FLYHT Aerospace Solutions Ltd.
TSX VENTURE : FLY

FLYHT Aerospace Solutions Ltd.

August 16, 2013 07:02 ET

FLYHT Receives BOEING 767 Activation STC from Transport Canada for AFIRS™ 228

CALGARY, ALBERTA--(Marketwired - Aug. 16, 2013) - (TSX VENTURE:FLY) - FLYHT Aerospace Solutions Ltd. ("FLYHT") reported today that it has received an activation Supplemental Type Certificate ("STC") for its Automated Flight Information Reporting System ("AFIRS™") 228 on the Boeing 767 - 200/300 series aircraft from Transport Canada.

On October 11, 2012, FLYHT announced the receipt of a provisions STC for the Boeing 767 series aircraft from Transport Canada. This was the first step in enabling existing customers and future customers to take advantage of the additional features of the AFIRS 228.

An STC constitutes regulatory approval to modify an aircraft's design while retaining airworthiness certification and is necessary to permit retrofit installation of aeronautical products such as AFIRS. The Company has activation STCs for 42 aircraft types for either/or AFIRS 220 and 228 products. The Company continues to develop STC's for numerous other aircraft types.

AFIRS 228 is FLYHT's next-generation flagship product. It is designed to provide a fully certified avionics platform capable of meeting all air navigation communications requirements in Europe, the United States and other jurisdictions around the world. It also provides the input and outputs necessary to enhance the value of real-time data for FLYHT's customers globally. The AFIRS 228 will be the first safety services certified platform on the planet to provide black box data streaming via FLYHTStream™, FLYHT's patent pending solution.

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 Company has been publicly traded on the TSV Venture Exchange since 2003.

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

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Contact Information

  • FLYHT Aerospace Solutions Ltd.
    Thomas R. French, CGA
    VP Finance and CFO
    403-291-7427
    tfrench@flyht.com
    www.flyht.com

    Investor Relations
    The Howard Group Inc.
    Dave Burwell
    Senior Associate
    (888) or (403)-221-0915

    Bristol Institutional Relations
    Glen Akselrod
    President
    (905) 326-1888