Wednesday, March 19, 2008

SpaceDev Announces Timing of Fiscal 2007 Earnings Release and Conference Call

Tuesday March 18, 11:00 am ET

POWAY, CA--(MARKET WIRE)--Mar 18, 2008 -- SpaceDev, Inc. (OTC BB: SPDV.OB) will host a conference call to discuss its 2007 financial results on Monday, March 31, 2008, at 11:30 a.m. EDT. The Company expects to file its annual report on Form 10-KSB with the Securities and Exchange Commission and issue a related press release on its financial results on Friday, March 28, 2008.

SpaceDev invites all those interested in hearing management's discussion of the quarter to join the call by dialing (866) 289-3234 and entering the PIN 8832 when prompted. A replay of the conference call will also be available for seven days through the investor relations section of SpaceDev's website, www.spacedev.com.

About SpaceDev

SpaceDev, Inc. is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions. For more information, visit www.spacedev.com.

For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com

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