October 31, 2008

FAA Grants Precision Aviation Group Company Its Third ‘Unlimited’ Capability Rating

ATLANTA, Oct. 31 /PRNewswire/ -- Precision Aviation Group (PAG) Company -- Precision Avionics and Instruments (PAI) was granted an "Unlimited Avionics" rating from the Federal Aviation Administration (FAA). This new rating establishes PAG as one of only 22 FAA Repair Stations that have Unlimited Accessory, Unlimited Avionics and Unlimited Instrument ratings. Of the 22 repair stations that have all three of these "Unlimited" Ratings, 12 are either Aircraft Manufacturers or Original Equipment Manufacturers, putting PAI in an elite group of only 10 FAA Repair Stations that provide Maintenance Repair and Overhaul (MRO) services as their principle source of revenue.

"We are proud of our tradition of capabilities expansion at PAI. The addition of this unlimited rating puts us in an exclusive group of only 10 other operating FAA Repair Stations," said PAG President David Mast. "It will allow us to improve our response time to customer requirements, and more efficiently add to the more than 8,000 different MRO services we provide."

About The FAA

The Federal Aviation Administration (FAA) is an agency of the United States Department of Transportation with authority to regulate and oversee all aspects of civil aviation in the U.S. The Federal Aviation Act of 1958 created the group under the name "Federal Aviation Agency" and adopted its current name in 1967 when it became a part of the United States Department of Transportation. The FAA is the single most influential governmentally run aviation agency in the world.

About Precision Aviation Group

(PAG) is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With sales/service facilities in the United States and Canada, PAG uses its distinct business units and customer focused business model to serve aviation customers through two business functions -- Aviation Supply Chain and its trademarked Inventory Supported Maintenance, Repair and Overhaul - (ISMRO).

PAG provides parts and MRO services for helicopters and fixed-wing aircraft through Precision Heliparts (PHP http://www.heliparts.com/ ) and Precision Avionics & Instruments (PAI http://www.precisionavionics.com/ ) in Atlanta, GA and Precision Heliparts - Canada (PHP-C http://www.heliparts.ca/ ) and Precision Accessories & Instruments (PAI-C http://www.paicanada.ca/ ) in Vancouver, BC. PAG has MRO capability on 8,000 different products, including accessories, avionics, instruments and starter generators.

Precision Aviation Group

CONTACT: Rodney Shumake, PAG Marketing Director, +1-404-768-9090, Fax:+1-404-768-9006, [email protected]

Web site: http://www.precisionaviationgroup.com/http://www.heliparts.com/http://www.precisionavionics.com/http://www.heliparts.ca/http://www.paicanada.ca/