Proxity Digital Subsidiary Cyber Aerospace Presents Spherical Airship to Military and Governmental Representatives.Business Editors NEW ORLEANS New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded & ATLANTA--(BUSINESS WIRE)--April 1, 2004 Cyber Aerospace Corp., the operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. of On Alert Systems, Inc., a Proxity Digital Networks, Inc. (Pink Sheets:PDNW) subsidiary, announces they successfully presented the AeroSphere SA-60 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. and its technology to the military, government representatives, Federal contractors and media. The event took place on Monday at a location on 10th Armored Division Ar´mored division 1. (Mil.) a division of a land army which is equipped with armored vehicles such as tanks or armored personnel carriers. Road outside Ft. Benning GA. Cyber Aerospace expects to provide airships to Ft. Benning's Soldier Battle Lab for testing and use by the military. The AeroSphere SA-60 employs a spherical design A spherical design, part of combinatorial design theory in mathematics, is a finite set of points on the d-dimensional unit hypersphere Sd such that the average value of any polynomial f of degree t and currently holds the world altitude record. 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. , 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. Proxity Digital Networks Inc. notes, "We are marketing the airship primarily to the U.S. military and our foreign allies for use in battlefield surveillance Systematic observation of the battle area for the purpose of providing timely information and combat intelligence. See also surveillance. . Various models can monitor war zones and combat areas with multiple systems platforms from all altitudes up to 70,000 feet. Border patrols can also use them to keep us secure from drug traffickers and illegal aliens. Priced in the $5 million range, the AeroSphere SA-60 low altitude airship is designed to hover at 15,000 feet for 48-72 hours with a full payload of cameras and sensing devices. They can also be used by telecoms to complete wireless dead zones." Cyber Aerospace Corp. purchased the AeroSphere SA-60 airship from Techsphere Systems International, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ., a manufacturer of low, mid and high altitude Conventionally, an altitude above 10,000 meters (33,000 feet). See also altitude. airships. Cyber also holds the exclusive global government marketing rights to the existing and advanced airship designs being developed for Techsphere by 21st Century Airships, Inc., a research and development company of lighter-than-air crafts. Techsphere has contracted with the Georgia Tech Research Institute The Georgia Tech Research Institute (GTRI) is the nonprofit applied research arm of the Georgia Institute of Technology in Atlanta, Georgia. GTRI employs around 1,300 people, and is involved in approximately $100 million in research annually for more than 200 clients in industry to provide engineering for the integration of components for the automation of the airships. The Georgia Tech Research Institute and Techsphere will design and implement special airship applications for Cyber Aerospace clients for use in civilian, military or homeland INTEL missions. About Proxity Digital Networks Proxity Digital Networks, Inc. is a developmental holding company specializing in the deployment and integration of security protection technology and government contract fulfillment. The Company 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 On Alert Systems On Alert Systems, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Proxity Digital Networks. On Alert plans to acquire the marketing rights to offensive and defensive security technologies supporting a full line of interoperable protection disciplines. By integrating a homogeneous Suite of Integrated Security Products through teaming and licensed marketing and distribution agreements, the Company plans to introduce the new product line to multiple markets. Though exclusive global licenses, On Alert has also licensed a developing system that uses acoustical and ultrasonic means to sense and evaluate activity pertinent to law enforcement, security and defense industries. Their prospective clients all share the need for enhanced security, mobile communication platforms and increased surveillance capabilities. About Cyber Aerospace Corp. Cyber Aerospace Corp. is assembling a team of military experts and aerospace and composite engineers to design and build new generation of UAVs known as IUAS IUAS International University of Applied Sciences . They will develop 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 mission specific and scalable designs. Cyber Aerospace plans to market mission-specific airships used in surveillance and communication capacities. Cyber will provide engineering support and systems integration for the airships. Proxity's subsidiaries will all market to different branches of the U.S. and allied governments. About Techsphere Systems International, Inc. Techsphere Systems International, Inc. is a manufacturer of low, mid and high altitude airships. Working in concert with 21st Century Air Ships of Canada, the Company builds unique airship designs and currently holds the world altitude record. Prices range from $5 million for low altitude airships up to $32 million for platforms stationed at 65,000 feet. http://www.techspheresystems.com About 21st Century Airships, Inc. 21st Century Airships Inc. is a research and development company of lighter-than-air crafts improving airship technology and developing airships for various applications. The Company's R&D activities have resulted in a considerable number of significant inventions and patents including a new type of airship, which is spherical and finless. Capable of extended duration, high altitude flights, and amphibious arrival and departures, the basic design has been further developed for specific applications. Ten airships were manufactured during development ranging from rudimentary prototypes to sophisticated record-breaking crafts. http://www.21stcenturyairships.com/ About Georgia Tech Research Institute Georgia Tech Research Institute is the nonprofit applied research arm of the Georgia Institute of Technology Georgia Institute of Technology, in Atlanta, Ga.; coeducational; state supported; chartered 1885, opened 1888. It is a member school in the university system of Georgia. Significant among its facilities and programs are the Frank H. in Atlanta. 1,200 employees perform over $100 million in research annually for 200 clients in government and industry. http://www.gtri.gatech.edu/ This release contains statements that constitute forward-looking statements. 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 that actual results may differ materially from those projected in the forward-looking statements as a result of various factors More information on 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 issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at http://www.primezone.com/hs |
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