Friday, May 2, 2008

SpaceDev Announces Timing of First Quarter 2008 Earnings Release and Conference Call

Thursday May 1, 7:26 pm ET

POWAY, CA--(MARKET WIRE)--May 1, 2008 -- SpaceDev, Inc. (OTC BB: SPDV.OB) will host a conference call to discuss its first quarter 2008 financial results on Monday, May 12, 2008, at 11:00 a.m. EDT. The Company expects to file its first quarter Form 10-Q with the Securities and Exchange Commission on Friday, May 9, 2008 and issue a related press release on its financial results on Monday, May 12, 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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