Mar 25, 2008 06:15 ET
Airship Surveillance Starts Assembly of First Mission Equipped Airship
LAS VEGAS, NV--(Marketwire - March 25, 2008) - WENR Corp. (PINKSHEETS: WNRC) announced today Airship Surveillance, a Nevada-based high technology airship company and a strategic marketing partner of WENR, has been requested to supply components of its L2 airship to a customer for the compatibility development with their sensor equipment. The request will be fulfilled in early April. Final completion of the L2 airship is anticipated to occur during the second quarter of this year.
Airship Surveillance has begun assembly of the L2 payload support section which, when completed, will be shipped to an instrumentation developer for initial integration and compatibility testing. The client and details of the program are to remain confidential; however, the payload bay will be delivered to a firm which develops cutting edge sensors and other instrumentation for the Department of Defense and Homeland Security.
"The sensors are being optimized for use in the fight against Improvised Explosive Devices (IEDs) and in support of US Customs and Border Protection. Once the sensors have been integrated and tested, Airship Surveillance anticipates the payload section will be mated to the airship to begin flight testing under Government supervision within Restricted Airspace," stated Sandy Mangold of Airship Surveillance.
Mr. Dan Green of WENR, a strategic partner of Airship Surveillance, commented, "This is another exciting development for our Company. This news follows the LOI supporting the use of the airships in the fight against narcotics & terrorism, which Airship Surveillance received last week. This latest development proves that there is a very real demand for the products and services the Airship offers in support of the persistent surveillance mission for a growing number of government organizations."
About Airship Surveillance
The company is developing a series of advanced unmanned airships designed to fulfill a wide range of roles ranging from surveillance to environmental monitoring. The company's airships are built to be robust, yet simple to operate with the twin goals of providing highly reliable airborne platforms at an affordable cost.
WENR is a holding company, which seeks to acquire marketing rights in various growth stage companies. WENR provides senior management assistance, secures working capital for marketing development, and delivers tailor made campaigns.
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
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