April 28, 2008 06:30 ET
Airship Surveillance Announces Letter of Intent to Be Acquired
LAS VEGAS, NV--(Marketwire - April 28, 2008) - Airship Surveillance, Inc. is pleased to
announce that it had signed a letter of intent to be acquired by WENR Corp.
Paul Adams, President of Airship Surveillance, Inc., stated, "This is a
significant and extremely positive development for both Airship
Surveillance and, we believe, WENR Corp. Our collaboration to date has
been extremely productive and this latest development will build on that
success to the great benefit of the shareholders of WENR."
He continued, "The Airship Surveillance Team has made great strides through
hard work, skill and dedication to our mission. We have been rewarded with
interest in our products and capabilities from around the world. In the
next few months, we will report on significant company progress and
announce a number of major new initiatives, which will give Airship
Surveillance a unique range of capabilities unmatched by any other
He concluded, "Looking to the future, we intend to be a key player in one
of the most exciting and lucrative persistent surveillance technologies in
the coming decades. By continuing to produce cutting edge, innovative
products and capabilities, we will be an industry leading supplier."
About Airship Surveillance
The Company is developing a series of advanced unmanned airships designed
to fulfill a wide range of roles ranging from surveillance to environmental
monitoring. The company's airships are built to be robust, yet simple to
operate with the twin goals of providing highly reliable airborne platforms
at an affordable cost. Airship Surveillance is a strategic marketing
partner with WENR Corp.
About WENR Corp.
WENR is a holding company, which seeks to acquire marketing rights in
various growth stage companies. WENR provides senior management
assistance, secures working capital for marketing development, and delivers
tailor made campaigns.
The foregoing contains forward-looking information within the meaning of
The Private Securities Litigation Act of 1995. Such forward-looking
statements involve certain risks and uncertainties. The actual results may
differ materially from such forward-looking statements. The company does
not undertake to publicly update or revise its forward-looking statements
even if experience or future changes make it clear that any projected
results (expressed or implied) will not be realized.