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CargoLifter AG i.I.

CargoLifter: CL 75 AC Open Air Premiere
Transportation balloon leaves the CargoLifter hangar in Briesen-Brand for the first time

Berlin/Brand, Germany (ots)

CargoLifter AG has entered a new
chapter in the history of its "Lighter-than-Air" technology: the CL
75 AC has been taken out of the hangar for the first time. On the
morning of October 12, 2001, at about 7:30, the 61-meter-diameter
balloon -  floating at a height of about 15 meters - was pulled by
mobile cranes for one kilometer to the neighboring airfield where it
was anchored.
"Today's success is the first practical proof that we can move
systems such as the CL 75 AC and the planned CL 160 airship outside
of the hangar as expected," says Dr. Carl von Gablenz, CEO of
CargoLifter AG. "This has never happened before in these dimensions.
The largest aircraft in existence has been moved outside of the
hangar for the first time - a genuine milestone in the practical
development of the CargoLifter technology." Beginning in the
2002/2003 financial year, the CL 75 AC will be ready to commercially
transport loads weighing up to 75 tons. The logistics company will
take in its first revenues  - even before completion of its main
product, the CargoLifter CL 160 transportation airship.
After tests of the ballast exchange procedure were successfully
carried out last week, the CL 75 AC - fitted with all technical
systems - left the hangar exactly as predicted in computer
simulations. After this first outdoor trial, the transportation
balloon was pulled back inside the hangar.
In the coming weeks the CL 75 AC will be subjected to further testing
outdoors - on its behavior in the open air as well as on the
functionality of the ballast exchange procedure. This will provide
valuable data which will be used in production of the CargoLifter CL
160. Glenn Beach, CL 75 AC project manager and Vice President of the
US subsidiary CargoLifter, Inc., in Raleigh, North Carolina spoke
about the results obtained and those that can be expected: "The
exceptionally stable behavior of the CL 75 AC outside of the hangar
is a confirmation for further development of our "Lighter-than-Air"
transportation aircraft and for its practical operation. Many
elements of the technical equipment that we're currently testing with
the CL 75 AC already correspond to the systems that will be used on
the CL 160. Successfully taking the balloon out of the hangar is a
great step towards the realization of our "Lighter-than-Air"
technology."
CargoLifter AG, based in Berlin, is developing a 260-meter-long
and 65-meter-wide airship for the transport of oversized and heavy
goods weighing up to 160 metric tons - the CargoLifter CL 160. This
"flying crane" will be able to carry out expensive heavy transports
faster, more simply and more cost efficiently - without ever touching
the ground and almost entirely independent from the local
infrastructure. To develop to the airship in a market-oriented way,
CargoLifter is already today cooperating with various industrial
companies within the framework of its Lead-User concept. Since May
2000, the company's shares have been listed on the Frankfurt Stock
Exchange(WKN 540 261, symbol: CLA). Since December 2000 it has been
in the MDAX index.
Currently, the CargoLifter company employs 469 people, about 255
of which are working on airship development at the dock in
Briesen-Brand, near Berlin in the state of Brandenburg. At the
moment, Brand is the company's pivotal location. At the end of 2000
the production hangar for the CL 160 was completed. 107 meters high,
210 meters wide and 360 meters long, it is the world's largest
free-standing hangar. CargoLifter has built the CargoLifter World
theme park, allowing the interested public to follow the company's
development. It has been immensely popular since its opening in June
2000.

Contact:

Silke Rösser
CargoLifter AG
Potsdamer Platz 10
10785 Berlin
Tel.: +49 (0) 30 7261039-2124
Fax: +49 (0) 35477- 6500-2124
email: silke.roesser@cargolifter.com

Marion Jüstel
Publicis Public Relations
Chausseestraße 8
10115 Berlin
Tel.: +49 (0) 30 820 82-509
Fax: +49 (0) 30 820 82-111
email: marion.juestel@publicis-berlin.de

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