Moller International (fka MLER)

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NEWS OUT

Moller International Commits to Beta Production of Its Neuera Based Volantors

DAVIS, CA / ACCESSWIRE / April 29, 2015 / (PINKSHEETS: MLER), Moller International (the Company) has agreed to begin beta production of the Neuera and its Firefly derivative. These unique aircraft, generically referred to as volantors, can take-off and land vertically and are small enough to fit in a single car garage.

This decision is in response to the extraordinary interest shown in these particular volantor models for use in paramilitary, utilitarian and recreational applications. The Neuera configuration has undergone extensive wind tunnel and full scale flight testing (see www.moller.com). Much of the airframe tooling is complete and the recent commitment by the Company's licensee, Freedom Motors, to begin volume production of the Rotapower rotary engine is critical to this decision.

The Rotapower engine is a key component with unique attributes that allow the Neuera and Firefly volantors to operate as personal VTOL (vertical take-off and landing) aircraft that are safe through redundancy and potentially inexpensive to purchase or lease. Moller International is a public company (MLER) and holds numerous patents on VTOL capable aircraft, and high powered small rotary engines. The Company has delivered numerous unmanned drone versions of its patented technology (aerobots) to various branches of the US government.


About Moller International

Moller International (the "Company") was incorporated in 1983 as a continuation of its efforts to design, manufacture, and market safe, low cost, and easy to fly vertical takeoff and landing ("VTOL") aircraft called volantors. It has developed and demonstrated this technology and received sufficient feedback to be confident that volantors have an enormous number of immediate commercial, paramilitary and military applications.

Once the emerging "highway in the sky" (HITS) is in full operation, the volantor will be the ideal personal commuter aircraft to utilize it. Approximately $210 million (today's dollars) has been expended by the company to create and demonstrate its volantor, aerobot, and engine technologies.