July 22, 2003
For Immediate Release:
MOLLER INTERNATIONAL NAMES FERN PENNA TO BOARD OF ADVISORS
Davis, CA 22 July 2003—Moller International (OTC: MLER) has named Fern Penna, 2004 Democratic Presidential candidate from New York, to its Board of Advisors. Mr. Penna will provide the Company with advice on how to prepare for the transition from its current research and development focus to one that is production oriented. Mr. Penna’s interest and enthusiasm for innovative solutions to the nation’s transportation issues lead him to Moller International and the invitation to join forces with the Company. Mr. Penna stated “I would like to thank you for the opportunity to become a member of the Board of Advisors of a great company that will lead America into the future.” Mr. Penna continued, “I am honored to receive the endorsement of Dr. Paul Moller who understands my vision for America as I understand the potential of the Skycar®.”
In a letter dated 21 July 2003 to Mr. Penna, Paul Moller wrote, ”The Skycar® is a revolutionary concept in personal travel, and I believe that someone with your [Mr. Penna’s] vision has the potential to help move the project from the present prototype stage into full production and implementation.”
As the only candidate bringing full attention to the transportation problem facing America today, including congestion, pollution, bad driving habits and the poor condition of the national and regional road systems in general, Mr. Penna is also the only candidate who is resolved to keep America the world leader in technology and scientific research. “As a presidential candidate, I will bring national and international attention to Moller International and the Skycar®. As President, I can assure you that personal and public transportation will change in our country. Funding will go to those scientific projects that will better Americans lives,” Mr. Penna stated.
Mr. Penna will be visiting Moller International’s offices at 1222 Research Park Drive, Davis CA on Saturday, 16 August 2003 to formally accept nomination to the Moller International Board of Advisors. The M400 Skycar® prototype and other unique vehicles developed by Dr. Moller will be on display afterward. Shareholders and the public are invited to attend the ceremony and view the displays starting at 4:00 PM and continuing until 6:00 PM. Mr. Penna and his staff will be available to answer questions.
