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Valmie (VMRI) Moves Forward with Search and Rescue Collaboration, Prepares for Deployment

HOUSTON, TX / ACCESSWIRE / June 17, 2015 / Valmie Resources Inc. (OTCMKTS: VMRI) has begun talks with the drone program director of a prominent search and rescue (SAR) organization regarding hardware expectations in preparation for developing and deploying its V-1 Drone for SAR missions.

The two entities are exploring the features that will allow the V-1 Drone to be advantageous for SAR operations, such as maximum battery life. Camera, searchlight and inclement weather are a drain on a drone’s already limited battery life and shorten its time in the air.

Valmie signed a Memorandum of Understanding (MOU) last month with this organization for the purpose of working with the group to adopt Valmie’s drone technology for humanitarian applications and is now working out the details of the collaboration. To that end, both organizations are preparing their respective exemption requests under Section 333 of the Federal Aviation Administration (FAA) Modernization and Reform Act of 2012, which allows civil operation of unmanned aerial systems (UAS).

“The FAA has already begun approving small drones to conduct crisis response services. We expect them to continue to loosen their restrictions going forward as the industry demonstrates that small UAS can be operated safely in urban environments and provide great economic and humanitarian benefits,” said Gerald B. Hammack, President and CEO of Valmie. “We are very encouraged about the enormous potential of drones for search and recovery and about our coming ability to support communities during times of need.”

Through this collaboration, Valmie joins the unmanned aerial vehicle (UAV) community already on board to help SAR organizations worldwide. UAV’s are supporting SAR efforts in critical missions from finding a lost child to locating victims during earthquake recovery operations. A drone hobbyist in California who was instrumental in finding a missing senior last year is building a worldwide search and rescue support group of drone pilots called Search with Aerial Multirotor or SWARM. The network, today more than 1,100 pilots strong, is now in nearly 50 countries.

About Valmie Resources (OTCMKTS: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 seeks concepts with valid business models positioned to make a significant impact within the four key “megasectors” of technology: software, hardware, networking and semiconductors. Valmie brings operating talent, tools and leadership to emerging companies in these sectors, promoting industry awareness and developing economically sustainable partnerships while increasing shareholder value.

For further information visit http://valmie.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.

Contact

Valmie Resources, Inc.
Gerald B. Hammack, President and CEO
713-595-6675

SOURCE:
Valmie Resources, Inc.

ReleaseID: 429889

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