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NEWS - Quasar Aerospace Industries, Inc. CEO Dean Completes Personal Purchases
and Resumes Company's Buy Back Program of Quasar Aerospace Stock


JACKSONVILLE, FL, Nov 02, 2009 (MARKETWIRE via COMTEX) -- Quasar Aerospace
Industries, Inc. (PINKSHEETS: QASP)

Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., has notified the
company that he has completed his purchase of $50,000 of Quasar Aerospace
Industries shares. This purchase was in compliance with SEC Rule 10b-18 and the
shares become restricted under Rule 144.

The Company will now resume its Buy Back Program, and the Board of Directors has
authorized the officers to repurchase up to 20% of the total outstanding shares.
It has approved the repurchase of up to $250,000 worth of stock for the first
two weeks of November. These shares will be retired to Treasury Stock and reduce
the number of outstanding shares of the company.

This press release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such forward-looking statements
are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those projected in
the forward-looking statements as a result of various factors, and other risks.
You should consider these factors in evaluating the forward-looking statements
included herein, and not place undue reliance on such statements. The
forward-looking statements in this release are made as of the date hereof and
Quasar Aerospace Industries, Inc. under take no obligation to update such
statements.