FALLS CHURCH, Va., July 30 /PRNewswire-FirstCall/ -- E'Prime Aerospace Corporation (Pink Sheets: EPEO), a U.S. company with more than 2,000 shareholders, today announced the filing of its 2006 audited financial statements and an international news interview with "Satellite Finance." SEC Audit: On July 24, 2007, E'Prime Aerospace Corporation filed its 2006 audited financial statements with the SEC. In addition to its 2006 10KSB, E'Prime has also filed both the Q1 and Q2 2007 quarterly reports. With these actions, E'Prime is now current with its SEC filing requirements and is moving aggressively to complete necessary funding to support implementation of its business plan. "Over the past eleven months we have completed five years of audits plus the associated SEC filings. This has been a long and sometimes frustrating process both for management and our shareholders. We are now positioned to focus all our efforts on moving the Company towards a profitable future," E'Prime's CFO, Barry McFarland, stated. "Satellite Finance" Interview: On July 20, 2007 (Issue 104), E'Prime Aerospace Corporation, referred to as "E'Primed and Ready to Go," was the headline feature of "Satellite Finance," an international "news source on raising finance for telecoms, satellite, media and technology companies (http://www.satellitefinance.com/)." Interviewed by Editor Ed Ansell, E'Prime Aerospace Corporation's CFO, Barry McFarland, and E'Prime's VP of Government Relations, Darron Purifoy, participated in the interview discussing E'Prime's current status, its current and future business objectives and current and future financial plans (see article posted on http://www.eprimeaerospace.com/). "Global media recognition says we definitely are doing something right. I couldn't be more pleased with the interview outcome and look forward to working closely with 'Satellite Finance' in the future," stated CEO James D. Oldham, III. "Our thanks to Ed Ansell of 'Satellite Finance' for his 'E'Primed and ready to go' slogan for that mirrors our determination to proceed full steam ahead and offer our services to the satellite community, among others. It is quite exciting to be an integral part of this endeavor and with each achievement we bring the company closer to taking its place among the launch services of the world." About E'Prime Aerospace Corporation: Securing unique and proprietary technology derived from the Peacekeeper Missile System, E'Prime Aerospace Corporation obtains a leading industry position implementing the most accurate, efficient, reliable and cost effective launch programs available worldwide. E'Prime's larger Eagle S-III - Eagle S-VII launch vehicles will lift from 16,925-59,340 lbs. to LEO and from 5,415-19,780 lbs. to GEO. These vehicles will provide a reliable cost- competitive alternative to E'Prime's liquid fueled competitors for these heavier payloads. The Eagle S-VII should prove to be the most powerful launch vehicle in the world, with the capability of launching extremely heavy payloads, such as the International Space Station. E Prime Aerospace Inc., (Pink Sheets: EPEO) - Cautionary Note Regarding Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of the federal securities laws. Such statements are based on current expectations and involve a number of known and unknown risk and uncertainties that could cause E'Prime's future results, performance, or achievements to differ significantly from the results, performance, or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include: combination of additional debt and primary equity financing and to successful completion of the remaining research and development of its launch technology, determination and implementation of its overall marketing strategy and establishing a viable schedule for the testing and ultimate launchings of commercial payloads, as well as other factors that are discussed in E'Prime's filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and E'Prime undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. DATASOURCE: E'Prime Aerospace Corporation CONTACT: Healy Baumgardner, +1-202-441-4734, for E'Prime Aerospace Corporation Web site: http://www.eprimeaerospace.com/ http://www.satellitefinance.com/

Copyright