SOURCE: IO News Wire

IO News Wire

January 12, 2010 04:00 ET

(OTC: MNDP) Projected Revenues of $75 Million in 2010

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - January 12, 2010) - Mundus Group, Inc.'s (PINKSHEETS: MNDP) 2010 revenues have been estimated at $75 million dollars by Grass Roots Research and Distribution Inc.

Mundus Groups subsidiary AirStar International, a market leader in Vertical Take Off and Landing (VTOL) Unmanned Air Vehicles (UAV), has had contracts with the US Army, US Navy, Northrop Grumman, and Guided System Technology, with more proposals lined up in the near future.

Applications of AirStar products show to be almost limitless. AirStar UAV's have been used in a wide range of applications from weather forecasting to film work on Hollywood blockbusters like "Terminator Salvation."

To view the entire research report, please visit www.grassrootsrd.com/grassrootsrd/Reports/mundus_group.pdf.

For more information on Mundus Group, visit www.stocksource.us/mndp.html.

Other active stocks are Novavax Inc. (NASDAQ: NVAX), Taser International (NASDAQ: TASR) and Sinovac Biotech (NASDAQ: SVA).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

Contact Information