SOURCE: Sanswire


January 06, 2010 09:38 ET

Sanswire Delivers Letter to Shareholders

Letter Provides Review of 2009 Achievements and Announces Goals for 2010

FORT LAUDERDALE, FL--(Marketwire - January 6, 2010) - Sanswire (OTCBB: SNSR)

Dear Shareholders,

For Sanswire, 2009 was a year of great progress and achievement. In 2010, we intend to build on the solid foundation we established, and with the arrival of the New Year, management believes this is an appropriate time to review our accomplishments and to set out the milestones for 2010.

On the product side, the major news was the design and construction of the STS-111, an airship that was developed in response to demands from partners seeking immediate solutions to operational challenges. In 2009, Sanswire:

--  Entered into partnership with Global Telesat Corp. and raised the funds
    needed to commence construction of the STS-111
--  Executed an agreement with a top 10 US defense contractor to handle the
    systems integration phase of development and overall operations of the STS-
    111 in the field
--  Conducted a private demonstration of the STS-111 in Stuttgart, Germany

With respect to our technology, we are quite proud of the program's progress. During 2009, we:

--  Conducted multiple flights to test various Sanswire-TAO platforms,
    including flight testing of our proprietary fuel gas propulsion system
--  Designed and developed an automatic trim system (ATS) utilized to improve
    the airship's flight characteristics during flight
--  Furthered the development of our in-house designed Autonomous Flight
    Control System
--  Designed and demonstrated our 4-segment STS-111 platform and commenced
    construction of the commercial platform, a 5-segment version of the STS-111

On the corporate side, we engaged an independent Board of Directors and stregnthened our senior management team resulting in bringing our public filings up to date. We are now listed on the Bulletin Board, and have more than doubled our market capitalization in 2009. In addition, we have engaged with outside accounting and communications experts to aid in growing Sanswire:

--  We engaged a top accounting firm, NYC-based Rosen Seymour Shapss Martin &
    Company LLP
--  We hired The Investor Relations Group, an award-winning investor
    relations and public relations firm with experience in security issues.
    Thanks to IRG's efforts, we have received radio and tv coverage, and were
    featured in various industry leading professional publications, such as
    IEEE Spectrum, Aviation Week, and the Smithsonian's Air & Space Magazine

Looking ahead, our 2010 goals are ambitious but achievable as we plan to add more talent to our executive team and Board of Directors. As for our products, we anticipate 2010 will be a watershed year:

--  We expect to complete the construction of the commercial 5-segment STS-
    111, the industry's first multi-day endurance UAV, and begin long-endurance
    high-altitude testing in Germany
--  We plan to unveil the commercial STS-111 airship to the US public at an
    event to be held at the Sanford International Airport in Orlando, FL,
    during the second quarter of this year
--  After that event, we will ship the commercial STS-111 to our partner for
    systems integration and operational training
--  In collaboration with our systems integration and operations partner, we
    plan to conduct a series of demonstrations for potential customers
--  We will continue the effort to locate a manufacturing facility in the
    United States and to increase lobbying efforts to attain assistance from
    Federal, State and Local governments
--  We plan to expand our commercial business partnerships as industry
    applications of the commercial STS-111 platform become more widely known
--  We plan to work closely with our current alliances in pursuing contracts
    for the commercial STS-111
--  We expect to begin construction of the STS-230 and continue the
    development of the company's high altitude program and carry out our plans
    to produce a commercial High Altitude Long Endurance (HALE) platform

This summarizes Sanswire's achievements over the past 12 months and outlines our vision for 2010. 2009 was a very eventful year, and it would not have been possible without the hard work of our staff, the expertise of our engineering team, and above all, the support of our shareholders.


The Executive Management Team and Board of Directors
Sanswire Corp.

About Sanswire Corp.

Sanswire Corp. (OTCBB: SNSR) is a developer of integrated aerospace communications products and services. The company specializes in the design and construction of autonomous, lighter-than-air UAVs (Unmanned Aerial Vehicles) capable of carrying payloads that provide persistent security solutions at low, mid, and high altitudes. Sanswire's airships and auxiliary products are designed for use by commercial and government-related entities that require real-time intelligence, surveillance, and reconnaissance support for homeland defense, maritime, and border missions. The company's long-term objective is to develop and deliver state-of-the-art airship technology that provides surveillance sensor suites and other advanced wireless broadband capabilities to the broader commercial markets.

Forward-Looking Statements

Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

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