Beginning Deliveries to OEM Customers

AirScooter Corp. tells ANN that the first US patent has issued on its AeroTwin(TM) sport aircraft engine. The company's wholly owned subsidiary, AeroTwin Motors Corp., expects to make initial deliveries to select OEM customers in October.

The AeroTwin engine was jointly developed with engine designers in New Zealand, and is being manufactured in the United States in Fort Worth, Texas, under an exclusive worldwide manufacturing license. We have established dual dyno test facilities in New Zealand and Fort Worth allowing accelerated development and testing. The AeroTwin engine is optimized to power the company's AirScooter(TM) personal air vehicle (PAV) recently featured in a CBS "60 Minutes" segment.

The patented and patent-pending AeroTwin two-cylinder 65 horsepower 970cc four-stroke aircraft engine is a modern lightweight power system applicable to a broad range of sport aircraft. It features:

• A patented internal air cooling/oil scavenging system that provides cooling and lubrication in a small, lightweight power plant.
• An electronic fuel injection and digital engine management system.
• Exceptional power to weight performance -- 65 hp at only 4,500 rpm, basic engine weight under 100 lbs.
• Output drive from either end of the engine providing easy configuration for a broad range of aircraft.
• Horizontal or vertical orientation for greater versatility to power fixed wing, rotor and other sport aircraft.
• Clockwise or counterclockwise operation to meet diverse OEM requirements.

"The first engine patent granted to our licensor is an important step to protect our investment in new engine technology," said Dwaine Barnes, president of AirScooter Corp.

"We will deliver our first engines to select sport aircraft manufacturers needing an economical, lightweight four-stroke engine to power their craft. We will be able to incorporate their feedback in the next production run of engines."

Barnes added, "We see demand for both new sport aircraft and for re-power customers seeking to replace the noisy, dirty two-stroke engines that power most small aircraft today. We also believe our engine offers utility and value for applications beyond the aviation industry."

AirScooter Corp. is engaged in the development and commercialization of advanced manned and unmanned air vehicles and power systems for the recreational, commercial and government markets. The company has applied coaxial counter-rotating dual rotor systems to the AirScooter(TM) personal air vehicle (PAV) and the AirScout(TM) unmanned aerial vehicle (UAV). The company's wholly owned subsidiary, AeroTwin Motors Corp., is engaged in the manufacture and distribution of the AeroTwin(TM) 65 hp lightweight sport aircraft engine.

FMI: www.airscooter.com, www.aerotwinmotors.com