Precision Aviation Group Named Goodrich ‘Authorized Repair Center (ARC)’

March 16, 2010

Atlanta, GA – Feb. 16, 2010 — Precision Aviation Group (PAG), exclusive provider of ISMRO® (Inventory Supported Maintenance Repair & Overhaul), announces approval by Charlotte, NC-based Goodrich as an Authorized Repair Center (ARC). Services under the ARC agreement will include Maintenance Repair and Overhaul (MRO) services on Starter Generators and Generator Control Units manufactured by Goodrich.

David Mast, PAG President and CEO said: “This agreement expands on PAG’s current relationship with Goodrich. Their products are on the aircraft platforms we support and being named an ARC will allow us to greatly expand the number of Goodrich products and services we can offer to our customers. We made a strategic decision several years ago to expand the number of products and services that we offer in the accessory market. Being named an ARC by Goodrich is a culmination of this decision. Building OEM partnerships is critical for our long term success, and we are proud represent Goodrich as an ARC.”

Dick Donegan, Business Development Manager, Goodrich said: “Goodrich is pleased with the recent addition of Precision Aviation Group, PAG, to our network of Authorized Repair Centers. Important to the Goodrich Power Systems Group is the expanded area of market coverage, both in aircraft platform and geographical coverage, which PAG brings to our network of repair facilities. A highlight of this expanded relationship will be the use of only genuine Goodrich parts in the applicable PAG repairs. PAG and Goodrich have always enjoyed an excellent relationship and with this appointment we look forward to a further expansion into the aviation community.”

About Goodrich: Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to the aerospace, defense and homeland security markets. With annual revenues of $6.4 billion, Goodrich is headquartered in Charlotte, North Carolina, and employs more than 24,000 people worldwide in approximately over 90 facilities across 16 countries.

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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