Aero Precision and Euravia announce an agreement to market PT6A/T engine repair and maintenance services

MANCHESTER, ENGLAND--(Marketwired- Nov 19, 2013) - Editors Note: There is a photo accompanying this press release.

Aero Precision, a Greenwich AeroGroup company, announced today an agreement to market Euravia's P&WC PT6A and PT6T MRO services.

In October, Greenwich previously announced that they had entered into a partnership agreement to provide Maintenance, Repair and Overhaul (MRO) services for Pratt & Whitney's PT6A and PT6T engines on fixed and rotor wing aircraft in the United States through Greenwich's MRO facilities, which include Atlantic Aero, Summit Aviation and Western Aircraft.

"We are very excited about this new partnership with Euravia, which is one of the leading P&WC PT6A and PT6T MRO service providers in the world," said Director of Sales for Aero Precision Pavel Slavin. "Euravia's unique approach to cost-effective repair and overhaul and their customized preventative maintenance programs will help our customers to increase the reliability of their engines and decrease long-term cost of ownership. We see this new venture as an ideal addition to complement our portfolio of logistics support products and services."

"Aero Precision has an established and long-standing record of delivering high quality aerospace products and services to the international military aftermarket," said Euravia Managing Director Dennis Mendoros. "We believe this new partnership is a perfect fit in the provision of Euravia's services to PT6 engine military end users. We look forward to working together to open up new market segments and deliver new growth to both our businesses."

Euravia has a proven Integrated Quality System (IQS™) fully compliant with ISO 9001:2008, AS9100, EASA Part145 & FAA FAR 145 requirements and specifies procedures for repair and overhaul, design and development, manufacturing and production of a wide range of aerospace and military equipment. Euravia's IQS™ also meets all of the requirements of AQAP 1, with supplementary requirements from DEF STAN 05-91/1 retaining compliance with NATO and MoD UK Quality Systems. Euravia's Quality System is also approved by MoD UK for Design & Post Design Services and Euravia is an approved NATO manufacturer.

About Euravia Engineering

Euravia is a modern, independent aviation company offering high quality, cost effective maintenance, repair and overhaul services for a wide range of gas turbines - including P&WC PT6A and PT6T engines, Honeywell, Hamilton Sundstrand and Goodrich APUs, plus various engine and airframe components and accessories. Euravia operates from three modern facilities in Kelbrook, Lancashire, England, which cater for all aeronautical engine maintenance, repair, overhaul, test and component rework requirements, including fully computerized engine performance testing and dynamic balancing. For more information about Euravia, visitwww.euravia.aero.

About Aero Precision

Aero Precision is a leader in aerospace distribution and services and a premier worldwide stocking distributor of aircraft OEM parts. With 20 years of reliability, quality products and customer service, Aero Precision facilitates the purchasing process by sourcing all military aircraft parts requirements under its unique logistic support model. Aero Precision has sole stocking distribution agreements with Honeywell, UTAS (Hamilton Sundstrand), Crane Aerospace, Texstars, CEF, Woodward, Parker, Circor, EATON, Marvin Test Solutions, ViaSat, Zodiac Aerospace and other strategic OEM partners for various product lines and supports 60+ countries worldwide. News and information is available atwww.aeroprecision.com.

About Greenwich AeroGroup

Greenwich AeroGroup, Inc., owns and operates providers of general, commercial, government and military aviation services including: maintenance, avionics and interior refurbishments; fixed base operations; aircraft sales, charter and management; manufacturing and engineering; component repair and overhaul; parts distribution and financial services. Current locations include: Atlantic Aero, Inc., located at Piedmont-Triad International Airport in Greensboro, N.C.; Western Aircraft, Inc., located at Gowen Field in Boise, Idaho; Summit Aviation, Inc., located at Summit Airport in Middletown, Del.; DAC International, Inc., located in Austin, Texas; Matrix Aviation, Inc., located in Wichita, Kan.; Professional Aviation Associates, Inc., located in Atlanta, Ga. Professional Aircraft Accessories, Inc., located in Titusville, Fla.; Aero Precision Industries, located in Livermore, Calif.; NASAM, Inc., located in San Francisco, Calif. and GCCUS Inc., located in Aptos, Calif. Additionally, Greenwich AeroGroup owns an interest in Helivia Aero Taxi, located in Rio de Janeiro. News and information is available atwww.greenwichaerogroup.com.

To view the photo accompanying this press release, please visit the following link:

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Contact Information

Contacts:

Euravia

Ryan McNulty

Corporate Communications

+44 1282 844480

+44 1282 844274 (FAX)

[email protected]

www.euravia.aero