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World Surveillance Group Files PCT Patent Application on Airship Design(February 22, 2012)
KENNEDY SPACE CENTER, FL -- (Marketwire) -- 02/22/12 -- World Surveillance Group Inc. (OTCBB: WSGI), a developer of lighter-than-air ("LTA") unmanned aerial vehicles ("UAVs") and related technologies, announced today that it has filed a patent application under the Patent Cooperation Treaty ("PCT") for an airship design and a method of controlling the airship based on its Argus One UAV. WSGI filed the PCT patent application to protect its intellectual property in the unique airship design that is the foundation of the Company's UAV research and development program. WSGI intends not only to improve and commercialize its mid-altitude Argus One airship, but to expand on its airship design to develop next generation UAVs with longer durations, higher altitudes and increased payload capacities, including the Stratellite, a long endurance airship intended to operate in the lower stratosphere.
The PCT patent application is for a LTA unmanned, autonomous airship with automated control for individual modules for improved flight stability and aerodynamic control. The design features the ability to control the rigidity between each module and the ability to pivot. The modules are operated by microcontrollers based on aerodynamic requirements. The airship's altitude, overall response and handling characteristics and flight control utilizes a system of ballonets contained within each individual module, thereby creating a dynamically adjustable airship.
The Company's PCT patent application is based on a proprietary airship design that has undergone years of research and development and testing. The Argus One UAV has been flight tested and is currently stationed in Nevada for further testing, demonstrations and evaluation by our government sponsors. The Argus One airship is designed to hover or move above the earth's surface for extended periods of time handling winds in a more efficient manner than traditional "blimp-like" airships, while also delivering a cost-effective solution for many applications based on minimal required ground and human infrastructure. The proprietary design was developed to focus on government and commercial applications including military, intelligence, reconnaissance, and surveillance ("ISR"), border monitoring and drug enforcement, natural disaster infrastructure, and eventually as an instant infrastructure solution for global low cost voice and data communications.
WSGI President and CEO Glenn D. Estrella stated, "The filing of our initial PCT patent application is a major step for our Company and in line with our goal to diligently protect our intellectual property and strengthen our IP portfolio. We are excited by the unique technical capabilities of our mid-altitude airship design, which we believe gives our Argus One airship the potential to successfully operate in a large array of mission critical applications. We also fully intend to build on our unique airship design to develop increasingly more complex UAVs leading to our ultimate goal of a high-altitude, stratospheric, long endurance aircraft."
About World Surveillance Group Inc.
World Surveillance Group Inc. (OTCBB: WSGI) designs, develops, markets and sells autonomous, lighter-than-air UAVs capable of carrying payloads that provide persistent security and/or wireless communications solutions at low, mid, and high altitudes. WSGI's airships, when integrated with electronics systems and other high technology payloads, are designed for use by government-related and commercial entities that require real-time intelligence, surveillance and reconnaissance or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief and maritime missions. For more information regarding WSGI, please visit www.wsgi.com, or view our reports and filings with the Securities and Exchange Commission on http://www.sec.gov.
Certain statements in this release constitute forward-looking statements. These statements include those regarding whether or not a patent will issue from the PCT application, the capabilities and advantages of the Company's airship design, technology and products, the outcome of any research and development efforts and/or testing of the Company's products, including the ability to develop next generation airships or the Stratellite, the ability of the Company to protect its intellectual property or develop and expand its product line or intellectual property portfolio, the timing, location or results of any flight testing or demonstrations of our Argus One UAV, the outcome of any demonstrations of the Company's airships, the further advancement, development or commercialization of the Company's UAVs, the capabilities and advantages of, and costs related to, the Company's technology and products, the Company's ability to achieve commercial success or growth in its business, the fitness to any particular application of the Company's airships, and the Company's ability to execute on its strategies or business plan or accomplish any of its goals. The words "forecast," "project," "intend," "expect," "plan, " "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
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