About World Surveillance Group Inc.
World Surveillance Group Inc. (OTCQB: WSGI) designs, develops, markets and sells autonomous, lighter-than-air advanced aerostats and UAS capable of carrying payloads that provide persistent intelligence, surveillance and reconnaissance (“ISR”), security and/or wireless communications solutions at low and mid altitudes. WSGI’s aerial assets are designed for integration with electronics systems and other high technology payloads for use by government-related and commercial entities that require real-time ISR or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief, maritime and environmental 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 Lighter Than Air Systems Corp.
Lighter Than Air Systems Corp. (LTAS), a wholly owned subsidiary of World Surveillance Group Inc., provides critical aerial and land-based surveillance and communications solutions to government and commercial customers. LTAS systems are designed and developed in-house utilizing proprietary technologies and processes that result in compact, rapidly deployable aerostat solutions and mast-based systems. The LTAS systems have been proven to fulfill critical requirements of the military and law enforcement in the U.S. and internationally.
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include those regarding the Company’s or LTAS’ relationships with US Technik, any of our customers or others, our ability to continue and/or expand such relationships, the ability of US Technik to sell any of LTAS’ or WSGI’s products or other performance under the agreement, our ability to expand our sales pipeline or execute on sales opportunities, the quality of any operational support services or training provided to our customers, LTAS ability to continue to procure and execute on sales, the satisfaction level or other feelings of our customers, the suitability of the LTAS products for any particular application, the ability of the LTAS products to satisfy customer demands or requirements or meet any specific challenges, the ability of the LTAS products to function in accordance with its design expectations, the capabilities, characteristics and advantages of, and costs related to, the LTAS products or the Company’s other technology, products and services, the further advancement, development or commercialization of any of LTAS’ or the Company’s products, the ability of the Company or LTAS to secure business with new customers or grow revenues, and the ability of the Company to execute on its strategies or to accomplish any of its goals or objectives. 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.