KENNEDY SPACE CENTER, FL -- (Marketwire) -- 12/19/12 -- World Surveillance Group Inc. (OTCQB: WSGI), a developer of lighter-than-air unmanned aerial vehicles ("UAVs") and related technologies, today announced that it has completed a demonstration of the Blimp in a Box ("BiB") aerostat system for members of the Department of Defense ("DoD") and our defense partner. The demonstration was conducted in Florida and illustrated the BiB's capabilities for mission critical applications.
The BiB is designed to provide real-time day/night high definition footage for intelligence, surveillance, and reconnaissance ("ISR"), detection of improvised explosive devices ("IEDs"), border security and other governmental and civilian uses. The BiB turn-key aerostat system is packaged in a box that is mounted to or towed from the back of a MAT-V, HUMVEE, pickup truck or other comparable vehicle. It can be rapidly deployed within minutes by a two-person crew and is activated by the push of a button. Once activated, the prepackaged envelope, which carries a day/night electro-optical/infrared camera with laser capable payload, automatically inflates to the applicable pressure and is secured to the vehicle by a data capable tether. The BiB system is released from the vehicle by an automated launch and recovery system to an operational low altitude appropriate for the application and can provide critical detection capabilities for several miles. Once deployed to the operational altitude, the vehicle can proceed on its mission over any terrain with the BiB system fully functional at altitude. Following completion of a mission, the BiB system is designed to quickly be recovered and be redeployed at the next mission destination.
WSGI President and CEO Glenn D. Estrella stated, "We are excited to have had the opportunity to demonstrate the Blimp in a Box aerostat system to potential customers and our defense partner. We believe the BiB's capabilities can assist our troops to meet critical challenges such as the detection of hidden IEDs and the provision of aerial ISR in various situations."
About World Surveillance Group Inc.
World Surveillance Group Inc. (OTCQB: WSGI) 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.
Certain statements in this release constitute forward-looking statements. These statements include those regarding the success or outcome of our demonstration of our BiB aerostat system, the expected payloads or systems to be carried on the BiB system, the suitability of the BiB system for any particular application, the ability of the BiB system to satisfy customer demands or requirements or meet any specific challenges, the ability of the BiB system to function in accordance with its design expectations, the ability to further develop any partner relationships, the further advancement, development or commercialization of the Company's products, the ability of the Company to secure business with new customers or grow revenues, the ability of the Company to protect its intellectual property, and the ability of the Company to execute on its strategies or to accomplish any of its goals or objectives. 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.