Florida First to Gain Economic Development Benefits of New Jet Service

TALLAHASSEE, Fla. – April 24, 2006 – DayJet™ today announced that business travelers in the Southeastern United Sates (Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee) will be the nation’s first to benefit from “Per-Seat, On-Demand” jet service when it takes flight later this year. The company will launch its service in Florida with an intra-state, point-to-point, on-demand network connecting communities that today have little or no scheduled air service.

Experienced Composites Manager to Lead Transition to Full-Rate Production on A500 and A700

Englewood, CO, April 17, 2006—— Adam Aircraft announced today the appointment of Rob Penrod as Vice President of Manufacturing. Penrod joins Adam Aircraft from Bell Helicopter. As Director of Operations, he led a business unit of more than 400 employees and annual sales of $600 Million. With cross-functional oversight of manufacturing, tooling, industrial engineering, and quality, Penrod led Bell’s efforts to transition the V-22 Osprey, a complex composite tilt-rotor aircraft, from developmental stages into full-rate production. Prior to joining Bell Helicopter, Penrod spent 19 years with the Aerostructures Corporation of Nashville, Tennessee. Rob has more than 27 years of aerospace experience in manufacturing, quality assurance, program management, marketing, inventory management, and lean methodologies.