Quasar Aerospace Industries, Inc. CEO Dean Completes Personal Purchases and Resumes Company's Buy Back Program of

JACKSONVILLE, FL, Nov 02 (MARKET WIRE) --
Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)

Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., has notified
the company that he has completed his purchase of $50,000 of Quasar
Aerospace Industries shares. This purchase was in compliance with SEC Rule
10b-18 and the shares become restricted under Rule 144.

The Company will now resume its Buy Back Program, and the Board of
Directors has authorized the officers to repurchase up to 20% of the total
outstanding shares. It has approved the repurchase of up to $250,000 worth
of stock for the first two weeks of November. These shares will be retired
to Treasury Stock and reduce the number of outstanding shares of the
company.

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 Quasar Aerospace Industries, Inc. under take no obligation to update
such statements.

Contact:
Quasar Aerospace Industries, Inc.
Qasp-Info@equititrend.com
1-585-6988

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