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AirScooter Corporation Reports Progress on Its Electric E70 and Gas Powered G70 Unmanned Air Vehicles.

LAS VEGAS -- AirScooter Corporation (OTC:ASCO), an innovator of new air vehicle concepts, announced that it has completed an electric powered AirScooter(TM) UAV prototype for flight testing. The electric E70 is based on the company's high-performance gasoline engine G70 platform. After the G70 prototype met rigorous flight requirements, five new AirScooter G70s have been assembled using a more powerful engine to increase payload and are being prepped for flight testing and sale.

AirScooter UAVs are in the tactical VTOL (Vertical Takeoff and Landing) class, positioned smartly between the high-end hobby category and the limited selection of expensive military/commercial UAVs available today. Easily transportable, these robust craft are ideally suited for aerial photography, surveillance, research and a range of possible homeland security applications.

AirScooter unmanned aerial vehicles feature a rugged patented coaxial flight platform providing outstanding hovering ability, stable flight, precision response and control all in an economical package. Both the G70 and E70 employ a 70-inch coaxial rotor and control system, minimizing the complexity of coaxial systems of the past, but scalable to future craft, smaller or larger in size.

The G70 is powered by a modern 7.5 hp twin engine, weighs about 32 pounds, with a payload of 10 pounds plus and flight duration of about 45 minutes. The E70 employs a battery powered high-end (1500 watts continuous -- 3500 watts maximum) cobalt motor, weighs approximately 30 pounds with batteries, has an estimated payload of 5 pounds or more and flight duration of about 8-15 minutes. With no commercial speed controller available to meet the demanding power requirements of the E70, the company sponsored production of a proprietary custom speed controller resulting in one of the largest electric powered VTOL air vehicles to be commercially available. More complete specifications, subject to change as more flight and performance data is obtained, are on our web site at www.airscooter.net.

"Gene Rock, chief UAV engineer, designed AirScooter UAVs to be easily remotely guided or automated by any number of third party computerized flight systems," said Dwaine Barnes, president of AirScooter Corporation. "We employ computerized engineering in our air vehicle designs allowing more rapid transition from prototype to automated production techniques and making it easier to accommodate a customer's particular requirements."

Barnes added, "We are excited about the early product response and look forward to showing more customers the capabilities and advantages of our coaxial control system. We are seeing interest from commercial and government sectors of the market, domestically and overseas. Whether the requirement is for quiet electric performance or long duration gasoline powered flight, we provide a compelling solution for customers dissatisfied with the limitations of high-end hobby craft, but unable to justify the high costs of commercial/military UAVs, often costing $100,000 to $500,000 or more."

About AirScooter Corporation

AirScooter Corporation is engaged in the development and commercialization of advanced manned and unmanned air vehicles and power systems for the recreational, commercial and government markets. The Company has applied coaxial counter-rotating dual rotor systems to the AirScooter(TM) personal air vehicle (PAV) and the AirScooter(TM) unmanned aerial vehicle (UAV). The Company's wholly owned subsidiary, AeroTwin Motors Corporation, is engaged in the manufacture and distribution of the AeroTwin(TM) 65 HP lightweight sport aircraft engine. For more information on the company, its technologies and products please visit www.airscooter.com.

Safe Harbor Statement: This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in the forward-looking statements, particularly those risks and uncertainties inherent in the process of developing and distributing aeronautical products and engines. Factors that may cause such a difference include risks related to our limited operating history, risks associated with completing development and production of products, the risk that our products will not meet with market acceptance, the risk of future warranty and product liability claims, the uncertainty of access to capital to sustain operations, achieve profitability or continue as a going concern, the failure to secure and maintain relationships with suppliers, manufacturers and other third parties, reliance on key employees and consultants, and dependence on intellectual property. Further information on the factors and risks that could affect our business, financial condition and results of operations, are contained in our public corporate documents. These forward-looking statements are based on information and management's expectations as of the date hereof. Future results may differ materially from our current expectations. AirScooter Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 4, 2005
Words:782
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