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Mon, Nov 16, 2009

E-Green Technologies, Inc. Acquires 21st Century Airships

Company Will Offer High-Performance, Long-Endurance Manned and Unmanned LTA Airships

E-Green Technologies tells ANN that it has acquired Newmarket, Ontario based 21st Century Airships. 21st Century is reportedly the world's leading airship research and development company, with a strong IP portfolio of 18 patents, issued and pending, which protects the Company's airship technology.

This proprietary technology was developed over a period 15 years, culminating in their "next generation" airship.

"The acquisition of 21st Century, with advanced technology and next-generation design, will position us to bring to market the highest-performing, best value, and most capable airships offering low, medium and high-altitude, long-endurance flight services" said E-Green Technologies Chairman and CEO Michael Lawson.

21st Century has successfully flown 14 prototypes, consistently exhibiting performance-enhancing advantages over existing airships, including vertical take-off and landing, high-speed maneuverability and forward thrust in air. Markets that can benefit from this new capability include remote sensing, communications, surveillance and reconnaissance, missile defense, surveying, cargo transport, and advertising, among others.

E-Green Technologies, with its next-generation design, is preparing the new helium-filled Bullet 580 Airship for near term flight. The Bullet 580 Airship is designed to meet industry needs through its unique capabilities of vertical take-off and landing, and ability to attain an altitude of 20,000 feet and maintain long endurance flight. The Bullet 580 is also the prototype for the Company's Heavy Lift and High Altitude applications.

FMI: www.e-greentechnologies.com, www.21stcenturyairships.com

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