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Technology Stocks : PRXT - Proxity Digital Networks, Inc.

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To: jmhollen who started this subject6/15/2004 5:17:26 PM
From: jmhollen  Read Replies (1) of 35
 
Proxity Digital Networks Announces Subsidiary Cyber Aerospace Contracts
With U.S. Government Agency and the U.S. Navy


WEST PALM BEACH, Fla., Jun 15, 2004 (PRIMEZONE via COMTEX) -- Proxity Digital
Networks, Inc. (PinkSheets:PDNW) and Techsphere Systems International, Inc.
announces Cyber Aerospace Corp., an operating subsidiary of Proxity's On Alert
Systems, has received two contracts for airship services; one from a U.S.
Government agency, another from the U.S. Navy.


Using the AeroSphere SA-60, Cyber Aerospace will provide the U.S. Government
agency with testing and integration services for future airship uses. Test
flights will take place at locations to be announced in the D.C. metropolitan
area.

The U.S. Navy will utilize the SA-60 for technology tests and evaluation the
week of June 28. The tests will demonstrate the significant capabilities of the
Cyber airship to monitor activities on the ground while flying altitudes in
excess of 5,000 feet.

The AeroSphere SA-60 is a low altitude airship manufactured by Techsphere
Systems International, Inc. The SA-60 can be used for battlefield surveillance
to monitor war zones and combat areas with multiple systems platforms. Cyber
Aerospace holds the exclusive global government marketing rights to Techsphere's
existing AeroSphere SA-60 and advanced airship designs.

About Proxity Digital Networks

Proxity Digital Networks, Inc. is a developmental holding company specializing
in the deployment and marketing of security protection technology and government
contract fulfillment. The Company seeks to acquire and develop security
technology. Proxity plans to enter into teaming and exclusive and nonexclusive
marketing and distribution agreements with products developed for commercial,
military and homeland defense. www.proxity.com

About On Alert Systems

On Alert Systems, Inc. is a wholly owned subsidiary of Proxity Digital Networks.
On Alert plans to acquire the marketing rights to offensive and defensive
security technologies supporting a full line of interoperable protection
disciplines. By acquiring a homogeneous Suite of Security Products through
teaming and licensed marketing and distribution agreements, the Company plans to
introduce the new product line to multiple markets. Though exclusive global
licenses, On Alert has also licensed a developing system that uses acoustical
and ultrasonic means to sense and evaluate activity pertinent to law
enforcement, security and defense industries. Their prospective clients all
share the need for enhanced security, mobile communication platforms and
increased surveillance capabilities.
www.proxygen.com/36/Editorial.asp?aff_id=36&this_cat=Company

About Cyber Aerospace Corp.

Cyber Aerospace Corp. is assembling a team of military experts, aerospace and
composite engineers to design and build a new generation of airships. Cyber
Aerospace plans to market the airships as multi-use platform vehicles deployed
in surveillance and communication operations, and capable of target acquisition.
Cyber Aerospace will provide engineering support and systems integration for the
airships. Proxity's subsidiaries will market the airships to various branches of
the U.S. government and our allies. www.cyberaerospace.com

About Techsphere Systems International, Inc.

Techsphere Systems International, Inc. is a manufacturer of low, mid and high
altitude airships. Working in concert 21st Century Air Ships of Canada, the
Company will build unique airship designs. The airship design currently holds
the world altitude record and ranges in price from $5 million for low altitude
airships to $32 million for platforms that will be stationed at 65,000 feet. techspheresystems.com

More information on Homeland Security issues, including news releases, events
and experts available for comment, can be found on the Homeland Security
Newsline at www.primezone.com/hs

SOURCE: Proxity Digital Networks

By Staff

CONTACT: Proxity Digital Networks, Inc.
Billy Robinson
(504) 524-5425
(504) 524-5424, Fax
www.proxity.com

On Alert Systems Inc., Tulsa
(918) 493-2069
(918) 493-6234, Fax
proxygen.com

Cyber Aerospace Corp., West Palm Beach
(561) 624-2918
(561) 694-0712, Fax
cyberaerospace.com

Techsphere Systems International, LLC
Mike Lawson
(404) 446-2200
mlawson@techspheresystems.com

Media Contact:
Emerson Gerard Associates
Jerry Jennings
(561) 881-7318
(603) 806-8508, Fax
mediareply@egaplus.com
.
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