Universal announces Private Placement

UNIVERSAL WING TECHNOLOGIES INC.

Suite 1818 – 701 West Georgia Street, P.O. Box 10144 Vancouver, British Columbia V7Y 1C6 Tel: 604-689-1799 Fax: 604-689-8199

February 4, 2011 TSX Venture: UAV

Universal announces Private Placement

Universal Wing Technologies Inc. (the “Company”) is pleased to announce a private placement of up to $500,000 or 5,000,000 units, subject to the approval of the TSX Venture Exchange.

The units will be non flow-through units at a price of $0.10 per unit with each non flow-through unit consisting of one common share and one share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of two years at a price of $0.15 per share.

A commission may be payable in either cash or securities in accordance with the policies of the TSX Venture Exchange Inc.

The proceeds of the private placement will be used for general working capital.

On behalf of the Board of Directors

Universal Wing Technologies Inc.

Per:

“Declan Sweeney”

Declan Sweeney CEO and Director

Forward Looking Statements

Certain statements in this press release are forward looking statements as defined by Canadian Securities rules. Forward looking statements in this press release include that we will close a private placement. This forward looking statement is subject to risk as investors may not participate as expected. The forward looking statement is based on current expression of agreement to invest. It is not our policy to update forward looking statements.

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release”.