SOURCE: Drone Aviation Corp.

Drone Aviation Corp.

October 01, 2014 09:00 ET

Drone Aviation Expands Government Distribution With GSA Listing Through Prime Contractor Ads

GSA Listing Expands Sales Channel to Government Agencies

JACKSONVILLE, FL--(Marketwired - Oct 1, 2014) - Drone Aviation Holding Corp. (OTCQB: DRNE), a developer of specialized lighter-than-air aerostats and tethered drones, today announced that the Blimp in a Box® ("BiB") aerostat system and the Winch Tethered Small Platform ("WASP") product of Drone Aviation Corp., its wholly owned subsidiary, have been included in the U.S. General Services Administration ("GSA") Schedule through its existing distributor relationship with U.S. government prime contractor ADS Inc. ("ADS"). The GSA listing allows government customers to directly negotiate and acquire products and services from commercially-listed suppliers.

"Over the past year, we have witnessed continued interest in our aerostat systems and platforms from both military and government customers. These customers are increasingly seeking low-cost, long-duration, aerial intelligence, surveillance and reconnaissance ("ISR") and communications capabilities for applications that are ideally suited to our BiB and WASP products," stated Felicia Hess, CEO of Drone Aviation Holding Corp. "Deepening our sales channels into the government sector is one of our top priorities, and working in partnership with ADS, a GSA listing is an important step towards achieving that goal."

Drone developed and manufactures the BiB and WASP aerostat products, both of which utilize a secure, high strength tether line which remains connected to the ground, allowing them to safely operate in the National Airspace in compliance with FAA regulations. Drone systems are intended to provide low cost, semi-persistent, mobile ISR and extended communications for days, weeks or months with the system only requiring a 15 minute recovery and re-launch for a helium top-off every 24-36 hours. BiB and WASP aerostat systems are currently in use in a number of DoD as well as local police and state department of transportation applications, where they provide silent, cost effective, day and night monitoring and mobile communications.

About the U.S. General Services Administration
The General Services Administration leverages the buying power of the federal government to acquire best value for taxpayers and federal customers. The GSA is committed to exercising responsible asset management, developing innovative and effective management policies, and delivering superior workplaces, quality acquisition services, and expert business solutions.

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.

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 ADS, DoD and other customers and our ability to continue and/or expand such relationship, our ability to deepen any sales channels, 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, the further advancement, development or commercialization of any of Drone's products, the ability of Drone to secure further business with any government customers 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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