Mundus Group Announces Update on Closing of Acquisition of AirStar International,...

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Tue Jun 16, 2009 7:56pm EDT

Mundus Group Announces Update on Closing of Acquisition of AirStar
International, Company Plans to Become Fully Reporting

LAS VEGAS, June 16 /PRNewswire-FirstCall/ -- Mundus Group, Inc. (Pink Sheets:
MNDP), a VTOL UAV technology provider, announces a positive update on acquired
company, AirStar International, worldwide leader in remote controlled VTOL UAV
camera copters for surveillance, aerial photography and aerial delivery
systems for environmental compliance, and UAV drones as a ducted fan UAV
(Unmanned Air Vehicle). 

CEO of Mundus Group, Josef Obermeier, commented, "Mundus Corp is pleased to
announce that the acquiring of  AirStar International, Inc. has entered into
the contractual stage. Both parties have signed the letter of intent and the
funds have been secured. The signing of the contracts will finalize the
acquisition and will allow us to complete another step in becoming a full
reporting company, which in turn will enable us to archive our goal of trading
on a larger exchange."

About AirStar: AirStar International, Inc. (AirStar) began in 1988 with the
design and manufacturing of cutting edge remote controlled unmanned air
vehicles (UAVs) and helicopters for international government and civilian
surveillance services, US military, US Navy, US Army and Northrop Grumman,
fire and rescue departments, as well as aerial photography and laboratory /
product data testing. AirStar's amazing aerial photography achieved world
notoriety in Hollywood's Movie industry with Schwarzenegger and George Lucas
productions, which grew into UAV aerial surveillance systems for government
agencies and UAV aerial delivery systems for Environmental Protection Agency
compliance.

About Mundus Group:

Mundus is a growing diversified holding company comprised of subsidiaries
within complementary industry segments. From State of the Art, Remote
Controlled Unmanned UAV Air Vehicles for aerial camera movie production and
environmental testing to advanced VTOL aerospace technology for civilian and
military uses, Mundus Group, Inc. is developing broad product and service
offerings to provide economic protection and growth opportunities for
investors. At its core the Mundus Group is an aerospace Technologies
Consortium providing patented UAV VTOL technology fusing Computer assisted
auto flight and composite technologies.

This press release contains statements, which may constitute 'forward-looking
statements' within the meaning of the Securities Act of 1933 and the
Securities Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act of 1995. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, and that actual results may differ materially
from those contemplated by such forward-looking statements. Important factors
currently known to management that could cause actual results to differ
materially from those in forward-statements include fluctuation of operating
results, the ability to compete successfully and the ability to complete
before-mentioned transactions. The company undertakes no obligation to update
or revise forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating results.

        Mundus Group, Inc.
        Josef Obermeier, President
        Phone: 1-805-416-5030
        info@mundusgroupinc.com
        www.mundusgroupinc.com




SOURCE  Mundus Group, Inc.

Josef Obermeier, President of Mundus Group, Inc., +1-805-416-5030,
info@mundusgroupinc.com
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