SOURCE: IO News Wire

IO News Wire

December 08, 2009 02:00 ET

(PINKSHEETS: MNDP) Expands Operations of Subsidiary AirStar International

Note to Editors: The Following Is an Investment Opinion Issued by the IO News Wire

NEW YORK, NY--(Marketwire - December 8, 2009) - Mundus Group, Inc. (PINKSHEETS: MNDP) is expanding operations, adding sales resources and increasing manufacturing capabilities of its wholly owned subsidiary AirStar International in order to grow its footprint in the Vertical Take Off and Landing (VTOL) Unmanned Aircraft Vehicle (UAV) market.

The development and advances in VTOL UAV technology has been the catalyst for AirStar International's growth. With recent sales to government entities both foreign and domestic, AirStar should see substantial and measurable growth in the near future as more agencies adopt uses for VTOL UAV's. VTOL UAV's are already used for weather tracking, disaster assessment, sporting events and filming purposes. The market is expected to widen to even more applications.

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