanned aerial vehicles (“UAVs”) and related technologies, announced today that the Company has entered into an agreement with one of the nation’s premier business development firms, Gemini Global Group (“G3″). With offices in Washington, D.C. and Austin, Texas, G3 is a leader in providing procurement assistance, identification of commercial and government business opportunities, political advocacy and regulatory assistance to a global customer base. WSGI and G3 have jointly developed a business procurement strategy for the Company and its wholly owned subsidiary, Global Telesat Corp. (“GTC”), and have begun to implement a number of initiatives to execute on such strategy following the Company’s recent Argus One UAV flight demonstration in Nevada and GTC’s launch of its mobile satellite services portal www.gtc-usa.com.
WSGI’s President and CEO, Glenn D. Estrella, stated, “We are extremely excited to be working with a firm as renowned as the Gemini Global Group. We have already begun to see the tremendous value G3 brings to WSGI and GTC, and we look forward to working with G3 to implement the business development strategy that we have jointly established.”
Ben Barnes, co-founder of Gemini Global Group, said his entire team is enthusiastic about the potential for WSGI. “There are many, many places in both the public and private sectors where this technology can alleviate critical problems,” Barnes said. “We are pleased to be able to represent WSGI.”
About Gemini Global Group
G3 was formed through the combination of the Ben Barnes Group, founded and led by former Texas Lt. Gov. Ben Barnes, and Strategic Partnerships, Inc. (“SPI”), founded and led by former Texas state officeholder Mary Scott Nabers. With offices in Austin, TX and Washington, D.C., the Ben Barnes Group has provided for the last 22 years a range of consulting services, including strategic planning, advocacy at both the state and federal levels, crisis management, regulatory representation, business development, procurement consulting and policy guidance, to a global customer base. SPI is a government procurement consulting and national research firm. Its team of consultants and subject matter experts includes former public sector executives and decision-makers from all levels of government. The SPI team has provided procurement consulting, strategy development, government affairs assistance, communication outreach, research, training and advocacy for clients since 1995.
About World Surveillance Group Inc.
World Surveillance Group Inc. (OTCBB: WSGI) designs, develops, markets and sells autonomous, lighter-than-air UAVs capable of carrying payloads that provide persistent security and/or wireless communications solutions at low, mid, and high altitudes. WSGI’s airships, when integrated with electronics systems and other high technology payloads, are designed for use by government-related and commercial entities that require real-time intelligence, surveillance and reconnaissance or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief and maritime missions. For more information regarding WSGI, please visit www.wsgi.com, or view our reports and filings with the Securities and Exchange Commission on http://www.sec.gov.
About Global Telesat Corp.
GTC provides satellite airtime and tracking services to the U.S. government and defense industry end users and resells airtime and equipment from leading satellite network providers such as Globalstar, Inmarsat, Iridium and Thuraya. GTC specializes in satellite tracking services using the Globalstar satellite network and owns a number of network infrastructure devices containing the signal processing technology that powers the Globalstar Simplex Data Service. GTC’s equipment is installed in various ground stations across Africa, Asia, Australia, Europe and South America. For more information regarding GTC, please visit www.gtc-usa.com.
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include those regarding the benefits, conduct, results, future activities or development of or related to the Company’s relationship with Gemini Global Group, the procurement of any business by the Company or GTC as a result of the agreement with Gemini, and the Company’s ability to execute on its strategies or business plan or accomplish any of its goals. The words “forecast,” “project,” “intend,” “expect,” “plan,” “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 to not achieve some or all of its goals or the Company’s previously reported actual results, 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.