SOURCE: Quasar Aerospace Industries, Inc.

May 17, 2010 10:09 ET

Quasar Aerospace Industries, Inc.: Quasar Aerospace Reschedules Conference Call on May 19th

JACKSONVILLE, FL--(Marketwire - May 17, 2010) -  Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) announces that upon advice of its securities counsel, it has rescheduled the conference call to discuss the status of its efforts concerning certain acquisitions and the status of project financing. Quasar has been diligently working with its acquisition candidates and lending sources and will be updating investors about its efforts to date. The details of the conference call are described below: Loan and Acquisition Status Conference Call:

Wednesday, May 19, 2010 - 4p.m. EDT
Toll Free Number: (1-800-868-1837) Participant Code: 627211#
Direct Dial Number: (1-404-920-6695) Participant Code: 627211#

This is a live, listen-only dial-in telephone line. The first 150 people that call in can join in the call. The rest will be able to listen to the audio recording the following day on our website. Please send in your questions to IR@quasaraerspace.net and we will try to answer your inquiries on the call.

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. undertakes no obligation to update such statements.

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