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Valmie (VMRI) Commends Lawmakers, Stakeholders for Pushing Finalization of FAA Commercial Drone Rules

HOUSTON, TX / ACCESSWIRE / June 25, 2015 / Gerald B. Hammack, President of Valmie Resources Inc. (OTCMKTS: VMRI) today commended lawmakers and stakeholders for exerting pressure on the Federal Aviation Administration (FAA) to accelerate finalization of rules for commercial drone operations. In recent testimony before the U.S. House of Representatives Oversight and Government Reform Committee, a senior FAA official said “The rule will be in place within a year. .Hopefully before June 17, 2016.”

“The shortened timetable for final rules follows a series of actions by the FAA to accommodate commercial drone operations and we commend the lawmakers and stakeholders who have worked to encourage the agency to accelerate this process,” said Hammack. “Unmanned systems have the capacity to transform the economy and unfortunately the U.S. is losing billions in potential revenues while waiting for federal rules. We are encouraged that the agency has responded to the flood of requests in a positive manner.”

Participants in the congressional committee hearing included a senior Amazon executive, who told lawmakers that the e-commerce giant was preparing to begin delivering packages to customers using drones once cleared by the final FAA regulations, a service that is expected to revolutionize package delivery in the U.S.

In the interim, the FAA has streamlined its process for exempting companies for commercial drone operations and now is allowing up to 50 companies a week to incorporate UAV‘s into their businesses.

“We are in the process of completing our FAA exemption package while the agency continues to work towards large scale commercial UAV use. Drones will drastically change the pace around so many industries, and leading edge companies are moving forward and gearing up for it now.”

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: 430117

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