SOURCE: IO News Wire

IO News Wire

January 12, 2010 04:00 ET

(OTC: MNDP) Projected Revenues of $75 Million in 2010

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - January 12, 2010) - Mundus Group, Inc.'s (PINKSHEETS: MNDP) 2010 revenues have been estimated at $75 million dollars by Grass Roots Research and Distribution Inc.

Mundus Groups subsidiary AirStar International, a market leader in Vertical Take Off and Landing (VTOL) Unmanned Air Vehicles (UAV), has had contracts with the US Army, US Navy, Northrop Grumman, and Guided System Technology, with more proposals lined up in the near future.

Applications of AirStar products show to be almost limitless. AirStar UAV's have been used in a wide range of applications from weather forecasting to film work on Hollywood blockbusters like "Terminator Salvation."

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Other active stocks are Novavax Inc. (NASDAQ: NVAX), Taser International (NASDAQ: TASR) and Sinovac Biotech (NASDAQ: SVA).

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