SOURCE: Global Aerial Surveillance

August 25, 2005 08:30 ET

Global Aerial Surveillance Begins Full-Scale Prototype Development of New Gas Electric Hybrid UAV

LAS VEGAS, NV -- (MARKET WIRE) -- August 25, 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 has begun prototype design on an innovative, gas electric hybrid that the company believes will be a first for the UAV industry.

Global will be incorporating many new design features into its full-sized Wraith prototype. "We have learned a lot from our small electric Wraith project, and plan to take the airframe to a whole new level of stealth design and aerodynamics, making this truly a one of a kind UAV," stated Craig Cervantes, CEO of Global Aerial Surveillance. "We will be incorporating a new wing design that has not been previously implemented in the UAV market. Our new full-sized Wraith will be a high-endurance UAV that could stay aloft for 12 to 24 hours on a very small amount of fuel."

Global's new design will allow the UAV to fly very slowly over a target for an extended duration, using only electric power, thereby producing a quiet, stealth-type drone. Cervantes added, "With our new wing design, which we are keeping confidential until release, we believe the UAV will be able to jump relatively quickly from as slow as 30 mph to 130 mph or more for a fast dash to a target or rapid altitude gain. We believe that this airframe will be easily adaptable to military applications, police and homeland security uses."

The company plans to equip the new aircraft with the latest in avionics, camera and infrared equipment. More information is available on the company's website at:

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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