Argus

KENNEDY SPACE CENTER, FL -- (MARKET WIRE) -- 02/09/12 -- World Surveillance Group Inc. (OTCBB: WSGI), a developer of lighter-than-air unmanned aerial vehicles (UAVs) and related technologies, today issued a letter to its shareholders from the Company's Chairman Michael K. Clark and President and CEO Glenn D. Estrella. The letter sets forth certain strategic goals and objectives of the Company for 2012 following the recently closed $5.5 million institutional investment in the Company and the Argus One UAV flight exercises in Nevada. Dear Fellow Shareholders, On behalf of ourselves, the entire management team and our Board of Directors, we would like to thank each of you for your continued support and confidence in the Company. We want to take this opportunity, following the first institutional financing of World Surveillance Group Inc., to share with you not only our general enthusiasm for the upcoming year but also certain more specific goals ...