Moller International Accepts DOD Development Service Contract

DAVIS, Calif.--(BUSINESS WIRE)--Moller International (OTCBB:MLER) has been identified as the primary vendor for a Department of Defense Development Service Contract which will utilize the company’s unique propulsion and airframe designs. The effort is being lead by a nationally recognized educational institution and was issued by a branch of the U.S. military. Disclosure of additional information is limited per the security directives of the Development Service Contract.

Moller International’s experience with ducted fans, manned and unmanned vertical take off and landing aircraft designs and high power-to-weight rotary engines motivated the prime contractor to include the company in the proposed work. The 12-to-18 month contract provides a very modest level of revenue and is not anticipated to have a material impact on the company’s financial status, but could potentially lead to more significant levels of work. However, there can be no assurance that any such potential will be realized.

About Moller

Moller International was formed in 1983 and is the developer of the roadable Skycar® aircraft, a four-person Vertical Takeoff and Landing Vehicle (VTOL) currently undergoing initial flight-testing. The aircraft uses the Company’s Rotapower® rotary engine designed specifically for compact, high power-to-weight applications. The Skycar® has the potential to provide an airborne alternative to a significant portion of the miles now traveled by automobiles.

The Skycar® has been featured on a number of TV programs including CBS 60 Minutes, “Highway In the Sky”, NBC’s Today Show “Today's American Story", and History Channel’s, “Greatest Movie Gadgets: Then and Now”.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

Skycar® and Rotapower® are registered trademarks of Moller International in the USA and other countries.