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Valmie (VMRI) Retains Praxis Aerospace Concepts International

Jan 11, 2017

OTC Disclosure & News Service


Valmie Resources Inc. (OTCBB: VMRI) is pleased to announce it has retained Praxis Aerospace Concepts International (PACI) to provide leading edge technical services and expertise. PACI will support Valmie with services such as the development, evaluation and integration of unmanned aircraft systems (UAS) operating standards, capabilities, technologies, and procedures.

PACI is a Southern Nevada-based consultancy offering a unique mix of proprietary technology and domain expertise. The firm specializes in white label services, and provides unmanned systems and autonomous technology testing for various universities and corporations. PACI delivers high quality services for Federal Aviation Administration (FAA) UAS test sites such as the Eldorado Droneport in Boulder City, Nevada, and the New York UAS Test Site at Griffiss International Airport.

“PACI brings a significant background of industry achievements and capabilities to Valmie. Our relationship with PACI and its eminent president, Jonathan Daniels, is expected to significantly accelerate our timetable toward commercialization, continue to advance the industry, and contribute to company growth,” said Gerald B. Hammack, President and CEO of Valmie.

“The future of unmanned systems is very bright and expected to improve the quality of human life,” said Daniels. “For this reason, PACI endeavors to work with entities that intend to use UAS domestically and internationally. We expect a great relationship with Valmie because of their dedication and commitment to the industry.”

The PACI assignment comes on the heels of Valmie’s order of five multi-rotor fixed-wing Transition BASE Systems from ALTI UAS, a leading UAS developer. Valmie will add the innovative hybrid systems to its existing product line. The five next-generation commercial aircraft will have the ability to take off and land vertically, practically anywhere.

About Praxis Aerospace Concepts International (PACI)

Founded in 2011, PACI’s mission is to develop practical solutions for multi-modal (ground-air-sea-industrial) robotics and unmanned systems (UxS) using a mix of proprietary technology, unique team domain expertise, and partnerships. PACI develops and operates laboratory and field facilities for autonomous systems research. The company currently serves numerous clients with military, public and civil robotics/unmanned systems across the globe.

For more information about Praxis Aerospace Concepts International, visit its website at www.praxisaerospace.com.

About Valmie Resources (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 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.

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