Dépêches

First IS&S Retrofitted Citation Flies Successfully

Dépèche transmise le 28 avril 2009 par Business Wire

EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (NASDAQ: ISSC) today announced that the first Cessna Citation aircraft retrofitted with its AdViz Flat Panel Display System has successfully completed its initial flight test.

In January 2007, Cessna Aircraft Company chose Innovative Solutions & Support (IS&S) as the flat panel display system provider for the Cessna AdViz Glass cockpit retrofit program. Cessna and IS&S wanted to replace aging flight instruments on legacy Citations with the AdViz system, resulting in reduced weight; improved reliability; and access to navigational aids, such as XM Weather, navigation charts, remote radio tuning, and enhanced video. The AdViz system will initially be available for purchase through the nine Cessna-owned Citation Service Centers, and will later be distributed through the Cessna authorized network. It will be certified for the Cessna Citation 500/501, 550/551, S550, 560, and 650 aircraft.

The first successful flight of the retrofitted Citation V was made on April 6, 2009. “The AdViz Glass cockpit exceeded my expectations,” says Rick Trissell, Cessna Flight Test Pilot after a 1.5 hour flight. “The crisp symbology and clarity of the displays, along with additional navigation aids, will enhance situational awareness in flight.”

“The success of this flight is a great achievement,” says Chad Thorne, Vice President Business Development and Marketing of IS&S. “We are pleased to have the opportunity to work with Cessna Aircraft Company, and look forward to providing pilots and passengers with this state-of-the-art technology to improve the efficiency, reliability, and safety of flights.”

About Innovative Solutions & Support, Inc.

Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. (www.innovative-ss.com) designs, manufactures and markets flight information computers, electronic displays, and advanced monitoring systems that measure and display critical flight information. This includes data relative to aircraft separation (RVSM), airspeed and altitude, as well as engine and fuel data measurements.

About Cessna Aircraft Company

Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2008, Cessna delivered 1,301 aircraft, including 467 Citation business jets, and reported revenues of about $5.662 billion. Cessna has a backlog of $14.5 billion as of December 31, 2008. Since the company was originally established in 1927, some 192,000 Cessna airplanes have been delivered around the world, including more than 5,700 Citations, making it the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at http://www.cessna.com.

Certain matters contained herein that are not descriptions of historical facts are “forward-looking” (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. Many of the factors that will determine the Company’s future results are beyond the ability of management to control or predict. Readers should not place undue reliance on forward-looking statements, which reflects management’s views only as of the date hereof. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.