SOURCE: World Surveillance Group Inc.

World Surveillance Group Inc.

April 21, 2011 16:37 ET

UPDATE: World Surveillance Group Announces New Stock Ticker Symbol -- WSGI

KENNEDY SPACE CENTER, FL--(Marketwire - Apr 21, 2011) - World Surveillance Group Inc. (OTCBB: SNSR), a developer of lighter-than-air unmanned aerial vehicles ("UAVs") and related technologies, announced today that FINRA has approved a change in its ticker symbol. Effective at the open of the market on Monday, April 25, 2011, the Company will trade under the symbol "WSGI."

About World Surveillance Group Inc.

World Surveillance Group Inc. (OTCBB: SNSR) designs, develops, markets and sells autonomous, lighter-than-air UAVs capable of carrying payloads that provide persistent security and/or wireless communications solutions at low, mid, and high altitudes. WSGI's airships, when integrated with electronics systems and other high technology payloads, are designed for use by government-related and commercial entities that require real-time intelligence, surveillance and reconnaissance or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief and maritime missions. For more information regarding WSGI, please visit www.wsgi.com, or view our reports and filings with the Securities and Exchange Commission on http://www.sec.gov.

Forward-Looking Statements

Certain statements in this release constitute forward-looking statements. These statements include those regarding the further advancement, development or commercialization of the Company's UAVs, the capabilities and advantages of the Company's technology and products, and the ability of the Company to capitalize on market demand and grow the Company's business. The words "forecast," "project," "intend," "expect," "plan," "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 to not achieve some or all of its goals or 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.

Contact Information

  • Contact:
    World Surveillance Group Inc.
    321-452-3545
    Barbara M. Johnson
    investors@wsgi.com