SOURCE: Cyber Defense Systems, Inc.

June 13, 2007 11:20 ET

Cyber Defense Receives 2007 Frost & Sullivan Award for Best Bang for the Buck for Its CyberBug

ST. PETERSBURG, FL--(Marketwire - June 13, 2007) - Cyber Defense Systems, Inc. (OTCBB: CYDF), a designer and developer of next generation unmanned aerial vehicles (UAVs), announced that Frost & Sullivan has recognized Cyber Defense Systems, Inc. with its 2007 Award for Best Bang for the Buck for the development of the family of CyberBugs.

Each year, Frost & Sullivan, a global growth consulting company, presents Best Practices Awards to companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance.

The Award for Best Bang for the Buck is given to the company that has provided customers with the solution and/or service that provides the highest ratio of value to cost. The recipient has provided customers with a product that provides quality, while staying extremely competitively priced.

"This is a great honor for a small company that competed with the giants of the industry for this award, such as AAI, a subsidiary of United Industrial Corporation that recently received the Frost & Sullivan technology innovation award. This also reflects Cyber Defense's continued investment in designing and developing innovative unmanned aircraft systems and intelligence-gathering technologies that can be utilized by both the military, law enforcement and commercial security operations around the world," said Billy Robinson, CEO.

Cyber Defense was selected for the 2007 Best Bang for the Buck Award for Technology Innovation for its design, development, and production of the CyberBug® family of unmanned aircraft systems, led by the CyberBug B, currently in use with organizations such as the Naval Post Graduate School, U.S. Air Force Academy, U.S Forestry Service and the Gaston County police department. Other government and research organizations have used the CyberBug® with great success.

ABOUT FROST & SULLIVAN

Frost & Sullivan has been partnering with clients to create innovative growth strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. www.awards.frost.com

ABOUT CYBER DEFENSE SYSTEMS

Cyber Defense Systems, Inc. (OTCBB: CYDF) (http://www.cduav.com) is designing and building a new generation of UAVs. Cyber Defense, located in St. Petersburg, FL, is currently marketing airships and their CyberBug™ UAVs to various branches of the U.S. government and U.S. allies as multi-use platform vehicles capable of deployment in surveillance and communication operations.

Techsphere Systems International, Inc. ("TSI") (http://www.techsphere.us) is a wholly owned subsidiary of Cyber Defense. TSI, located in Columbus, GA, is a manufacturer of low and mid altitude airships. Together with their teaming companies, Techsphere designs and builds unique airship platforms for use in many areas including surveillance, the military and wireless communications. The current SA 60 spherical airship design holds the world altitude record at over 20,000 feet.

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and those actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Contact Information

  • Contact:

    Cyber Defense Systems, Inc.
    Billy Robinson
    727-577-0878
    billy@cduav.com

    Rachel Messenger
    Promotions Coordinator/Best Practices
    Frost & Sullivan
    rachel.messenger@frost.com
    voice: 210.477.8425
    fax: 210.348.1003