FLYHT Aerospace Solutions Ltd.
OTCQX : FLYLF
TSX VENTURE : FLY

FLYHT Aerospace Solutions Ltd.

June 05, 2015 07:04 ET

FLYHT Hires World Class Sales Team, Ascend Aero

CALGARY, ALBERTA--(Marketwired - June 5, 2015) - FLYHT Aerospace Solutions Ltd. ("FLYHT" or the "Company") (TSX VENTURE:FLY)(OTCQX:FLYLF) announced today it has appointed a leading aviation technology sales team, Ascend Aero ("Ascend"), to promote and sell its products.

Ascend's talented sales team is dispersed worldwide for maximum reach into the aviation marketplace. With over eleven representatives on five continents, the successful team has 254 years of combined experience and has closed over $2B in combined sales.

"The relationship with Ascend will be extremely positive for developing new business opportunities," stated FLYHT president, Matt Bradley. "Ascend's experienced team will hit the ground running to aggressively market FLYHT solutions to the marketplace and we expect to see rapid results."

"We are pleased to be working with FLYHT. FLYHT's products address some of the most active segments in Aerospace. The Ascend team will leverage its market knowledge, global presence, and systematic sales approach to launch a full court sales press that we expect to generate a robust sales pipeline," said Dave Borkowski, managing partner of Ascend Aero.

Ascend will assist in developing and delivering a diverse strategic marketing plan for FLYHT that includes sales representation, presentation development and delivery, contract negotiation, marketing collateral, competitive surveillance and tradeshow management. The initial contract is for 12 months.

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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