SOURCE: Global Aerial Surveillance

August 31, 2005 08:30 ET

Global Aerial Surveillance Announces Plans to Develop an Amphibious Unmanned Aerial Vehicle (UAV) Intended to Address Homeland Security Issues and Natural Disasters Such as Hurricane Katrina

LAS VEGAS, NV -- (MARKET WIRE) -- August 31, 2005 -- Global Aerial Surveillance (OTC: GARS), a developer and manufacturer of unmanned aerial vehicles (UAV) for both commercial and military applications, announced today that it is planning to develop a fully autonomous amphibious UAV designed for surveillance and search and rescue missions.

Global's new design, named the 'Sea Wraith,' is a fallback on an old maritime surveillance vehicle that has been used for spotting submarines and ships in the past. During WW2, sea planes were used to spot enemy submarines that were encroaching on US coastal waters. These same planes were responsible for identifying and sinking enemy vessels off US shores from Florida to Maine. Global will be taking a page out of history, using what has historically proven effective in the design of its new airframe.

"With the current natural disaster situation involving hurricane Katrina, we have evaluated how our line of aircraft might be used to assist with search and rescue and general reconnaissance missions," stated Craig Cervantes, CEO of Global Aerial Surveillance. "We feel that the Sea Wraith could be used for many civil missions, including damage assessment, 24-hour day and night surveillance, or any mission where an 'eye in the sky' is called for. This aircraft would fit this role perfectly because it needs no runway and can be taken off and landed from any body of water or flood plain."

Most coastal areas have inlets and rivers where an amphibious UAV could be deployed very easily. This aircraft, being a fully amphibious design, could be deployed offshore to oil platforms or reconnaissance missions out on open water. With a twelve-hour flight duration, the Sea Wraith will be able to stay aloft to complete missions that involve long-range flight or extended mission times. Global originally developed this concept for the homeland security market, to complete long-range missions, including surveying incoming cargo ships with a chemical and nuclear detection package to identify potential threats before they reach our ports.

More information is available on the company's website at: www.globalaerialsurveillance.com.

About Global Aerial Surveillance

Global Aerial Surveillance intends to capitalize on what the company sees as an opportunity in the civilian and military markets to provide Unmanned Aerial Vehicles (UAVs) for a myriad of potential applications. Although the applications for UAVs are numerous, Global intends to concentrate its development and marketing efforts in small, underserved niches where it can compete aggressively with pricing and service exceeding the competition.

Global will take a new approach to the development of UAV technology by making use of advanced composite construction techniques and materials and incorporating the latest in ultra-light high-speed computer processors to deliver a flexible, mission-specific UAV to its customers that can perform various complex missions.

A recent study of the worldwide UAV market concluded that US spending on UAVs amounted to about 73% of worldwide research and production spending in 2003. The US has dominated this market in recent years, due in part, to the depth of research and wide range of production programs.

Frost & Sullivan, a research group in San Antonio, Texas, forecasts that the market for UAVs will be worth nearly $5 billion by 2005. Michael Heinz, who heads Boeing's Unmanned Systems unit, and other executives at military contractors see an annual market of at least $10 billion by decade's end, with growth continuing at double-digit rates for a decade or more.

The statements made in this press release, which are not historical facts, contain forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of the specific items described in the release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

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