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Trans-Pacific Aerospace Announces Release of In-Depth Research Report by Airline Stock Review

Dépèche transmise le 22 décembre 2010 par Business Wire

SAN MARINO, Calif.--(BUSINESS WIRE)--Trans-Pacific Aerospace Company, Inc. (OTCBB: TPAC) announced today that Airline Stock Review has released a comprehensive report that fully summarizes the company’s activities and near-term market prospects in China. It is available for download at www.airlinestockreview.com.

“And as we approach our goal of launching our self-lubricating spherical bearing products for commercial aircraft, via our China based manufacturing and assembly facility, it’s important for the community to know what makes us beyond competitive and the significant milestones we’ve reached.”

“Written for small cap and institutional investors, this research report is essentially ‘everything you always wanted to know’ about Trans-Pacific Aerospace,” said Bill McKay, the company’s CEO.

“And as we approach our goal of launching our self-lubricating spherical bearing products for commercial aircraft, via our China based manufacturing and assembly facility, it’s important for the community to know what makes us beyond competitive and the significant milestones we’ve reached.”

The research report also analyzes Trans-Pacific Aerospace’s sole source business model, product demand in China, and provides profiles on the company’s management and advisory board team.

Roland Rick Perry, editor of Airline Stock Review, commented: "What makes this such a great read is being able to watch in near real time the progression of a California start-up entering into a component market which is estimated to generate $1.5 billion in annual revenues, yet which is currently controlled by a handful of players who have steadfastly refused to share technology or partner with any Chinese concerns. Trans-Pacific’s decision to break with tradition is expected to be widely watched by aircraft suppliers across four continents."

Having successfully completed wear tests in California and surpassing minimum qualification requirements imposed under the qualification specification SAE-AS81820, the Trans-Pacific Aerospace engineering and quality control team will depart for China in January 2011, with production for qualification of the Guangzhou China facility commencing immediately thereafter. Qualification test parts will be submitted to Independent Testing Laboratories for first-pass testing in February, and to the U.S. Navy in mid-March. The company expects qualification approval from the Navy on or about May 1, 2011.

About Trans-Pacific Aerospace (TPAC)

Trans-Pacific Aerospace designs, engineers and manufactures self-lubricating spherical bearings for commercial aircraft, with planned product extensions using similar proprietary technology into maritime, power plant and space applications. Through its ownership in Godfrey (China), Ltd., it has a special operating license granted by China's Ministry of Science and Technology. Godfrey has completed prototype manufacturing and testing in China and the United States and is pursuing SAE parts qualification of its facility in Guangzhou, China.

About the Airline Stock Review (AESR)

Each issue of the Airline Stock Review covers publicly traded companies in the aviation industry and includes hyperlinks to the news origination source for full coverage. The newsletter additionally reports on the availability of streaming audio/video profiles, press releases, shareholder conferences and interviews with senior management of the companies covered.

Through Thomson Financial, Airline Stock Review hard copy research reports are made available to more than 22,000 of the world's largest institutional money management firms controlling over $20 trillion in assets and over 950 of the world's leading research firms including brokers, investment banks and independent research firms.

Information About Forward-Looking Statements

This press release contains or incorporates by reference “forward-looking statements” including certain information with respect to plans and strategies of Trans-Pacific Aerospace Company, Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words “believes,” “suggests,” “anticipates,” “plans,” “expects,” and similar expressions are intended to identify forward-looking statements. There are a number of events or actual results of Trans-Pacific Aerospace Company, Inc. operations that could differ materially from those indicated by such forward-looking statements.