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Valmie Resources (VMRI) CEO Supports Legislative Push Toward Freer Domestic Skies for Drones

DENVER, CO / ACCESSWIRE / February 25, 2015 / Valmie Resources' (VMRI) President and CEO Gerald B Hammack spoke out today encouraging lawmakers to continue urging the Federal Aviation Administration (FAA) to ease restrictions on commercial drones in U.S. skies.

Preparing to enter international markets, Valmie is in the final stages of development of an advanced unmanned aerial vehicle (UAV) prototype and plans to collaborate with a Mexican company to supply drones for its crop monitoring operations in Central and South America.

"A prolonged regulatory environment could drive the UAV industry out of the U.S.," said Hammack. "We appreciate the efforts of the lawmakers who are advocating a freer approach to the use of commercial unmanned aircraft and the ability for U.S. companies and organizations to innovate and perform research and development without a crushing amount of restrictions."

Sen. Cory Booker, D-N.J. and Sen. Chuck Schumer, D-N.Y. separately have criticized the agency for its restrictive rules on the use of commercial unmanned aerial vehicles (UAV's) and how these regulations could limit innovation and business opportunities in the sector.

"The United States cannot afford to lag behind other countries in technological innovation because of regulatory foot-dragging," said Sen. Booker, referring to the proposed FAA regulations.

"We encourage more lawmakers to recognize the tremendous benefits and economic impact UAV's can offer and to advocate for less restrictions on this valuable technology," said Hammack. "From saving lives through search-and-rescue efforts, more precise inspections of roads, bridges, rail lines and pipelines to the enormous value UAV's will generate in the agriculture space, drones stand to bring an improved quality of life to the citizens of our country."

The FAA's proposed rules, announced this month, require that drone flights within the U.S. remain below 500 feet and that all flights must be conducted during daylight hours by government-certified operators who keep the devices within their line of sight. The craft must fly at speeds slower than 100 mph, be lighter than 55 pounds and must not fly over people unaware of their use.

About Valmie Resources (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.


Valmie Resources, Inc.
Gerald B. Hammack, President and CEO

SOURCE: Valmie Resources, Inc.