SOURCE: Viva International, Inc.

February 01, 2007 13:22 ET

Flight Test Associates to Participate With Northrop Grumman on Major Program Initiative

TRAVERSE CITY, MI -- (MARKET WIRE) -- February 1, 2007 -- Viva International, Inc. (Viva) (OTCBB: VIVI) announced this morning that Flight Test Associates (FTA), will join the Northrop Grumman team in the pursuit of a major program with the Counter-Narcoterrorism Program Office (CNTPO). The program will provide support for counter-drug initiatives in South America and the Middle East. The estimated program value is approximately $300 million per year. A multi-year indefinite quantity contract vehicle will be used to secure services from multiple successful bidders. The program will focus on providing operational support, logistics and training for foreign governments that are engaged in counter drug operations. FTA's core business is aircraft modification for special operations and tactical aircrew training. Viva has previously announced its intentions to acquire the assets and business operations of Flight Test and its affiliated entities in a transaction scheduled for completion on/or before March 31, 2007.

James Paquette, managing member of Flight Test and a Director of Viva, commented, "I am pleased to have this opportunity to participate with Northrop Grumman and at the prospects of contributing to this worthwhile cause and effort. The level of involvement of the Flight Test Group is yet to be determined but I am reasonably sure that our participation will involve significant utilization of our capabilities and resources."

About Viva

Recently Viva International, Inc. (Viva) agreed to purchase of the assets of River Hawk Aviation, Inc. (River Hawk). Prior to this, Viva was primarily dedicated to the formation and development of airlines along with the acquisition of aviation-related operating businesses and airlines that displayed potential for restructuring into profitable and sustainable aviation-related growth concerns. The Company's primary involvement was with two developmental-stage carriers in regional markets from hubs in Puerto Rico and Santo Domingo, Dominican Republic. Our hub in Puerto Rico was maintained through our subsidiary Eastern Caribbean Airlines Corporation and our hub in the Dominican Republic was maintained by Viva Air Dominicana, S.A. Each of these companies remains as subsidiaries of the Company and are being evaluated to determine the best course of action to return them to active operations.

The Company has now expanded its focus to also participate as an aviation parts and components supplier in the broader aviation industry, currently specializing in Saab and other commuter aircraft parts and components as well as providing consulting services, marketing and appraisals to the aviation community. At present, the Company maintains executive offices in Michigan.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "project," or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) managing acquisitions and expansion of operations; (2) our ability to obtain necessary financing and to manage existing debt; (3) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (4) our ability to successfully complete financing and due diligence under the River Hawk Asset Purchase Agreement; (5) the Company's ability to comply with federal, state and local government and international regulations; and (6) other factors over which we have little or no control. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U. S. Securities and Exchange Commission.

Contact Information

  • Contact:
    Viva International, Inc.
    (231) 932-7490