Global Aerial Surveillance Announces New Chief Executive Officer

Craig Cervantes Retains Role of President with an Emphasis on Research and Development

LAS VEGAS, Sept. 29 -- Global Aerial Surveillance , a developer and manufacturer of unmanned aerial vehicles (UAV) for both commercial and military applications, is pleased to announce the hiring of Mr. Hale H. Hitchcock as CEO. Hitchcock assumes his responsibilities effective immediately.

Craig Cervantes will remain in the role of President, with a focus on technology and development, while Hitchcock will head up strategic hiring of key personnel and work to bring the company current on all filings. Hitchcock brings extensive experience in the security and protection industry. "I am extremely enthusiastic about my new role with Global and look forward to building a team dedicated to excellence," stated Hitchcock. "Global has the unique opportunity, as one of the only publicly traded pure plays in UAV technology, to develop and market mission specific vehicles for military and private industry that can address specific niche markets. This is truly one of the most exciting positions I could imagine."

Craig Cervantes, President of Global commented, "We're glad to have Hale on board with us. In his new role as CEO, Hale will be empowered with building not only a strong sales and marketing team, but will also bring the company current in its filings with a view towards a listing on a senior exchange when appropriate."

More information is available on the company's website at: www.globalaerialsurveillance.com.

About Global Aerial Surveillance

Global Aerial Surveillance intends to capitalize on what the company sees as an opportunity in the civilian and military markets to provide Unmanned Aerial Vehicles (UAVs) for a myriad of potential applications. Although the applications for UAVs are numerous, Global intends to concentrate its development and marketing efforts in small, underserved niches where it can compete aggressively with pricing and service exceeding the competition.

Global will take a new approach to the development of UAV technology by making use of advanced composite construction techniques and materials and incorporating the latest in ultra-light high-speed computer processors to deliver a flexible, mission-specific UAV to its customers that can perform various complex missions.

A recent study of the worldwide UAV market concluded that US spending on UAVs amounted to about 73% of worldwide research and production spending in 2003. The US has dominated this market in recent years, due in part, to the depth of research and wide range of production programs.

Frost & Sullivan, a research group in San Antonio, Texas, forecasts that the market for UAVs will be worth nearly $5 billion in 2005. Michael Heinz, who heads Boeing's Unmanned Systems unit, and other executives at military contractors see an annual market of at least $10 billion by decade's end, with growth continuing at double-digit rates for a decade or more.

The statements made in this press release, which are not historical facts, contain forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of the specific items described in the release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.