Tactical Air Defense Services to Acquire Sudamin A&D S.A.

CARSON CITY, Nev., July 19 /PRNewswire-FirstCall/ -- Tactical Air Defense Services, Inc. (OTC Bulletin Board: TADF), an Aerospace/Defense Services contractor that offers air-combat training, aerial refueling, aircraft maintenance, disaster relief services, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it has signed a Memorandum Of Understanding (the "MOU") to acquire Sudamin A&D S.A. ("Sudamin"), a Colombian defense services contractor.

Sudamin, a Colombian defense services contractor that has successfully provided defense related services and equipment to the Colombian Armed Forces for over 10 years, has successfully partnered with well-known aircraft and defense equipment manufacturers to offer a comprehensive menu of military equipment and services to the Colombian Armed Forces, including but not limited to:

1.  Land, naval, and air armament systems.
2.  Air defense systems and radars.
3.  Optronics and electro-optical equipment.
4.  Tactical and satellite communication systems.
5.  Unmanned aircraft vehicles ("UAV's").
6.  Manufacturing and integration of electronic countermeasures.
7.  Military vehicles for land transport.
8.  Uniforms and personal equipment material.
9.  Digital Video Recorders for air, sea, and land vehicles.

Sudamin, in partnership with a U.S. manufacturer of military aircraft, and with the Colombian Air Force, is currently in the process of executing a long-term contract to manufacture single-engine aircraft in Colombia, in excess of $6 million. In addition, Sudamin is the exclusive representative of the military vehicle manufacturer AM General Humvee (www.amgeneral.com ) whose sales in Colombia through Sudamin are expected to be in the millions of dollars for 2010.  Sudamin is also the exclusive representative of the Brazilian aircraft manufacturer's Embraer (www.embraer.com) Super Tucano-314 military aircraft for Colombia.  In conjunction with a French defense equipment manufacturer, Sudamin was awarded a contract to improve the electronic counter measures ("ECM") for Colombia's Presidential Aircraft. In the aggregate, Sudamin's total contract awards for 2010 currently exceed $20 million.

Under the terms of the MOU, TADF shall acquire 100% of the outstanding stock of Sudamin, and Sudamin shall become a wholly owned subsidiary of TADF.  Upon Closing of the Transaction, Sudamin shareholders shall receive a number of shares to-be-determined subject to further mutual due-diligence execution of definitive agreements.  

Alexis C. Korybut, Chief Executive Officer of TADF, stated,  "The proposed Sudamin acquisition is an important strategic decision by TADF to further expand its presence in Latin America and specifically within Colombia.  Colombia is an important ally of the U.S. and its requirements for defense related services are significant and growing.  We believe that the acquisition of Sudamin, a very successful Colombian defense services contractor with established relationships within the Colombian military and government, can establish TADF as the preferred supplier to the Colombian Armed Forces for many years to come.

Further information about TADS is available on our website: www.tads-usa.com.

Further information about Sudamin is available on their website: www.sudaminad.com.

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.      

SOURCE Tactical Air Defense Services, Inc.