Quasar Aerospace Industries, Inc. Announces Its New Trading Symbol

JACKSONVILLE, FL, Jun 16 (MARKET WIRE) --
Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP) (formerly) Equus
Resources, Inc. (PINKSHEETS: EQUR).

Quasar Aerospace Industries, Inc. is pleased to announce completion of its
name change and the assignment of the new trading symbol by FINRA. This
was done as the new name and symbol more accurately reflect Quasar
Aerospace's business.

Tomorrow we will be updating the investment community on our continued
plans for expansion. The Chief Executive Officer, Dean Bradley, said that
the name and symbol change is an important component for our growing
aerospace conglomerate. We will be updating our shareholders very shortly
as we are working diligently towards another major acquisition.

This press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. You
are cautioned that such statements are subject to a multitude of risks
and uncertainties that could cause future circumstances, events, or
results to differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks. You should
consider these factors in evaluating the forward-looking statements
included herein, and not place undue reliance on such statements. The
forward-looking statements in this release are made as of the date hereof
and Equus Resources, Inc. and Quasar Aerospace Industries, Inc. under
take no obligation to update such statements

Contacts:
Dean Bradley
904-612-8485
deanbrad@bellsouth.net

Scott Martin
770-521-9410
scott.martin@jpccapital.com

Copyright 2009, Market Wire, All rights reserved.

-0-