Groen Brothers European Patent Expanded.SALT LAKE CITY--(BUSINESS WIRE)--May 7, 1998--Groen Brothers Aviation Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:GNBA) (GBA GBA Game Boy Advance (Nintendo 32-Bit Game Boy) GBA Gran Buenos Aires (Argentina) GBA God Bless America GBA Gundam Battle Assault (video game) GBA Alderney ) Thursday announced they have received confirmation that their European Patent, awarded on Nov. 26, 1997, has been expanded to include the following countries: Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain, Switzerland and the United Kingdom. The patent specifically endorses GBA's collective pitch controlled rotor head Noun 1. rotor head - the axis around which the major rotor of a helicopter turns rotor shaft axis of rotation, axis - the center around which something rotates with infinitely variable pitch in gyroplanes. This is a significant technological breakthrough that makes this type of aircraft an efficient and effective means of flight. Still in the family of the 1930's autogyros, the Hawk Gyroplane gyroplane: see autogiro. brings a significant advance in design and performance. The Hawk can take off and land vertically (VTOL VTOL n. A convertiplane that can take off and land vertically. [v(ertical) t(ake)o(ff and) l(anding).] VTOL vertical takeoff and landing ), has extended range and is very economical. The safety features of level autorotative flight, only performed by gyroplanes, makes the Hawk series especially attractive in the 21st century market place. GBA also holds patents in the U.S. and Australia. On March 3, 1998, the FAA accepted GBA's formal application for type certification of the Hawk III Gyroplane. Type certification is the process that conforms the gyroplane engineering and flight specifications to stringent FAA requirements. Although the gyroplane is a simple and safe form of rotorcraft ro·tor·craft n. An aircraft, especially a helicopter, that is kept partially or completely airborne by airfoils rotating around a vertical axis. , it is the history of the more complicated helicopter that has molded FAA regulations for rotorcraft. Reliance on FAA certified suppliers for specialized aircraft parts will enable GBA to achieve certification in the shortest possible time span. Certification legally enables a U.S. manufacturer to mass produce finished aircraft. A complete manufacturing plan is in place, and a marketing team has been established to achieve GBA's national and foreign sales objectives. To meet its goals for manufacturing and marketing cost effectively, Groen Brothers is establishing strategic alliances capable of providing worldwide resources for financing, building and selling the Hawk Gyroplane. Groen Brothers Aviation Inc. is a fully reporting public company traded over-the-counter on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the stock symbol "GNBA". For more information, visit the GBA Internet web site at http://www.groenbros.com CONTACT: Groen Brothers Aviation Inc., Salt Lake City Jay Groen, 801/973-0177 Fax 801/973-4027 mktg@groenbros.com www.groenbros.com |
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