SOURCE: IAHL Corporation

October 22, 2007 09:16 ET

IAHL Corporation CEO Explains Certain Patented Technology Regarding Its Integrity Airplane and Other Pertinent Corporate Actions Underway

CAPE CORAL, FL--(Marketwire - October 22, 2007) - IAHL Corporation (PINKSHEETS: TSXT) today announced that Mr. Peter Van Dyke, CEO & President, will discuss certain patented technology and licensing agreements regarding its flagship Integrity Aircraft and other corporate actions underway.

As previously announced the company has completed its change of name with the Secretary of State, Delaware to IAHL Corporation and has submitted its required paperwork for a new trading symbol with NASDAQ to reflect the new company name.

As the company moves forward with its objective of building airplanes and the marketing of them, the CEO Mr. Van Dyke would like to explain the advantages of this business model as follows:

"In the business of real estate value, the three most important words are: 'location, location, location.' Integrity Aircraft Holdings Ltd. Corporation (IAHL) employs the same three word expression to highlight the value of engine placement on the new Integrity Aircraft. IAHL holds the patent for placing a turboprop power plant high up in the tail fin of the aircraft thereby creating the following: (1) reduced cycles -- do not have to turn off engine after landing to ingress and egress passengers; (2) refuel with engine running; (3) much longer time before overhaul (TBO) thus lowering operating cost; (4) dramatic increase in power -- the installed Honeywell TPE 331-12 engine increases overall power 22% from previous 3 Lycoming 540 series piston engines used on predecessor platform; (5) Useful load is increased by approximately 800 pounds; (6) Location of engine in tail section greatly reduces cabin noise for passenger comfort; (7) Cleaner air intake -- engines located in front of fuselage or on wings intake debris, dust and foreign objects on runway. Bottom line results, much more profitable to aircraft operators, who will experience approximately 70% overall savings and experience a lower cost per seat per mile over the competition. INTEGRITY will enable reopening many routes closed as non-profitable sectors and create an opportunity for worldwide commuter expansion."

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

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