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Cyber Defense Sub
Techsphere Signs Exclusive with ISE Corporation for Hybrid
Electric and Hydrogen Fuel Cell Solutions For Airships
ATLANTA & ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Nov.
7, 2005--Cyber Defense Systems, Inc., (OTCBB: CYDF - News),
a designer and developer of next generation unmanned aerial
vehicles (UAV's), and its wholly-owned subsidiary, Techsphere
Systems International, Inc. (TSI), a designer, developer and
manufacturer of manned and unmanned airships, announced today
the signing of an Exclusive Agreement between Techsphere Systems
International, Inc. (www.techsphere.us) and ISE Corporation
(http://www.isecorp.com/).
The agreement gives Techsphere Systems International, Inc.
a worldwide exclusive to purchase from ISE Corporation Hybrid
Electric Drive Trains which include controls and software
for future engines and power trains on Techsphere Airships.
ISE's proprietary systems and controls are expected to provide
system efficiencies and corresponding fuel economies that
are unparalleled in the Airship industry.
ISE has previously teamed with electrical engineering powerhouse
Siemens AG (NYSE: SI - News) to produce various series of
ultra-efficient hybrid transit buses that have demonstrated
substantially increased fuel economy while producing the lowest
emissions of any bus drive system certified by the California
Air Resources Board. The contract between ISE and Techsphere
will continue the tradition of hybrid-power innovation into
the air, which will open many new doors for the already diverse
applications of Techsphere's Airships.
The main benefit of the implementation of these new drivetrains
into Techsphere's products will be increased flight longevity.
This will vastly improve the airships' reliability as a telecom
beacon; visibility potential as an aerial marketing medium;
as well as elevate their surveillance capabilities when used
as a tool for homeland defense. The deal also yields new possibilities
for Techsphere's current partnership with NASA on projects
that use the airships as low-earth orbit satellites for purposes
of topographic research.
"This Agreement captures the ability to use state-of-the-art
hybrid propulsion systems that will enable Techsphere to become
the experts in long endurance flight for airships," said
Keith Vierela, Chief Operating Officer for Techsphere Systems
International.
"This Agreement will allow ISE Corporation and Techsphere
not only to use current hybrid electric propulsion, but will
allow the team to perfect solutions for hydrogen fuel cell
power plants for long endurance flight on Techsphere Airships,"
said David Mazaika, CEO and President of ISE.
ABOUT CYBER DEFENSE SYSTEMS, INC.
Cyber Defense Systems, Inc. is designing and building a new
generation of UAV's and airships. Cyber Defense is currently
marketing their M.A.R.S and Techsphere airships as well as
their UAV's to various branches of the U.S. government, U.S.
allies and commercial clients as multi-use platform vehicles
capable of deployment in surveillance and communication operations.
Cyber Defense Systems, Inc. http://www.cduav.com (OTCBB: CYDF
- News).
ABOUT TECHSPHERE SYSTEMS INTERNATIONAL, INC.
Techsphere Systems International, Inc., a wholly owned subsidiary
of Cyber Defense is located in Atlanta and Columbus, GA, is
the manufacturer of low, mid and high altitude airships. Together
with their teaming companies, Techsphere will design and build
unique airship platforms for use in many areas including surveillance,
the military and wireless communications. The current spherical
airship design holds the world altitude record at over 20,000
feet. http://www.techsphere.us
ABOUT PROXITY
Proxity, Inc. is a developmental holding company specializing
in the deployment and marketing of security protection technology
and government contract fulfillment. After the declared dividend
Proxity a major shareholder in CYDF will own 18,250,000 shares.
Proxity seeks to acquire and develop both internet based business
opportunities and security technology. The Company recently
formed Proxity Electronic Commerce Systems, LLC (PECS) www.proxity-ec.com
and plans to enter into developmental, teaming and exclusive
and nonexclusive marketing and distribution agreements with
products developed for Government, commercial, military and
homeland defense areas. http://www.proxity.com. (PinkSheets:PRXT
- News)
ABOUT ISE CORPORATION
ISE Corporation, based in San Diego, is a leading supplier
of hybrid drive systems and components for heavy-duty vehicles
such as buses, trucks, trams, airport equipment, and military
vehicles. ISE is a world leader in electric, hybrid-electric,
and fuel cell technologies, and the U.S. distributor for Siemens
ELFA(TM) electric and hybrid-electric drive components. For
more information please contact Mr. Gary Williams at (858)
314-1736, or visit www.isecorp.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.
Contact:
Cyber Defense Systems, Inc.
Techsphere Systems International, Inc.
Billy Robinson, 727-577-0878
billy@proxity.com
or
ISE Corporation
Gary Williams, 858-314-1736
www.isecorp.com
or
TTC Group, Inc
Victor Allgeier, 212-227-0997
Source: Cyber Defense Systems, Inc. |
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