SOURCE: Vision Airships, Inc.

June 11, 2007 12:00 ET

Vision Airships, Inc. Expansion Plans in the Works

BANGKOK, THAILAND--(Marketwire - June 11, 2007) - Vision Airships, Inc. (PINKSHEETS: VPSN)

The company wishes to announce that it is in negotiations to acquire two more blimps -- one for the United Kingdom and the other for the Asia region. Both airships will be under contract to some of the world's biggest advertising agencies and the world's biggest advertisers.

The company is currently in talks with several major advertising firms and several major international companies to utilize these blimps in their respective markets.

"We are very excited by the prospects of expanding our fleet of airships to take advantage of the growth in alternative advertising mediums," stated Somsak Injan -- President of Vision Airships. "We expect to add more ships in the coming months ahead to satisfy the demand for our services. We are on the road to explosive growth in the coming months ahead," he added.

ABOUT VISION AIRSHIPS

Vision Airships is set to become a worldwide operator of blimps used for advertising around the world. As the advertising market gets more crowded in conventional mediums -- the use of alternative forms of advertising is gaining more and more traction -- this is where Vision Airships comes in and supplies the end to end solution to major advertisers worldwide with is unique form of alternative displays.

The size of the market worldwide will support 24 airships which would bring in approximately $400,000,000 annually.

Safe Harbor

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

Contact Information

  • Investor Relations:

    CONTACT:
    Vision Airships Inc.
    Telephone 669-4-771-2173
    Fax 662-391-8906
    E-mail info@visionairships.com