DAVIS, Calif., Dec. 1, 2011 (GLOBE NEWSWIRE) -- Moller International, Inc. (MI) (OTC-QB:MLER), the developer of the Skycar® aircraft, the Rotapower® line of rotary engines and the Aerobot® line of Unmanned Aerial Vehicles (UAV) today announced the appointment of Mr. Hugh Power to its board of directors. Filling a recently vacated position, Mr. Power brings more than 25 years of management and business development in international trade. Mr. Power will also work closely with the South American marketing partners to develop the territory.
"Mr. Power has been a long time shareholder and supporter of Moller International and his presence on the board is greatly appreciated," said Dr Paul Moller, Chairman of Board, Moller International. "I believe Hugh's connections in South America and willingness to spearhead our marketing efforts in that region will benefit us greatly."
Mr. Power, currently serves as CEO of CliC Venezuela and CliC South America, distributing CliC eyewear throughout Central and South America opening the world's only exclusive CliC stores. As President of Hugh Power Designs and the former General Manager of Societe de Manihi pearl farms in Manihi, Tahiti, Mr. Power enjoys the reputation and accolades associated with being an internationally renowned jewelry designer in the pearl industry and is credited with pioneering and introducing the infamous Black Pearls of Tahiti through the first black pearl only stores in North America. More recently, Mr. Power is credited with designing and manufacturing the world's most expensive eyewear, the CliC Golds®.
"We look forward to benefiting from the insight that Hugh can provide in helping us achieve our long-term strategic objectives, particularly in the South American markets," said Bruce Calkins, General Manager, Moller International. "His unique perspective as a sitting industry-related executive will add a new dimension to our already actively engaged Board."
About Moller International
Moller International has its origins in research carried out by Dr. Paul Moller when he tested a scale model of his VTOL capable aircraft in 1961. A full-size version of the earlier VTOL aircraft was demonstrated in 1965. In 1967, research was conducted with the specific purpose of developing vertical takeoff aircraft for the consumer market.
Today, Moller International (OTC-QB:MLER) is a fully reporting public company that has continued to develop a number of VTOL aircraft employing Rotapower® engines and stabilization systems used not only in creating the M400 Skycar® and the M200 Neuera®, but also other VTOL aircraft targeted at the military, public safety, commercial and consumer markets.
The Skycar® has been featured on a number of TV programs including CBS 60 Minutes, "Highway In the Sky", NBC's Today Show "Today's American Story", and History Channel's, "Greatest Movie Gadgets: Then and Now."
Safe Harbor Statement
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.