MRO Magazine

Valmie Resources’ (VMRI) AeroLift eXpress in Dialog with Major Oil Company Contractor


May 17, 2016
By Business Wire News

HOUSTON

Valmie Resources Inc. (VMRI) announced its joint venture partner, AeroLift eXpress, is in dialog with a major Latin American energy company’s prime contractor regarding daily, unmanned offshore transport. The contractor represents large providers throughout Latin America and desires to add AeroLift to its portfolio.

AeroLift eXpress is an elite unmanned aerial transport service that uses military grade vehicles and systems, operated by former U.S. military pilots. Since its debut at the Offshore Technology Conference in Houston, several companies have demonstrated interest in collaborating with AeroLift to support offshore deliveries and to provide other unmanned aerial services.

According to worldwide management consulting firm McKinsey & Company, returns on capital in the oil and gas sector have halved since 2007, triggering a stronger need for curbing costs than ever before.

“We are pleased to offer this one-of-a kind delivery service to offshore operators as a way of reducing costs and lowering the risks associated with transporting payloads in challenging environments,” said Gerald B. Hammack, President and CEO of Valmie Resources.

“AeroLift’s economical transport platform is a practical alternative over high priced helicopter or marine delivery,” said James Stafford, AeroLift eXpress CEO and Founder. “Our drone technology can successfully operate in any conditions where a helicopter can fly, at a fraction of the cost and no risk to human life.”

AeroLift eXpress has the capability to deliver a sizeable payload of up to 14 pounds within an operating radius of 250 miles, with plans to increase the payload size to as much as 80 pounds in subsequent development phases.

About Valmie Resources Inc. (OTCBB:VMRI)

Valmie Resources is a U.S. company actively pursuing opportunities for the commercialization of leading edge products and services in the rapidly expanding technology industry. Valmie brings operating talent, tools, and leadership to emerging companies, promoting industry awareness and developing economically sustainable partnerships while increasing shareholder value.

Valmie has received a Section 333 Exemption from the Federal Aviation Administration (FAA) to perform commercial drone activities within the U.S. National Airspace System. With professional grade equipment and pilots, Valmie intends to use the exemption to commercially operate unmanned aerial systems for agricultural applications, search and rescue operations, power line and pipeline inspections, infrastructure surveying, and imaging.

For details visit http://valmie.com.

About AeroLift eXpress

AeroLift eXpress is a joint venture with Valmie Resources, Inc. that offers increased productivity, lower operating costs and reduced risk by providing elite unmanned aerial transport to the world’s most inaccessible locations.

AeroLift eXpress is led by a team of military trained pilots, mission commanders and specialists with more than 60 years of combined aviation experience during successful military campaigns. AeroLift’s aircraft are military grade construction adapted for commercial applications. Together with state of the art ground control stations and flight control software, AeroLift’s platform has been demonstrated during more than 100,000 flight hours in wartime conditions.

For details visit http://www.aeroliftexpress.com

Forward-Looking Statements

Certain information provided in this press release constitutes forward-looking statements. The words “anticipate”, “expect”, “project”, “estimate”, “forecast” and similar expressions are intended to identify such forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. You can find a discussion of those risks and uncertainties in our EDGAR securities filings with the Securities and Exchange Commission. Such factors include, but are not limited to: general economic, market and business conditions; fluctuations in the technology market; the results of product development and the result of our efforts to develop strategic relationships, partnerships and potential acquisitions that are in line with our business model; outcome of partnership negotiations; the uncertainty of market estimates; changes in environmental and other regulations; risks associated with retail operations; and other factors, many of which are beyond the control of the Company. There is no representation by Valmie Resources that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Except as may be required by applicable securities laws, Valmie Resources assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.

Valmie Resources, Inc.
Gerald B. Hammack, 713-595-6675
President and CEO
info@valmie.com