SOURCE: Quasar Aerospace Industries, Inc.

July 14, 2010 11:13 ET

Mineseeker Overseas Operations, LTD, Through Quasar Aerospace Industries, Inc., Announces Attendance at Farnborough Air Show

JACKSONVILLE, FL--(Marketwire - July 14, 2010) -  Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) -- Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., announces the following on behalf of Mineseeker Overseas Operations, LTD:

Following a successful business development visit to Eurosatory in Paris in June, Mineseeker CEO Edward Cross shall be attending the Farnborough Air Show which starts on 19th July. The Farnborough Air Show attracts thousands of exhibitors and visitors from the private, commercial, civil and military aerospace sectors, and is the premier European showcase for emerging technologies.

"Some excellent business and partner opportunities were discovered at Eurosatory in Paris," said Edward Cross, "and Farnborough is the perfect forum to process these. Attending Farnborough not only allows Mineseeker Operations to stay right up to date with current and future technology, but it also gives us the opportunity to network and develop business strategies with potential customers and partners."

Edward Cross has a brief to foster relationships with technology suppliers in order to keep Mineseeker Operations at the leading edge of development technology in the industry with particular emphasis on the role of remotely powered aircraft. He is also holding a watching brief for Quasar on potential innovative products in the aerial and ground based surveillance market.

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.

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