Exhibit 99.1 Utilicraft - CapNet Sign $260 Million Investment Banking Engagement Agreement ----------------------------------------------------------------------------- ALBUQUERQUE, N.M., November 7, 2007 (Business Wire) -- Utilicraft Aerospace...Utilicraft Aerospace Industries, Inc. • November 13th, 2007 • Aircraft
ALBUQUERQUE, N.M., November 7, 2007 (Business Wire) -- Utilicraft Aerospace Industries, Inc. (OTC BB:UITA.OB) announced today that the company has entered into an Investment banking engagement agreement for a two year period with CapNet Securities Corporation ("CapNet") as its exclusive financial consultant, placement Agent and finder in connection with various financing strategies.
