DAVIS, Calif.--(BUSINESS WIRE)--Moller International (The “Company”) (OTCBB: MLER - News) announced today that it has entered into an agreement to share its Aerobot™ vertical take off and landing (VTOL) control technologies with Future Toys Design, Limited of Hong Kong; more commonly known by its distribution arm, Cyberking Toys.

The agreement provides the toy manufacturer with on-going technical support to assist with the design and development of its line of small VTOL enabled flying aircraft-like toys in exchange for royalties on sales of these toys. Furthermore, the Company has provided Cyberking with a license to use its trademarked name, Aerobot, in the labeling of its products.

The Cyberking Aerobot™ is a small, palm-sized, battery operated, remotely controlled aircraft that nearly anyone can quickly learn to fly and safely control. The propeller is embedded within the body of the aircraft shielding both the user and objects around it. Capable of three-dimensional flight, this unique aircraft is able to climb and descend, turn left or right, go forward or backward, all using a single propeller and the applied Aerobot™ technology. This is a totally new platform technology and completely unique in the toy industry.

“One long-term goal of the Company is to reduce the cost of the control technology used in our Aerobot™, Skycar®, and Neuera products. I can’t think of a better way to do this than to get similar electronics and software into mass production and into Cyberking’s scale model VTOL aircraft,” said Dr. Paul Moller, President of Moller International. “We hope to do the same thing with our Rotapower® engine in the near future... get it produced in high volume and integrated into lots of different products.”

About Moller International

Moller International (www.moller.com) was formed in 1983 and is the developer of the roadable four-person Skycar^® and two-person Neuera aircraft. Both aircraft have demonstrated their ability to takeoff and land vertically by using the Company’s Rotapower^® rotary engine designed specifically for compact, high power-to-weight applications. Management believes that the Skycar^® has the potential to provide an airborne alternative to a significant portion of the miles now traveled by automobiles while the Neuera is a utility and recreational vehicle capable of being legally operated without a pilot’s license. The Aerobot ™ is the name applied to the Company’s line of customizable unmanned aerial vehicles (UAV) with payloads from 2 to 600 pounds.

The Skycar^® and Neuera have been featured on a number of TV programs including CBS 60 Minutes, “Highway In the Sky,” NBC’s Today Show “Today's American Story," History Channel’s, “Greatest Movie Gadgets: Then and Now” and numerous times on the Discovery Channel.