SOURCE: Drone Aviation Corp

Drone Aviation Corp

June 11, 2014 09:00 ET

Drone Aviation Delivers Blimp in a Box System to the Ohio Department of Transportation

Customer Awards Additional Purchase Orders for Advanced Surveillance Equipment to Be Utilized With the Blimp in a Box System

JACKSONVILLE, FL--(Marketwired - Jun 11, 2014) - Drone Aviation Corp. ("DAC"), a wholly owned subsidiary of Drone Aviation Holding Corp. (PINKSHEETS: DRNE), a developer of specialized tethered drones and lighter-than-air aerostats, has completed the initial delivery of a Blimp in a Box™ 100 (BiB-100) system to the State of Ohio Department of Transportation ("ODOT"). Immediately following the delivery, a demonstration of the BiB-100 was conducted for over fifty State officials from various departments including, Corrections, Agriculture and the Ohio State Air National Guard. Additionally, the customer awarded DAC further purchase orders for a highly advanced electro-optical /infrared sensor payload and advanced aerial imaging and mapping equipment, all of which all work in conjunction with the BiB-100.

Unlike a free flying drone or stadium-sized, fixed aerostat platform, the highly mobile BiB-100 aerostat system utilizes a high strength, power tether line to remain connected to an integrated trailer where secure communications are transmitted. The commercial BiB systems are designed to provide incident awareness and assessment and can be used to monitor illegal activity, identify and monitor traffic patterns, or provide disaster response in a secure manner without the risk of being intercepted or jammed. The compact design allows the BiB-100 to be mounted in a self-contained, high strength "box", which is mounted to a standard trailer and can be towed by standard commercial vehicles or light trucks.

The BiB aerostat systems are a cost effective aerial platform utilizing a unique tethering technology making it able to safely operate in the National Airspace in compliance with FAA regulations. Military versions of the BiB aerostat systems are intended to provide semi-persistent, mobile, intelligence, surveillance and reconnaissance ("ISR") as well as extend communications for troops. The BiB aerostat systems are designed to provide real-time, day/night, high definition footage for ISR, detection of activity, improvised explosive devices, border security and other governmental and civilian uses.

Drone Aviation Holding Corp. CEO, Felicia Hess, stated, "With the delivery of the BiB-100 to the ODOT and the successful demonstration to State officials, we now can plan to commence training and live exercises that will demonstrate how effective the BiB can be for State and local departments requiring an aerial asset to provide persistent coverage over an area of interest. The ODOT required a cost-effective, reliable solution to meet the requirements of its mission and the ODOT found that in the BiB-100, as opposed to the danger and restrictions on free flying drones and the expense of manned small airplanes and helicopters. We are excited about working with our customer and supporting them as they integrate the BiB-100 into their workforce."

About Drone Aviation Holding Corp.

Drone Aviation Holding Corp. (DRNE) provides critical aerial and land based surveillance and communications solutions to government and commercial customers. Utilizing a unique tethering capability, drone systems operate in the National Airspace within FAA guidelines for safe operations. Drone systems are designed and developed in-house utilizing proprietary technologies and processes that result in compact, rapidly deployable aerostat solutions and mast based systems that have been proven to fulfill critical requirements by the military and law enforcement in the U.S. and to our allies around the world. For more information about Drone Aviation Holding Corp please visit www.DroneAviationCorp.com, or view our reports and filings with the Securities and Exchange Commission on http://www.sec.gov, including the Risk Factors included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013 and in our Current Report on Form 8-K filed with the SEC on June 5, 2014, as well as our Quarterly Report for the quarter ended March 31, 2014 filed May 8, 2014 and our Current Report on Form 8-K filed with the SEC on May 5, 2014 related to the transactions.

Forward-Looking Statements

This press release contains certain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements include those regarding Drone's relationship with the DOT and our ability to continue and/or expand such relationship, the results of any demonstrations of Drone's products, the suitability of the Drone aerostat systems or components for any particular application, the ability of the Drone aerostat systems or components to satisfy customer demands or requirements or meet any specific challenges, the ability of the Drone aerostat systems or components to function in accordance with their design expectations, the capabilities, characteristics and advantages of, and costs related to, the Drone aerostat systems or components as compared to any competitors, the further advancement, development or commercialization of any of Drone's products, the ability of Drone to secure further business with the DOT or other new customers or grow revenues, and the ability of Drone to execute on its strategies or to accomplish any of its goals or objectives. The words "forecast," "project," "intend," "expect," "plan, " "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. Important factors that may cause results and outcomes to differ materially from those contained in these forward-looking statements included in this press release are described in our publicly filed reports. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

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