Quasar Aerospace Industries, Inc. Mineseeker Update

   Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)

Dean Bradley, the CEO of Quasar Aerospace Industries, Inc., announces the following on behalf of Mineseeker Operations UK Ltd.:

Mineseeker Operations UK Ltd report on Croatia Landmine Symposium.

The Mineseeker Operations team has returned from the International Symposium Humanitarian Demining, Sibenek Republic of Croatia, after receiving a very positive response from the humanitarian demining industry.

The Mineseeker team presented its technology to the symposium delegates as a pre-curser to an industry demonstration in June, at two locations near Sibenek, on the Dalmatian coast.

Mike Kendrick, Chairman of Mineseeker operations UK Ltd, who attended the symposium has reported, "A great deal of interest in the technology." He added, "It seems to confirm what we already knew, -- that the industry is eagerly awaiting this development in technology." "We have now been asked to consider a specific demonstration for the United Nations and have been invited to enter discussions with a foreign Government and are currently making arrangements to visit their country."

An announcement regarding the progress on acquisition negotiations for Quasar Aerospace International to take a controlling interest will be made within two weeks.

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. [e-mail]