 |
Cyber
Defense Successfully Tests Groundbreaking Propulsion System
For Mid Altitude Airships (MAA)
ST. PETERSBURG, Fla., Sep 01, 2005 (BUSINESS
WIRE) -- Cyber Defense Systems, Inc. (OTCBB:CYDF),a designer
and developer of next generation unmanned aerial vehicles
(UAV''s) and an operating subsidiary of Proxity, Inc. (Pink
Sheets: PRXT), today announced the introduction and successful
testing of a revolutionary new propulsion system. Cyber Defense''s
propulsion systems for the Mid Altitude Airships ("MAA")
SA 90 being built by Techsphere Systems International is designed
to maintain geo-stationary position at a cruise altitude of
up to 25,000 feet. The SA 90 under development is a semi spherical
airship with the four engine CyberPOD(TM) propulsion system
is designed for continuous operations 24 hour per day for
a maximum of 2 days on station.
A critical subassembly of the propulsion system
is the pylon assembly developed for the MAA program. This
system incorporates an optimized large diameter propeller
for the high altitude, low specific thrust airship conditions.
The support structure, mounting system, and articulating prop-drive
has been analyzed extensively by finite element methods. A
detailed forced harmonic life analysis of the structures attached
to the semi-rigid structure has been performed, indicating
a long life capability.
The 18-ft diameter custom propeller has been
designed to operate efficiently for both MAA and High-altitude
Airship ("HAA") M.A.R.S.(TM) Airship applications.
Currently this propeller is machined from aluminum bar-stock,
but the production-released version of the MAA and HAA will
utilize light-weight composite blades of similar aerodynamic
design.
"We are excited to introduce what we
feel is an advanced airship propulsion system currently unavailable
in the marketplace today," said Billy Robinson, CEO of
Cyber Defense Systems. "This new system will enable a
heavier payload, will operate longer and more efficiently,
and will be able to withstand severe weather conditions more
effectively," added Mr. Robinson.
ABOUT CYBER DEFENSE SYSTEMS:
Cyber Defense Systems, Inc. is designing and
building a new generation of UAV''s. Cyber Defense also has
the global government and military marketing rights to Techsphere
Systems International LLC Spherical and Semi-spherical airships.
Cyber Defense is currently marketing the airships and their
CyberBug(TM) UAV''s to various branches of the U.S. government
and U.S. allies as multi-use platform vehicles capable of
deployment in surveillance and communication operations. Cyber
Defense Systems, Inc. http://www.cduav.com
(OTCBB: CYDF) is an operating subsidiary of Proxity, Inc.
(Pink Sheets: PRXT).
ABOUT TECHSPHERE SYSTEMS INTERNATIONAL:
Techsphere Systems International, LLC, 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. With 18,750,000
shares in CYDF, Proxity is the Company''s majority shareholder.
Proxity seeks to acquire and develop security technology.
The Company 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
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: Cyber Defense Systems, Inc.
CONTACT: Cyber Defense Systems, Inc.
Billy Robinson, 727-577-0878
billy@proxity.com
or
TTC Group, Inc.
Victor Allgeier, 212-227-0997
Info@ttcominc.com
or
Techsphere Systems, LLC
Mike Lawson, 404-446-2203
mlawson@techsphere.us
|
 |
|
Disclaimer:
All material herein is information supplied by the company or
other sources believed to be reliable. The information contained
herein is not guaranteed by TheNewsGate.com to be accurate,
and should not be considered to be all-inclusive. The companies
that are discussed in this profile have approved the statements
made in this profile. This profile contains forward-looking
statements that involve risks and uncertainties. Statements
in this press release about the company's future expectations,
including: development of licensing and branding and all other
statements in this release, other than historical facts, are
"forward-looking statements" within the meaning of
section 27A of the Securities Act of 1933, section 21E of the
Securities Act of 1934, as that term is defined in the Private
Securities Reform Act of 1995. It is important to note that
actual results and ultimate corporate actions could differ materially
from those in such forward looking statements. Such "forward-looking
statements" are subject to risks and uncertainties set
forth from time to time in the Company's SEC reports. This material
is for informational purposes only and should not be construed
as an offer or solicitation of an offer to buy or sell securities.
TheNewsGate.com is not a licensed broker, broker dealer, market
marker, investment advisor, analyst or underwriter. Please consult
a broker before purchasing or selling any securities viewed
on http://TheNewsGate.com/ TTC Group has received $10,000 of
a $60,000 agreement from CYDF. An additional $50,000 is due
TTC Group over the next five months. TheNewsGate.com has received
$5,000 for investor relations services from TTC Group. An additional
$25,000 is due TheNewsGate.com over the next five months for
investor relations services from TTC Group. TTC Group and/or
TheNewsGate.com's affiliates, officers, directors and employees
may have bought or may buy the shares discussed in this profile
and may profit in the event those shares rise in value. TheNewsGate.com
does not and will not offer any opinion as to when others should
sell; each investor must make that decision based on his or
her judgment of the market.
|
|