E-Green Technologies, Inc. Acquires 21^st Century Airships

Company Will Offer High-Performance, Long-Endurance Manned and Unmanned Lighter-than-air Airships for Civil, Government and Military Markets

KELLYTON, Ala.--(BUSINESS WIRE)--E-Green Technologies, Inc., a privately-held company, today announced the successful acquisition of Newmarket, Ontario based 21st Century Airships. 21st Century is the world's leading airship research and development company, with a strong IP portfolio of 18 patents, issued and pending, which protects the Company's airship technology. This collection of proprietary technology was developed over a period 15 years, culminating in the "next generation" airship.

"The acquisition of 21^st Century, with advanced technology and next-generation design, will position us to bring to market the highest-performing, best value, and most capable airships offering low, medium and high-altitude, long-endurance flight services," said E-Green Technologies Chairman and CEO Michael Lawson.

21^st Century has successfully flown 14 prototypes, consistently exhibiting performance-enhancing advantages over existing airships, including vertical take-off and landing, high-speed maneuverability and forward thrust in air. Markets that can benefit from this new capability include remote sensing, communications, surveillance and reconnaissance, missile defense, surveying, cargo transport, and advertising, among others.

E-Green Technologies, with its next-generation design, is preparing the new helium-filled Bullet^™ 580 Airship for near term flight. The Bullet^™ 580 Airship is designed to meet industry needs through its unique capabilities of vertical take-off and landing, and ability to attain an altitude of 20,000 feet and maintain long endurance flight. The Bullet^™ 580 is also the prototype for the Company's Heavy Lift and High Altitude applications. There will be further announcements forthcoming.

About E-Green Technologies

E Green Technologies, Inc. specializes in the development, construction and marketing of manned and unmanned helium-filled airships for advertising, defense, mining, telecommunications, transportation, and multiple markets globally that can benefit from vertical airship flight operations.

About E-Green's 21^st Century

Founded in 1988 as a research and development company, 21^st Century's primary objective has been to develop modern, safe and cost-effective airships for a wide variety of applications. Its research and development activities have resulted in numerous patented inventions. 14 airships have been manufactured to date, ranging from rudimentary prototypes to sophisticated, record-breaking crafts, which have captured the world's record for high-altitude flight, reaching approximately 22,000 feet.

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