Skyflyer Inc.
OTC Bulletin Board : SKFL

April 10, 2007 16:00 ET

Skyflyer Technology GmbH Recruits Professors Tim Nosper and Holger Voos to Develop Control System for Skyflyer VTOL Prototype

POINT ROBERTS, WASHINGTON--(CCNMatthews - April 10, 2007) - Skyflyer Inc. (OTCBB:SKFL) (the "Company") announced today that Professors Tim Nosper and Holger Voos have agreed to lead the design of the control system hardware and software for Skyflyer Technology GmbH's VTOL prototype. The commitments of Professor Nosper and Professor Voos fill another key position in the team of industry and academic experts being assembled by Skyflyer Technology.

Professor Nosper is the head of the Steinbeis Transfer Center for Automotive Systems and lectures at the Technical University of Ravensburg-Weingarten, where he is in charge of the Vehicle Technology Department and is chairman of the examinations body. Professor Nosper is also responsible for the specialty areas of mathematics and mechatronics for the Vehicle Technology Department.

Professor Voos is the Vice-Chairman of the Steinbeis Transfer Center. The Steinbeis Transfer Center, Automotive Systems, specializes in the coordination and integration of various interfaces, dealing with sub-contractors, construction support, and the testing of prototypes. The Steinbeis Transfer Center has also developed steering and control units with artificial intelligence systems for missiles, together with mission management systems and collision avoidance systems for unmanned aerial vehicles (UAVs).

Dieter Wagels, one of Skyflyer Technology's managing directors, and the head of the VTOL project, described the importance of the roles Professor Nosper and Professor Voos are expected to fill: "The field of mechatronics involves the convergence of mechanical, electronic and information technology systems and their interaction as a unified whole. The successful integration of these different systems will be extremely important to the design and construction of a control and navigation system sensitive and precise enough to allow our VTOL prototype to be used indoors."

About Skyflyer Technology GmbH:

Skyflyer Technology is in the process of developing a one to two-seater recreational VTOL (vertical take-off and landing) flying machine that is expected to serve as a "flying go-kart". Skyflyer Technology expects that its flying machine will be usable either outdoors, within an electronically zoned-off flight area, or indoors. The vehicle is being designed to be used by members of the general public without the need for extensive training. Skyflyer Technology's plan to have the "flying go-kart" usable indoors will require the design and construction of highly sophisticated steering and control systems and is also the reason why Skyflyer Technology plans to have the vehicle fitted with a high-precision internal positioning system.

Skyflyer Technology GmbH is a wholly owned subsidiary of Skyflyer Inc., a Nevada corporation. Skyflyer Inc.'s shares are traded in the United States on the OTC Bulletin Board (OTCBB:SKFL) and in Germany on the Frankfurt Stock Exchange (WKN: A0LCMC, ISIN: US83082R1077).

This press release may contain, in addition to historical information, forward-looking statements. These forward-looking statements are based on management's expectations and beliefs, and may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. In particular, the Company's ability to commence its development program for the Skyflyer VTOL prototype and the testing and demonstration facility is dependent upon the Company obtaining sufficient financing. The Company does not currently have any financing arrangements in place, and there are no assurances that it will be able to obtain financing in an amount sufficient for it to complete its planned development activities. Furthermore, even if the Company is able to obtain sufficient financing, there are no assurances that its development programs will proceed as planned. The Skyflyer VTOL is an experimental technology and the Company may encounter unforeseen obstacles during its development of the prototype.

Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.


Rolf Horchler, CEO and President

Contact Information

  • Skyflyer Inc.
    Rolf G. Horchler
    CEO and President
    (360) 927-7354