CARSON CITY, Nev., May 17, 2010 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCBB:TADF), an Aerospace/Defense Services contractor that offers air-combat training, aerial refueling, aircraft maintenance training, disaster relief, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that the Company has been approved for membership in the U.S.-Ukraine Business Council (USUBC).
The U.S.-Ukraine Business Council's membership includes large, well-known companies, as well as smaller private companies interested in fostering a stronger commercial relationship between the United States and Ukraine. The U.S.-Ukraine Business Council (USUBC) is led by a President and supported by a Board of Directors and a smaller Executive Committee that acts on behalf of the Board between meetings.
Alexis C. Korybut, Chief Executive Officer of Tactical Air Defense Services, stated, "We are pleased to become part of such a prestigious and well regarded organization. The Ukraine has become a hub for defense related equipment and flight training throughout Europe. This alliance should assist our Company as we expand our operations and seek potential alliances with defense related companies operating in the Ukraine."
For more information regarding Tactical Air Defense Services please visit www.tads-usa.com.
About the U.S.-UKRAINE BUSINESS COUNCIL (USUBC)
The U.S.-Ukraine Business Council (USUBC) is a private, non-profit trade association representing the interests of U.S. businesses active in Ukraine.
Based in Washington, DC, the U.S.-Ukraine Business Council (USUBC) promotes U.S. and Ukrainian commercial ties through regular interactions with U.S. and Ukrainian business and government leaders, and through the analysis and advocacy of key policy issues impacting U.S. businesses and the future of U.S.-Ukrainian relations.
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.