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Groen Brothers Aviation 'Benchmark' Research Coverage To Be Initiated By Investrend Research.


NEW YORK -- (Investrend Research Syndicate) Groen Brothers Aviation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: GNBA) has enrolled in the unique shareholder empowerment platform administered by Investrend Communications, Inc., a provider of financial intelligence programs.

"Benchmark" research coverage will be initiated by analyst Gary Vassalotti, who is also lead analyst for Investrend's Homeland Security Sector research coverage commissioned by Cronus Capital Markets. Investrend Research is located on the web at http://www.investrendresearch.com , and the analysts' qualifications are at http://www.investrend.com/articles/secondlevel.asp?level=238 .

Groen Brothers Aviation, Inc. (GBA) is engaged in the business of designing and developing new high performance gyroplanes and gyrodynes using advanced technology and modern aerospace design methods. GBA is headed by David Groen, President & 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. . He is supported by highly experienced aviation executives in key roles. GBA's Corporate Headquarters are located in Salt Lake City, Utah For ships of the United States Navy of the same name, see .
Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C.
, USA, with its current manufacturing facility on the same site. GBA also operates a flight test and R&D facility in Buckeye, Arizona, near Phoenix.

Since its inception twenty years ago, GBA has been involved in an extensive research program in the design, engineering, development, testing and marketing of gyroplane gyroplane: see autogiro.  and gyrodyne aircraft. As a result GBA has successfully developed innovative technology that has brought autorotative flight into the modern age.

GBA is the world's leading developer of autorotative flight aircraft, including the 4-place, USTOL Hawk 4, the world's first turbine powered gyroplane. GBA announced in October, 2005 that the US Defense Advanced Research Projects Agency Defense Advanced Research Projects Agency (DARPA), U.S. government agency administered by the Department of Defense (see Defense, United States Department of).  (DARPA DARPA: see Defense Advanced Research Projects Agency.


(Defense Advanced Research Projects Agency) The name given to the U.S. Advanced Research Projects Agency during the 1980s. It was later renamed back to ARPA.
) selected a GBA-led team to design a proof of concept high speed, long range, vertical takeoff and landing Vertical takeoff and landing (VTOL)

A flight technique in which an aircraft rises directly into the air and settles vertically onto the ground. Such aircraft do not need runways but can operate from a small pad or, in some cases, from an unprepared site.
 (VTOL) aircraft designed for use in Combat Search and Rescue A specific task performed by rescue forces to effect the recovery of distressed personnel during war or military operations other than war. Also called CSAR. See also search and rescue.  roles. GBA, through its American Autogyro division, markets the kit-built, 2-place SparrowHawk sparrowhawk
Noun

a small hawk which preys on smaller birds
 Gyroplane. The SparrowHawk is also an excellent entry level air surveillance vehicle for many law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). . GBA's autorotative technology is applicable to a wide scale of size, from small UAVs to large Gyrodynes capable of lifting more than 20 tons.

The company's website is at http://www.groenbros.com/.

Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 75 qualified professional analysts posting more than 1,000 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the "Benchmark" research platform are $26,800, which is being paid by Cronus Capital Markets, a "third party." Analysts are paid in advance for their initial reports by Investrend Research to limit or eliminate pecuniary interests, and no one associated with the program may own or trade in the equities of companies under coverage.

The company has also been enrolled in the shareholder-monitoring program by the Shareholders Research Alliance (http://www.shareholdersresearch.com), established to eliminate conflict and bias, and Investrend subscribes to the exacting "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com

Anyone interested in receiving alerts regarding Groen Brothers Aviation, Inc. research or webcasts should e-mail contact@investrend.com with "GNBA" in the subject line, or click on http://www.investrend.com/contact.asp.
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Publication:Business Wire
Date:Oct 11, 2006
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