SNSR Sanwire Corp

[RAZOR11]

I got alerted on SNSR yesterday. Trading this morning in the green and with some strong volume coming in. This one has the possiblity of explodeing. Imo with the new C.E.O and his military background he is going to be bringing in some awesome contracts with all branches of military. Sanwire is a developer of integrated aerospace communications products and services. I expect to see some big things from this company in the near future. Were at a great time to take a position in this one. Do some dd on this one and check out there videos on youtube Heres the news for you..

AVENTURA, FL--(Marketwire - 06/24/10) - Sanswire Corp. (OTC.BB:SNSR - News), a developer and producer of unmanned aerial vehicles (UAVs) and related technologies, has appointed Michael K. Clark as its Chairman of the Board and Glenn Estrella as its new Chief Executive Officer and Chief Financial Officer. Major General Wayne P. Jackson (US Army, Ret.) remains a member of the board. Thomas Seifert has resigned as Chief Financial Officer.

Mr. Clark, age 53, is formerly the President of the Institutional Products Group at Fidelity Investments, following being CEO of JPMorgan Chase's Worldwide Security Services where he managed more than $15 trillion in assets and 25,000 employees in 26 countries. A Marine Corps veteran, Mr. Clark holds a Bachelors of Science from the Maritime College of the State University of New York and his MBA from New York University. He served as Chairman of Chase Bank of Pennsylvania, Chase Mellon Shareholder Services, and on the boards of Chase Bank of Delaware and Chase MDSass Partners. Mr. Clark was also a member of the executive committees of JPMorgan Chase and of Fidelity Investments.

Major General Wayne P. Jackson said, "I am excited that executives of the caliber of Mr. Clark and Mr. Estrella are coming to work with us at Sanswire. We have successfully developed our lighter-than-air unmanned aerial vehicles, and look forward to the experience they bring with regard to product development, finance, corporate structure and governance. Mike Clark has a depth of understanding in these areas and the leadership skills that will serve our stockholders and customers well."

Mr. Clark commented, "I would like to thank General Jackson for his leadership of Sanswire. Under his stewardship, the Company started the transition from a development company to a commercial enterprise. It will be my mission to finish that process and bring Sanswire to its full potential. My experience developed during the last two decades will enable me to accomplish that quickly and effectively.

Mr. Estrella, age 47, held senior posts in product development, mergers and acquisitions, financial management and was most recently at Fidelity Investments as Chief Administrative Officer and Senior Vice President of the Institutional Products Group. Prior to Fidelity he worked at JPMorgan Chase as Global Head of Client Service and Managing Director of the Clearance and Agency Company. Before that he was Chairman and CEO at JPMorgan Systems and Services Technology, and Head of Latin America and Australia Trust Company / Senior Vice President. At Chase Manhattan Bank, he was Head of Integration Management / Senior Vice President and prior to that Global Head of Product Management / Strategy for Corporate Trust Division among other positions. An alumnus of Harvard University, Mr. Estrella additionally has degrees from Pace University and Ocean County College.

Mr. Estrella stated, "Mike Clark and I have produced results for each other for over 14 years. We have joined Sanswire with the express purpose of bringing its patented UAV technology to production with the potential of improving the war fighter's capabilities in the field and the security of our borders at home."

Mr. Clark concluded, "Glenn and I are executing a strategy that leverages our technology and relationships. We believe that Sanswire has an exciting future, and we anticipate updating the shareholders on our progress as we move forward."