FLYHT Aerospace Solutions Ltd.

TSX VENTURE : FLY
OTCQX : FLYLF


FLYHT Aerospace Solutions Ltd.

August 20, 2014 07:06 ET

FLYHT Announces Resignation of Director

CALGARY, ALBERTA--(Marketwired - Aug. 20, 2014) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY) (OTCQX:FLYLF) (the "Company" or "FLYHT") today announced that Mr. Richard Hayden has resigned his position as a member of the Company's board, effective August 19, 2014. Mr. Hayden will remain with the Company as Director of Strategic Programs and will work with government and industry groups to ensure FLYHT stays in the forefront of discussions regarding global implementation of enhanced aircraft tracking and triggered data streaming, as well as leading efforts to secure several key programs.

Bill Tempany, CEO stated, "FLYHT has evolved over the eight years from an R&D Company to a growth business currently building momentum in the aviation industry and Dick has played an important part in shaping the company we have today. We look forward to Dick's continued contribution, as it is an essential part of our business. We are confident that Dick's drive, determination, tenacity and contacts will ensure the best outcome for FLYHT and our shareholders."

Dick Hayden commented, "When I first was introduced to FLYHT in 2005, I immediately recognized the potential of the integrated aircraft-to-end-user system that FLYHT had conceived and was evolving. I was pleased to join the company in 2008 and be part of the team that has evolved AFIRS and UpTime to its current industry-leading state. I look forward to continuing to contribute to FLYHT's growth."

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT's latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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