Englewood, CO, June 29, 2006—— Adam Aircraft today announced the appointment of Chris Naro as Chief Financial Officer. He will report to Adam Aircraft Chairman and Chief Executive Officer Rick Adam, and will be responsible for all finance and accounting functions. Among his many duties as CFO, his responsibilities will focus on raising capital, financial planning, working closely with the Chief Operating Officer on ramping aircraft production, and managing continuous improvement programs geared toward improving production and cost efficiencies. In addition, Mr. Naro will be a key member of the Executive Team that will prioritize future markets and product development initiatives for Adam Aircraft.

Aviation Technology Group, Inc. announced the following design changes to its Javelin aircraft: an increase in wing size, enhancement of wing lift devices, and improvement to the canopy opening mechanism. These constitute the last major design changes to the Javelin, freezing its configuration to enable suppliers to start producing the production airframe parts.

Company releases final performance numbers for revolutionary VLJ
ALBUQUERQUE, NM — June 25, 2006 — Eclipse Aviation, creator of the world’s first very light jet (VLJ), today announced that it expects to achieve Federal Aviation Administration (FAA) certification of the Eclipse 500 jet in the next few weeks. While the company was anticipating FAA certification in late June, continued supplier delays have pushed the schedule back.

COLORADO SPRINGS, COLORADO — During takeoff for flight number 25 in the Sport-jet flight test program, the aircraft suffered an uncommanded roll at low altitude, possibly induced by wake turbulence or weather phenomenon such as a microburst. The airplane was piloted by James Stewart, a retired military F-16 pilot. John Welty, an A&P mechanic, accompanied Stewart in the test flight. Both men were taken to the hospital as a precaution; both were released.