Company SnapShot
Stock Symbol:
MNDP
Ask:
$N/A
Bid:
$N/A
Last Trade:
1:19pm - 0.029
Recent Price:
$0.029
Volume:
184,267
Market Cap:
1.6M
Company News

LOS ANGELES, July 27 /PRNewswire-FirstCall/ -- The Mundus Group, Inc. (Pink Sheets: MNDP - News) today announced that AirStar and the FBI have entered the final stages of feasibility and performance tests of its state of the art Vertical Take Off and Landing (VTOL) UAV unmanned air vehicles (UAVs).

Josef Obermeier, President of the company, commented, "The FBI has expressed keen interest in AirStar's aerial surveillance capabilities. AirStar will be building its professional and government agency surveillance UAVs through its dedicated surveillance division, Air Intel Systems".

With Air Intel System's advanced infrared optics and surveillance, police, border patrol, and/or port authorities can observe, automatically monitor and track individuals and/or moving vehicles while sending pin-point accurate GPS coordinates and real time high definition video images to enforcement agencies without leaving their desks.

No other aerospace UAV company in the world has a higher profile in cutting edge real world surveillance applications. Providing stealth operation from sea level to 7,500 feet altitude while running on ethanol with zero emissions, AirStar's UAV's run for two to four hours of autonomous flight and vehicle tracking, automatically returning to base with preprogrammed instructions for refueling before resuming aerial observation and surveillance duty or other instructions. AirStar has pioneered aerial surveillance with government agencies in Brazil, Japan, and the U.S. for applications from ecosphere and environmental protection to surveillance over tourist attractions and downtown intersections.

AirStar has been a close ally since 2002 when it was an integral part of the Mundus division, Roadable Aircraft Inc team which co-developed and built the first UAV VTOL prototype (Unmanned Air Vehicle Vertical Take off & Landing) under RAI's 3 year Cooperative Research and Development Agreement (CRADA) with US NAVY at Naval Air Warfare Center Weapons Division Pt. Mugu, California.

About The Mundus Group, Inc.

The Mundus Group, Inc. (MNDP) is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI).

Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments.

From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors.

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MNDP has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect the MNDP's current beliefs and are based upon information currently available to it.

Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the MNDP's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. MNDP undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.

    Company Information:                       Investor Relations:
Mundus Group, Inc.
3540 W. Sahara Ave #1255
Las Vegas, NV 89102-5816                   Email: ir@mundusgroupinc.com
Tel: +1 (805)-416-5030
Fax: +1 (805)-426-8888
Email: info@mundusgroupinc.com
Stock Information: MNDP
Internet: www.mundusgroupinc.com