Skyflyer Inc.
OTC Bulletin Board : SKFL

April 16, 2007 16:00 ET

Technical University of Aachen to Develop Cockpit Design for Skyflyer VTOL Prototype

POINT ROBERTS, WASHINGTON--(CCNMatthews - April 16, 2007) - Skyflyer Inc. (OTCBB:SKFL) announced today that its wholly owned subsidiary, Skyflyer Technology GmbH, has commissioned the Technical University of Aachen, in co-operation with KMU Beratungs-GmbH, based in Kreuzau, Germany, to design the cockpit for its Skyflyer VTOL prototype. The participation of these organizations fills another important position in the team of experts being assembled by Skyflyer Technology for the design and construction of its prototype.

Dieter Wagels, one of Skyflyer Technology's managing directors, and head of the VTOL project, stated "It was important for us to ensure that the design of the cockpit would be viewed from a scientific standpoint and as an integrated system. To lead this project, we have recruited Professor Johannes Gartzen, a member of the Faculty of Mechanical Engineering and Mechatronics at the Technical University of Aachen, and a principal of KMU Beratungs-GmbH. With his team, Professor Gartzen will implement the project design for the structural requirements of the cockpit. The detailed final designs will then be implemented by Professor Gartzen's team, together with the consultants at KMU Beratungs-GmbH. The consultants at KMU Beratungs-GmbH have a wide range of engineering experience."

Technical Requirements for Cockpit Design Expected to be Complex.

In addition to being structurally robust, the cockpit will need to be light of weight. Professor Gartzen stated "In our work on the project, we will test the possible applications of a range of materials and combine these in an optimum way. In addition to welded aluminium sections, a number of components made of carbon fibre and fibreglass reinforced plastics are being considered." In addition to ensuring that the cockpit is sufficiently strong and light of weight, the design team will also need to ensure that it can comfortably accommodate its passengers. For this reason, the design team will also focus on ease of access and on developing an integrated air-conditioning system.

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.

SKYFLYER INC.

Rolf Horchler, CEO and President

Contact Information

  • Skyflyer Inc. - Press Contact
    Rolf G. Horchler
    President
    (360) 927-7354
    or
    Skyflyer Technology GmbH - Contact on Technical Questions
    Dieter Wagels
    CEO
    02432-89 36 27
    02432-89 36 22 (FAX)
    Email: info@skyflyer-tec.com