| Eclipse Aviation and Hampson Aerospace Resolve All Outstanding Disputes |
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ALBUQUERQUE, NM — January 22, 2008 — Eclipse Aviation, manufacturer of the world's first very light jet (VLJ), and Hampson Aerospace, Inc., today announced the two companies have reached a full and final settlement of all claims and disputes. This will result in the dismissal, with prejudice, of the complaints previously filed in litigation and arbitration between the parties. The terms of the settlement are confidential between the parties and will not be disclosed. About Hampson Aerospace, Inc. Hampson Aerospace Inc is a wholly-owned subsidiary of UK-listed international aerospace and precision engineering group, Hampson Industries PLC. About Eclipse Eclipse Aviation is the world's leading very light jet (VLJ) manufacturer, producing innovative, affordable jets that are revolutionizing air transportation. The company created the VLJ category with the design, certification and delivery of the Eclipse 500 - the industry's first VLJ. Eclipse applies advanced technologies, manufacturing processes and business practices to create high-performance aircraft that cost a fraction of other jets, and provide the lowest cost of jet ownership ever achieved. By changing the value proposition for private jet travel, Eclipse is allowing more pilots to enter the world of jet-powered aviation and enabling a new generation of entrepreneurs to help business travelers move between cities on a quick, affordable and convenient basis. Contact Eclipse at http://www.eclipseaviation.com
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