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Mundus Group Announces Update on Closing of Acquisition of AirStar International, Company Plans to Become Fully Reporting

June 16, 2009

LAS VEGAS, June 16 /PRNewswire-FirstCall/ — Mundus Group, Inc. (Pink Sheets: MNDP), a VTOL UAV technology provider, announces a positive update on acquired company, AirStar International, worldwide leader in remote controlled VTOL UAV camera copters for surveillance, aerial photography and aerial delivery systems for environmental compliance, and UAV drones as a ducted fan UAV (Unmanned Air Vehicle).

CEO of Mundus Group, Josef Obermeier, commented, “Mundus Corp is pleased to announce that the acquiring of AirStar International, Inc. has entered into the contractual stage. Both parties have signed the letter of intent and the funds have been secured. The signing of the contracts will finalize the acquisition and will allow us to complete another step in becoming a full reporting company, which in turn will enable us to archive our goal of trading on a larger exchange.”

About AirStar: AirStar International, Inc. (AirStar) began in 1988 with the design and manufacturing of cutting edge remote controlled unmanned air vehicles (UAVs) and helicopters for international government and civilian surveillance services, US military, US Navy, US Army and Northrop Grumman, fire and rescue departments, as well as aerial photography and laboratory / product data testing. AirStar’s amazing aerial photography achieved world notoriety in Hollywood’s Movie industry with Schwarzenegger and George Lucas productions, which grew into UAV aerial surveillance systems for government agencies and UAV aerial delivery systems for Environmental Protection Agency compliance.

About Mundus Group:

Mundus is a growing diversified holding company comprised of subsidiaries within complementary industry segments. From State of the Art, Remote Controlled Unmanned UAV Air Vehicles for aerial camera movie production and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing broad product and service offerings to provide economic protection and growth opportunities for investors. At its core the Mundus Group is an aerospace Technologies Consortium providing patented UAV VTOL technology fusing Computer assisted auto flight and composite technologies.

This press release contains statements, which may constitute ‘forward-looking statements’ within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

        Mundus Group, Inc.
        Josef Obermeier, President
        Phone: 1-805-416-5030
        info@mundusgroupinc.com
        www.mundusgroupinc.com

SOURCE Mundus Group, Inc.


Source: newswire



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