Aerostat System Delivery, Onsite Training To Commence First Quarter 2014

Lighter Than Air Systems Corp. (LTAS) has received an order for a Blimp in a Box (BiB) 100 aerostat system for use by an unnamed State Department of Transportation. The BiB 100 aerostat system is scheduled to be delivered to the customer during the first quarter of 2014, after which onsite training and test operations will commence.

Unlike a "drone" or other unmanned aerial vehicle, the highly mobile BiB 100 aerostat system utilizes a high strength, power tether line to remain connected to an integrated trailer where secure communications are transmitted. The system is designed to provide incident awareness and assessment ("IAA") and can be used to monitor illegal activity, identify and monitor traffic patterns, or provide disaster response in a secure manner without the risk of being intercepted or jammed.

The BiB aerostat system is designed to be used in various applications required by state and local government municipalities including first responders, police and fire departments. The BiB 100 is a smaller version of larger LTAS BiB aerostat systems including the BiB 250, which is currently being used by the Department of Defense ("DoD") for evaluation and training. Additionally, a variant of the BiB 250, or as it is also called while being utilized by the U.S. Army Space and Missile Defense Command /Army Forces Strategic Command, the Winch Aerostat Small Platform ("WASP"), also recently participated in the Network Integration Evaluation (NIE) 14.1 as a 'System Under Evaluation.'

"This order demonstrates the need for our products in targeted new markets," said WSGI President and CEO, Glenn D. Estrella. "We have been successfully working to expand the markets for our products beyond military applications and are focused on both the commercial and state and local government marketplaces. We are excited to continue to execute our strategy in 2014 by both opening new markets for our products and by continuing to work closely with our federal government defense customers, especially following the recent passage of the 2014 National Defense Authorization Act."

FMI: www.ltascorp.com