CAVU Resources Inc (CAVR)

[ListenToMe]

Jun 9, 2006 2:18:00 PM
ST. PETERSBURG, FL -- (MARKET WIRE) -- 06/09/06 -- Cyber Defense Systems, Inc (OTCBB: CYDF), a designer and developer of next generation unmanned aerial vehicles (UAV's), announced the that certain changes were being made in the structure of its Board of Directors.

The Company announced that Jim Alman, a Founder and Vice President of the Company, has agreed to step down from the Board of Directors. This action will comply with the terms and conditions stated in the Merger Agreement between Cyber Defense Systems, Inc. and Techsphere Systems International, Inc. dated September 19, 2005. Mr. Alman will continue as Vice President of Engineering with major focus on UAV Development. He will continue to lead efforts relating to product improvements of the Company's family of CyberBugs, CyberScouts, Airships and new projects to enhance Cyber's competitive position in the marketplace.

Billy Robinson, Chairman & CEO, stated "We extend our thanks and appreciation to Jim Alman for his contributions to the Board and the shareholders of the Company during his time of service as a Director. We are pleased that Mr. Alman will continue to serve the Company as our VP of Engineering and will continue to work toward advancing the competitive edge of our UAV products."

Mr. Robinson added, "With the departure of Jim Alman from the Board, and as we continue to grow, the need for additional outside independent directors becomes more important. We plan to interview director candidates over the next few weeks and hope to identify qualified candidates for independent directorships as we move to establish a Board that will be attractive to investors as the Company moves to the next level."

About Cyber Defense Systems

Cyber Defense Systems, Inc. (OTCBB: CYDF) is designing and building a new generation of UAVs. Cyber Defense is currently marketing airships and their CyberBug(TM) UAVs to various branches of the U.S. government and U.S. allies as multi-use platform vehicles capable of deployment in surveillance and communication operations. For more information about Cyber Defense Systems, Inc. go to: http://www.cduav.com

About Techsphere Systems International

Techsphere Systems International, Inc., a wholly owned subsidiary of Cyber Defense located in Atlanta and Columbus, GA, manufactures low and medium altitude airships. Together with their teaming companies, Techsphere will design and build unique airship platforms for use in many areas including marketing, surveillance, the military and wireless communications. The current spherical airship design holds the world altitude record at over 20,000 feet. For more information about Techsphere go to: http://www.techsphere.us.

Forward-Looking Statements:

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and those actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Contact:

Cyber Defense Systems, Inc.
Techsphere Systems International, Inc.
Billy Robinson
727-577-0878
[e-mail]

Techsphere Systems International, Inc.
Mike Lawson
404-446-2203
[e-mail]

Osprey Partners
Mike Mulshine
Office: 732-292-0982
[e-mail]