2013-01-17 15:08:13 -
KENNEDY SPACE CENTER, FL -- (Marketwire) -- 01/17/13 -- World Surveillance Group Inc. (OTCQB: WSGI), a developer of lighter-than-air unmanned aerial vehicles ("UAVs") and related technologies, today announced that its wholly owned subsidiary, Global Telesat Corp. ("GTC"), has been awarded a $605,000 contract from the United States Department of Defense for a set of Blimp in a Box ("BiB") aerostat systems. The contract award includes on-location support for technical fact gathering, installation and training for the BiB systems. The BiB systems will be delivered to an army base where they are intended to provide semi-persistent, mobile intelligence, surveillance, and reconnaissance ("ISR") at the platoon level. Delivery, installation and on-site training of the initial BiB systems, spares and payloads are scheduled to be completed by the end of March.
The BiB aerostat system is designed to provide real-time day/night high definition footage for ISR, detection of improvised explosive devices ("IEDs"), border security and other governmental and civilian uses. The turn-key BiB system is packaged in a standard size crate that is mounted to a trailer and towed from the back of a MAT-V, HUMVEE, pickup truck or other comparable vehicle and can be rapidly deployed within minutes by a two man crew. With the push of a button, the system is activated, the prepackaged envelope, which carries a day/night electro-optical/infrared camera, automatically inflates to the applicable pressure for the mission and is secured to the vehicle by a data capable tether. The BiB system is released from the vehicle by an automated launch and recovery system to an operational altitude appropriate for the application. Once deployed to the operational altitude, the BiB system can provide critical detection capabilities for several miles and the vehicle can proceed on its mission through any terrain with the BiB system fully functional. Following completion of a mission, the BiB system is designed to quickly and automatically be retrieved and can either be mounted inflated allowing the vehicle to move on to its next destination where the BiB system can be re-deployed, or the BiB system can be deflated and re-packed into the self contained crate.
WSGI President and CEO Glenn D. Estrella stated, "We are honored that GTC has been selected by the United States Department of Defense to provide a system that supports our troops in the critical challenges of providing aerial reconnaissance for moving platoons. We and GTC look forward to working with the DoD and our customers to deliver advanced systems that meet their demanding and critical requirements."
For additional information please visit www.blimpinabox.com : www.blimpinabox.com/
About World Surveillance Group Inc.
World Surveillance Group Inc. (OTCQB: WSGI) designs, develops, markets and sells advanced aerostat systems and 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 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 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 : www.wsgi.com/
, or view our reports and filings with the Securities and Exchange Commission on http://www.sec.gov : www.sec.gov/
About Global Telesat Corp.
GTC markets and sells advanced aerostat systems and provides mobile voice and data communications services globally via satellite to the U.S. government, defense industry and commercial users. GTC specializes in services related to the Globalstar satellite constellation, including ground station construction, satellite telecommunications voice airtime, and tracking services. GTC has an e-commerce mobile satellite solutions portal and is an authorized reseller of satellite telecommunications equipment and services offered by other leading satellite network providers such as Inmarsat, Iridium, and Thuraya. 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 : www.gtc-usa.com/
Certain statements in this release constitute forward-looking statements. These statements include those regarding the relationship with the DoD, the timing of delivery of any BiB systems, the expected payloads or systems to be carried on the BiB system, the suitability of the BiB system for any particular application, the ability of the BiB system to satisfy customer demands or requirements or meet any specific challenges, the ability of the BiB system to function in accordance with its design expectations, the further advancement, development or commercialization of the Company's or GTC's products, the capabilities, characteristics and advantages of, and costs related to, the Company's or GTC's technology, products and services, the ability of the Company or GTC to secure business with new customers or grow revenues, and the ability of the Company or GTC 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.
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