PAI Becomes a MCI Authorized Service Center for 4300 Series Gyro

June 2, 2006

June 2, 2006 – PAG’s wholly owned subsidiary Precision Avionics and Instruments (PAI) has been named an “Authorized Repair and Overhaul” facility for Mid-Continent Instrument Co.’s (MCI) 4300 Series Gyro’s. MCI is an Industry Leader in the manufacturer of Aircraft Instrumentation and Avionics for most major Airframe Manufacturers (www.mcico.com).

“We are pleased to announce this agreement naming PAI as an Authorized Service Center for MCI’s 4300 Series Gyro’s – receiving this approval speaks volumes about the quality of our work” says David Mast – PAG President. All of the PAG companies stock and sell the 4300-Series Gyro. “Being able to service the units that we sell adds to our ability to take care of our customers’ needs” states David. J. Todd Winter – MCI’s President stated “We value our long-term relationship with Precision Avionics and Instruments and look forward to mutually increased business with this additional capability.”

About PAG

Others Sell Parts, We Sell Support.

PAG supports operators in the Airline, Business and General Aviation (BGA), and the Military markets through its Inventory Supported Maintenance, Repair, and Overhaul (ISMRO®) business model, with focused capabilities in Avionics, Engines, Components, and Manufacturing/DER Services

At PAG, employees get the exchange of talent, experiences, and resources of multiple companies all while working for one. With 24 Repair Stations, and over 1.1-million-square-feet of sales and service facilities in the United States, Canada, Australia, Singapore, and Brazil – PAG’s 27 locations and customer-focused business model serve aviation customers through Supply Chain and Inventory Supported Maintenance, Repair and Overhaul (ISMRO®) services. PAG is one of only 11 companies, outside of OEMs, to collectively hold all FAA certifications.

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