posted
THIS WILL PLAY TODAY Techsphere Systems International Announces High-Flying Venture with Sierra Nevada Corporation
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Business Editors COLUMBUS--(BUSINESS WIRE)--inserting ticker symbol-- Defense Electronics Engineering Firm Secures Exclusive Integration Rights Techsphere Systems International (TSI), a Georgia-based manufacturer of low-, mid- and high-altitude spherical airships using technology developed by 21st Century Airships, today announced that the company has entered an agreement with Sierra Nevada Corporation (SNC), giving them the exclusive integration contract for government end users of the company's airships. "This is an incredible development for Techsphere. One that will allow us to achieve our goal of flying unmanned, high-altitude airships within a year," said Techsphere President Mike Lawson. "This agreement brings together the resources and technology of both companies and promises to be successful for everyone involved." Sierra Nevada will work with Techsphere to develop technology that will enable the airships to carry a variety of payloads for government end users. Founded in 1963, the company develops and manufactures innovative, high-quality electronic systems with numerous technical applications. "This agreement will afford our company the opportunity to integrate many of the technologies we have developed onto a product that will change the way we look at surveillance, communications and information gathering," said Fatih Ozmen, CEO and President of the Sierra Nevada Corporation. "A top-notch team has been put together to build these airships and we are excited to be a part of it." Immediate market opportunities for the airships are in homeland security, defense and telecommunications. As a homeland security or defense tool, the ships can be equipped to perform high-level research, superior visual surveillance, and secure communications. In telecommunications, they provide a viable alternative to cell towers and satellites. The airships can be launched inexpensively and from virtually any location. In addition, they can be returned to land so that payloads can be recovered and exchanged - allowing for technological updates or equipment replacement. TSI airships are unique in that they are spherical in shape - making it easier to reach much greater altitudes than traditional "cigar" shaped ships. Different models will be able to fly in both manned and unmanned mode, and can be continually retrofitted to accommodate new applications or technology. Low- and mid-altitude ships reach altitudes between 7,000 and 30,000 feet, and can hover for 48 to 72 hours. The higher altitude airships will reach altitudes between 60,000 and 70,000 feet, placing them above commercial air traffic and weather systems, where they will be able to hover from 30 days up to one year. Techsphere Systems International's global manufacturing headquarters are located in Columbus, Georgia, and the company is currently working with research and development partners toward high altitude applications. Techsphere's global marketing partner is Cyber Aerospace Corp., a subsidiary of Proxity Digital Networks (Pink Sheets: PDNW). A manned flight demonstration is being planned for later this month, with an unmanned flight expected later this year. Additional information about the companies can be found at: Sierra Nevada Corporation www.sncorp.com Techsphere Systems International,Inc. www.techspheresystems.com Proxity Digital Networks www.proxity.com 21st Century Airships www.21stcenturyairships.com KEYWORD: GEORGIA INDUSTRY KEYWORD: AEROSPACE/DEFENSE GOVERNMENT AEROSPACE/DEFENSE MARKETING AGREEMENTS SOURCE: Techsphere Systems International CONTACT INFORMATION: Techsphere Systems International, Columbus Joselyn Baker, 404/898-1266
posted
Press Release for Proxity Digital Networks Inc
Proxity Digital Networks Announces Subsidiary Cyber Aerospace Contracts With U.S. Navy and U.S. Government Agency 6/16/2004 9:14:00 AM WEST PALM BEACH, Fla., Jun 16, 2004 (BUSINESS WIRE) -- Proxity Digital Networks, Inc. (Pink Sheets:PDNW) and Techsphere Systems International, Inc. announces Cyber Aerospace Corp., an operating subsidiary of Proxity's On Alert Systems, has received two contracts for airship services; one from a U.S. Government agency, another from the U.S. Navy.
Using the AeroSphere SA-60, Cyber Aerospace will provide the U.S. Government agency with testing and integration services for future airship uses. Test flights will take place at locations to be announced in the D.C. metropolitan area.
The U.S. Navy will utilize the SA-60 for technology tests and evaluation. The tests will demonstrate the significant capabilities of the Cyber airship to monitor activities on the ground while flying altitudes in excess of 5,000 feet.
The AeroSphere SA-60 is a low altitude airship manufactured by Techsphere Systems International, Inc. The SA-60 can be used for battlefield surveillance to monitor war zones and combat areas with multiple systems platforms. Cyber Aerospace holds the exclusive global government marketing rights to Techsphere's existing AeroSphere SA-60 and advanced airship designs.
About Proxity Digital Networks
Proxity Digital Networks, Inc. is a developmental holding company specializing in the deployment and marketing 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 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 acquiring a homogeneous Suite of 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. http://www.proxygen.com/36/Editorial.asp?aff_id=36&this_cat=Company
About Cyber Aerospace Corp.
Cyber Aerospace Corp. is assembling a team of military experts, aerospace and composite engineers to design and build a new generation of airships. Cyber Aerospace plans to market the airships as multi-use platform vehicles deployed in surveillance and communication operations, and capable of target acquisition. Cyber Aerospace will provide engineering support and systems integration for the airships. Proxity's subsidiaries will market the airships to various branches of the U.S. government and our allies. http://www.cyberaerospace.com
About Techsphere Systems International, Inc.
Techsphere Systems International, Inc. is a manufacturer of low, mid and high altitude airships. Working in concert 21st Century Air Ships of Canada, the Company will build unique airship designs. The airship design currently holds the world altitude record and ranges in price from $5 million for low altitude airships to $32 million for platforms that will be stationed at 65,000 feet. http://www.techspheresystems.com
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 those actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
SOURCE: Proxity Digital Networks, Inc.
Proxity Digital Networks, Inc. Billy Robinson, 504-524-5425 504-524-5424, Fax www.proxity.com or On Alert Systems Inc., Tulsa 918-493-2069 918-493-6234, Fax or Cyber Aerospace Corp., West Palm Beach 561-624-2918 561-694-0712, Fax www.cyberaerospace.com or Techsphere Systems International, LLC Mike Lawson, 404-446-2200 mlawson@techspheresystems.com or Media Contact: Emerson Gerard Associates Jerry Jennings, 561-881-7318 603-806-8508, Fax mediareply@egaplus.com
Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved
posted
Down 15% right now, but this news should make for a nice upswing!
Business Editors
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PDNW-- Proxity Digital Networks, Inc. (Pink Sheets:PDNW) and Techsphere Systems International, Inc., announce that Cyber Aerospace Corp., an operating subsidiary of Proxity's On Alert Systems will hold a press conference and demonstration flight of the SA-60 spherical airship on Monday, June 28th at 10:00 a.m. at the St. Mary's County Airport outside Washington, DC. In the case of inclement weather, the press conference will be held the following day June 29th. St. Mary's County Airport is located 53 miles southeast of Washington, D.C., 70 miles south of Annapolis, and 85 miles south of Baltimore. Driving MD Route 235 to St. Mary's County Airport Drive, the airport is 4 miles northeast of Leonardtown, MD. Call 301-373-5416 for general airport information and/or directions. During the demonstration, the media can get a close-up view of the SA-60 and also observe the airship in action. A live webcam will document the events from the Proxity website. The AeroSphere SA-60 is a low altitude airship manufactured by Techsphere Systems International, Inc. The U.S. Navy has recently contracted with Cyber Aerospace to test the SA-60. Sierra Nevada Corporation has entered a contractual agreement to provide technology integration for government end users. Cyber Aerospace holds the exclusive global government marketing rights to the SA-60 and also Techsphere's advanced airship designs. The SA-60 can be used for both defense and homeland security purposes including surveillance of battlefields and domestic borders and ports. A June 16 news story notes how the airship could carry the same types of highly classified surveillance gear as satellites and unmanned reconnaissance aircraft such as high-resolution cameras, infrared sensors and over-the-horizon radar. http://www.tallahassee.com/mld/tallahassee/news/local/8937179.htm
posted
Press Release for Proxity Digital Networks Inc
Proxity Digital Networks Subsidiary Cyber Aerospace Invites Media to Witness SA-60 Airship Flights 6/18/2004 12:04:00 PM WEST PALM BEACH, Fla., Jun 18, 2004 (BUSINESS WIRE) -- Proxity Digital Networks, Inc. (Pink Sheets:PDNW) and Techsphere Systems International, Inc., announce that Cyber Aerospace Corp., an operating subsidiary of Proxity's On Alert Systems will hold a press conference and demonstration flight of the SA-60 spherical airship on Monday, June 28th at 10:00 a.m. at the St. Mary's County Airport outside Washington, DC. In the case of inclement weather, the press conference will be held the following day June 29th.
St. Mary's County Airport is located 53 miles southeast of Washington, D.C., 70 miles south of Annapolis, and 85 miles south of Baltimore. Driving MD Route 235 to St. Mary's County Airport Drive, the airport is 4 miles northeast of Leonardtown, MD. Call 301-373-5416 for general airport information and/or directions.
During the demonstration, the media can get a close-up view of the SA-60 and also observe the airship in action. A live webcam will document the events from the Proxity website.
The AeroSphere SA-60 is a low altitude airship manufactured by Techsphere Systems International, Inc. The U.S. Navy has recently contracted with Cyber Aerospace to test the SA-60. Sierra Nevada Corporation has entered a contractual agreement to provide technology integration for government end users. Cyber Aerospace holds the exclusive global government marketing rights to the SA-60 and also Techsphere's advanced airship designs.
The SA-60 can be used for both defense and homeland security purposes including surveillance of battlefields and domestic borders and ports. A June 16 news story notes how the airship could carry the same types of highly classified surveillance gear as satellites and unmanned reconnaissance aircraft such as high-resolution cameras, infrared sensors and over-the-horizon radar. http://www.tallahassee.com/mld/tallahassee/news/local/8937179.htm
About Proxity Digital Networks
Proxity Digital Networks, Inc. is a developmental holding company specializing in the deployment and marketing 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 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 acquiring a homogeneous Suite of 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. http://www.proxygen.com/36/Editorial.asp?aff_id=36&this_cat=Company
About Cyber Aerospace Corp.
Cyber Aerospace Corp. is assembling a team of military experts, aerospace and composite engineers to design and build a new generation of airships. Cyber Aerospace plans to market the airships as multi-use platform vehicles deployed in surveillance and communication operations, and capable of target acquisition. Cyber Aerospace will provide engineering support and systems integration for the airships. Proxity's subsidiaries will market the airships to various branches of the U.S. government and our allies. http://www.cyberaerospace.com
About Techsphere Systems International, Inc.
Techsphere Systems International, Inc. is a manufacturer of low, mid and high altitude airships. Working in concert 21st Century Air Ships of Canada, the Company will build unique airship designs. The current airship design holds the world altitude record and ranges in price from $5 million for low altitude airships to $32 million for platforms that will be stationed at 65,000 feet. http://www.techspheresystems.com
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 those actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
SOURCE: Proxity Digital Networks, Inc.
Proxity Digital Networks, Inc. Billy Robinson, 504-524-5425 Fax: 504-524-5424 www.proxity.com or On Alert Systems Inc., Tulsa 918-493-2069 Fax: 918-493-6234 or Cyber Aerospace Corp., West Palm Beach 561-624-2918 Fax: 561-694-0712 www.cyberaerospace.com or Techsphere Systems International, LLC Mike Lawson, 404-446-2200 mlawson@techspheresystems.com or Media Contact: Emerson Gerard Associates Jerry Jennings, 561-881-7318 Fax: 603-806-8508 mediareply@egaplus.com
Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
posted
Just wanted to bump this back up on the list and get some veteran opinions on the potential (short and long) of this thing. With the media being invited to the upcoming demonstration, do you foresee any significant PPS movement?
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posted
I expect some movement, surprised it didn't move earlier on the awesome news. Its ready to just fly in my opinion. I'm out now, missed making money thinking it would fly..
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WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PDNW-- Proxity Digital Networks, Inc. (Pink Sheets:PDNW) and Techsphere Systems International, Inc., announce through Cyber Aerospace Corp., an operating subsidiary of Proxity's On Alert Systems, that the SA-60 low altitude surveillance airship has taken flight as planned. All systems are operable. The SA-60 lifted off with a two-man crew at 7:10 AM from Captain Walter Francis Duke Regional Airport in Hollywood, St. Mary's County MD and flew until 8:20 AM at 1500 feet in a two-three mile radius. The U.S. Navy has recently contracted with Cyber Aerospace to test the SA-60. Cyber Aerospace is conducting contractor demo flights to determine performance characteristics for possible future military applications. Sierra Nevada Corporation has entered a contractual agreement to provide technology integration for government end users. Manufactured by Techsphere Systems International, Cyber Aerospace holds the exclusive global government marketing rights to the SA-60 and also Techsphere's advanced airship designs. Cyber Aerospace will hold a press conference with more demonstration flights of the airship 10:00 AM Monday June 28th at the Captain Walter Francis Duke Regional Airport. If inclement weather prevails, the press conference will be held on Tuesday June 29th. Captain Walter Francis Duke Regional Airport is located outside Washington DC in Hollywood, St. Mary's County MD; 53 miles southeast of Washington, D.C., 70 miles south of Annapolis, and 85 miles south of Baltimore. Driving MD Route 235 to St. Mary's County Airport Drive, the airport is 4 miles northeast of Leonardtown, MD. Call 301-373-5416 for general airport information and/or directions. During the demonstration, the media and public can get a close-up view of the SA-60 and also observe the airship in action. A live webcam will document the events from the Proxity website.
About Proxity Digital Networks
Proxity Digital Networks, Inc. is a developmental holding company specializing in the deployment and marketing 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 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 acquiring a homogeneous Suite of 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. www.onalertsystemsinc.com
About Cyber Aerospace Corp.
Cyber Aerospace Corp. is assembling a team of military experts, aerospace and composite engineers to design and build a new generation of airships. Cyber Aerospace plans to market the airships as multi-use platform vehicles deployed in surveillance and communication operations, and capable of target acquisition. Cyber Aerospace will provide engineering support and systems integration for the airships. Proxity's subsidiaries will market the airships to various branches of the U.S. government and our allies. http://www.cyberaerospace.com
About Techsphere Systems International, Inc.
Techsphere Systems International, Inc. is a manufacturer of low, mid and high altitude airships. Working in concert 21st Century Air Ships of Canada, the Company will build unique airship designs. The current airship design holds the world altitude record and ranges in price from $5 million for low altitude airships to $32 million for platforms that will be stationed at 65,000 feet. http://www.techspheresystems.com 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 those actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
KEYWORD: MARYLAND FLORIDA DISTRICT OF COLUMBIA INDUSTRY KEYWORD: AEROSPACE/DEFENSE GOVERNMENT AEROSPACE/DEFENSE PRODUCT SOURCE: Proxity Digital Networks, Inc.
CONTACT INFORMATION: Proxity Digital Networks, Inc. Billy Robinson, 504-524-5425 Fax: 504-524-5424 www.proxity.com or On Alert Systems Inc., Tulsa 918-493-2069 Fax: 918-493-6234 www.onalertsystemsinc.com or Cyber Aerospace Corp., West Palm Beach 561-624-2918 Fax: 561-694-0712 www.cyberaerospace.com or Techsphere Systems International, LLC Mike Lawson, 404-446-2200 mlawson@techspheresystems.com or Media Contact: Emerson Gerard Associates Jerry Jennings, 561-881-7318 Fax: 603-806-8508 mediareply@egaplus.com
------------------ Due Da Due......But Be Quick About It!!!!!
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