May 05, 2008 06:55 ET
Airship Surveillance Receives First Contract With Government Contractor
LAS VEGAS, NV--(Marketwire - May 5, 2008) - Airship Surveillance (AirSur), a Nevada-based
high technology aerospace company, which also has a letter of intent to be
acquired by WENR Corp. (PINKSHEETS: WNRC), stated today that it has
received its first signed contract with a government contractor.
"We are pleased to announce the award of a systems engineering contract
with a Las Vegas-based company, which has extensive contacts in defense,
energy, and academic communities," stated Sandy Mangold of AirSur.
"Airship Surveillance will conduct integration studies for a wide range of
biological, chemical and radiation sensors, which could be flown on our
airships. Further, the contract also calls for the Company to develop an
accompanying series of deployment concepts (Concepts of Operations) for
each specific set of payload suites."
Specific contract details remain confidential, it is anticipated this
integration contract will lead to mating specific sensors on AirSur's
Payload Support Structure (PSS) and flight-testing in the near term.
Paul Adams, AirSur's President, said, "This contract is the first step
towards the deployment of persistent surveillance, communications, and
hazardous material detection sensors on Airship's platforms for use in
homeland security and defense missions."
WENR, Corp. currently has a Letter of Intent to acquire Airship
Surveillance Inc., which is currently in discussions with six potential
sales opportunities. These contracts include several L15, L5, and L2
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. More information may be found at:
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
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.