SOURCE: Drone Aviation Corp

Drone Aviation Corp

July 15, 2014 09:00 ET

Drone Aviation Holding Corp Commences Trading on the OTCQB Marketplace

Upgraded Listing Focused on Greater Information Availability for Investors

JACKSONVILLE, FL--(Marketwired - Jul 15, 2014) - Drone Aviation Holding Corp. (OTCQB: DRNE), a developer of specialized lighter-than-air aerostats and tethered drones, has announced that shares of the Company have been upgraded to trade on the OTCQB® current market exchange effective immediately. The OTCQB serves as a platform for emerging growth companies that are current in their reporting and have undergone an annual verification and management certification process.

"The listing of Drone's common stock to the OTCQB demonstrates our commitment to providing additional transparency and increased disclosures to current and future shareholders. The new listing will grant us access to a larger shareholder base while providing an added degree of confidence to the market. We believe this is a key milestone for the company as we seek to increase revenue and enhance shareholder value," said Felicia Hess, President and CEO.

The Company also unveiled a new website with current investor and product information. The site includes videos and images of the Blimp in a Box (BiB) and WASP systems utilized by governmental, military and commercial customers. For more information please visit www.DroneAviationCorp.com

U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for DRNE on www.otcmarkets.com.

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.

Safe Harbor Statement

This press release contains projections of future results and other 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. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.

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