Columbia Named Exclusive Distributor in New England, New York, New Jersey And Pennsylvania

Columbia Aircraft Sales Inc., and Diamond Aircraft Industries, Inc. announced today that Diamond Aircraft has named Columbia as the exclusive distributor for Diamond aircraft in New England, New York, New Jersey and Pennsylvania.

Leading Maker of High-Tech Composite Aircraft Aims to Accelerate Growth Plans

ENGLEWOOD, Colo.--Aug. 22, 2006--Adam Aircraft, a leading designer and manufacturer of advanced carbon composite aircraft for the twin piston and very light jet (VLJ) markets, announced today it has completed a $93 million Series F funding round led by new investor DCM, a top-performing venture capital firm. Other new investors included Mesirow Financial, W Capital Partners, D.E.Shaw Laminar Portfolios, LLC (a member of the D.E.Shaw group of companies) and Acadia Woods Partners, which joined previous investors Goldman Sachs and Hunt Growth Capital in the round. A sizable portion of the new round was also received from various new European investors. The company plans to use its new capital to accelerate the certification of its A700 AdamJet and the production ramp-up of the FAA-certified A500 piston twin, recently featured in the "Miami Vice" motion picture with its signature twin boom, centerline design.

ABC Táxi Aéreo adds Phenom jets to its fleet

São José dos Campos, August 18, 2006 – Embraer today announced the sale of one Phenom 100 and one Phenom 300 jet to ABC Táxi Aéreo, a subsidiary of the Algar Group in Brazil. This will be the launch charter customer for the Phenom jets in Latin America.