Cyber Defense Presents at Investment Society of Hawaii Luncheon; Topics Include Marketing UAV Products, Airships, $3.5 Million Revenue in 2004, and Recent $4 Million Funding.ST. PETERSBURG, Fla. -- Proxity, Inc. (Pink Sheets: PRXT) and its subsidiary Cyber Defense Systems, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CYDF CYDF China Youth Development Foundation ) announce COB and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Billy Robinson Billy Robinson (b. 1939) is a British professional wrestler and Catch Wrestling instructor. Billy Robinson became popular in Japan where he has trained Mixed Martial Arts fighters in catch wrestling. will present at the Investment Society of Hawaii luncheon on Tuesday April 26, 2005. Mr. Robinson will discuss the growth of Proxity and Cyber Defense Systems including the successful marketing of the Cyber line of UAV UAV Unmanned Aerial Vehicle UAV Unmanned Air Vehicle UAV Unmanned Aerospace Vehicle UAV Unmanned Airborne Vehicle UAV Uninhabited Air Vehicle UAV Urban Assault Vehicle UAV Unpiloted Aerial Vehicle (less common) products, the $3.5 million in revenue posted for last year, and a recent $4 million funding of Cyber Defense. Mike Lawson, President of Techsphere Systems International, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control will discuss the recent SA-90 Airship airship, an aircraft that consists of a cigar-shaped gas bag, or envelope, filled with a lighter-than-air gas to provide lift, a propulsion system, a steering mechanism, and a gondola accommodating passengers, crew, and cargo. developments including current production at their Columbus, GA plant and future opportunities in the Airship business. Cyber Defense holds the global government and military marketing rights to Techsphere's spherical spher·i·cal adj. Having the shape of or approximating a sphere; globular. and semi-spherical airships. Mr. Robinson and Mr. Lawson will explain to the gathering of high net worth individuals attending the luncheon how the CyberBug(TM) UAV, CyberScout(TM) UAV, and Aerosphere SA-90 Airship can be used by military, law enforcement, homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States and commercial organizations and agencies. CyberBug(TM) The CyberBug(TM) is a scalable 2.6 to 12 pound unmanned UAV aircraft, which can be deployed for total surveillance of an area. The CyberBug(TM) does not require extensive instruction, technical backup or pilot training to operate. Capable of rapid deployment, it can be assembled by an individual and launched in 30 seconds from remote areas, and easily recovered in winds up to 20 MPH. The basic unit includes an autopilot, data link with GPS overlay, a day/night camera, and offers options that include Infra [Latin, Below, under, beneath, underneath.] A term employed in legal writing to indicate that the matter designated will appear beneath or in the pages following the reference. infra prep. Red view. The CyberBug(TM) has two basic uses: short-term flights to operate surveillance in areas of concern using high powered day and night vision for dangerous situations, and long-term flights for the routine surveillance of patrol areas up to four hours. Suggested retail price starts at $8,500. CyberScout(TM) The current CyberScout(TM) prototype has evolved into a proven UAV capable of running on gas while carrying a one-pound payload (1) Refers to the "actual data" in a packet or file minus all headers attached for transport and minus all descriptive meta-data. In a network packet, headers are appended to the payload for transport and then discarded at their destination. . The engineering team has been testing a micro turbine and completed the required analysis to select a suitable phase two power plant. The next generation CyberScout(TM) is expected to weigh approximately 21 pounds empty, be powered by three of the new power plants and carry a two to three pound payload. Aerosphere SA-90 Cyber Defense has the exclusive global government and military marketing and non-exclusive commercial and telecommunications rights to Techsphere Systems International LLC Spherical and Semi-spherical airships including the SA-90 currently in development. The SA-90 platform is being designed with significant payload capacity suitable for stationary, long endurance, and unmanned operations at an altitude of 20,000 feet MSL See multiple single-level. . This altitude provides an ideal platform for military, intelligence, homeland security and wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. . Unlike satellites, the airship can be easily retrieved. Payload packages can be recovered and upgraded for further use. About Cyber Defense Systems Cyber Defense Systems, Inc. is designing and building a new generation of UAV's. Cyber Defense also has the global government and military marketing rights to Techsphere Systems International LLC Spherical and Semi-spherical airships. Cyber Defense is currently marketing the airships and Cyber's CyberBug(TM) UAV's to various branches of the U.S. government and U.S. allies as multi-use platform vehicles capable of deployment in surveillance and communication operations. http://www.cyberdefensesystems.com About Proxity Proxity, Inc. is a developmental holding company specializing in the deployment and marketing of security protection technology and government contract fulfillment. With 18,750,000 shares in Cyber Defense, Proxity is Cyber's majority shareholder. Proxity seeks to acquire and develop security technology. Proxity plans to enter into teaming and exclusive and nonexclusive marketing and distribution agreements with products developed for commercial, military and homeland defense. http://www.proxity.com About Techsphere Systems International, LLC Techsphere Systems International, LLC, located in Atlanta and Columbus GA, is the manufacturer of low, mid and high altitude Conventionally, an altitude above 10,000 meters (33,000 feet). See also altitude. airships. Together with their teaming companies, Techsphere will design and build unique airship platforms for use in many areas including surveillance, the military and wireless communications. The current spherical airship design holds the world altitude record at over 20,000 feet. This release contains statements that constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may,'' "would,'' "will,'' "expect,'' "estimate,'' "anticipate,'' "believe,'' "intend,'' and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and those actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The Investment Society of Hawaii Tuesday, April 26, 2005 - 11:00 AM Hau Terrace at the Halekulani Hotel 2199 Kalia Road Honolulu, HI 96815 808-923-2311 |
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