CARSON CITY, Nev., April 23, 2010 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc., (OTCBB:TADF) an Aerospace/Defense Services contractor that offers air-combat training, mid-air refueling, specialty aerial services, ground-threat support, and other Aerospace/Defense services to the United States and Foreign militaries, is pleased to announce that it has reached an agreement with Tactical Air Support, Inc. ("Tac-Air") to jointly pursue F-16 air combat and maintenance training contracts with the U.S. and foreign militaries. TADF and Tac-Air have submitted their first joint solicitation response to a division of the U.S. Department of Defense in connection with supplying F-16 maintenance training services.
Tac-Air is a privately-held Aerospace/Defense Services contractor founded by a group of former Navy, Marine, and Air Force Weapon's School Instructors, which has won and successfully executed multiple Aerospace/Defense contracts by divisions of the U.S. Department of Defense. Additional information on Tac-Air is available by going to: www.tacticalairsupport.com.
Alexis C. Korybut, Chief Executive Officer of TADF, stated: "We are very excited by the opportunity to work together with Tac-Air. Tac-Air brings a proven track-record of accomplishment and expertise that we believe will greatly enhance our ability to pursue and win Aerospace/Defense service contracts from the U.S. and foreign-allied Departments of Defense."
Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.