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Wed, Mar 30, 2005

Upgraded: Randy Bolinger

Becomes Lancair's VP For Sales And Marketing

A growing workforce and capital investment have accelerated The Lancair Company's production line during the past few months. Today the Company provided a glimpse at how they intend to sell all of those certified aircraft naming Randy S. Bolinger its new vice president of marketing and sales.

Bolinger joins Lancair from Cirrus Design Corporation where he held senior marketing positions during that company's rapid expansion over the past two years. Most recently, Bolinger had been Cirrus' vice president of marketing. At Lancair, Bolinger joins a company in the process of investing heavily for the future. "I feel like I'm joining The Lancair Company at the best possible time. The Columbia 350 and 400 are category defining aircraft, the company has the financial backing to really assert itself and I'm joining a dynamic management team. I couldn't be more excited about this opportunity," Bolinger said.

Indeed, 2005 has gotten off to a fast start for the Bend, OR-based aircraft manufacturer. The Company is nearing completion of a major capital improvement program as well as a significant hiring blitz, both intended to allow Lancair to increase production to one aircraft per day by later this year. Lancair has also implemented the recommendations of a noted manufacturing engineering consultant that have made the manufacturing process both faster and more cost efficient.

"We're engaged in a lot of exciting initiatives right now," said Lancair President and CEO Bing Lantis. "We've put a lot of time and money into our manufacturing component and our production rate ramp up is right on schedule. With the addition of Randy Bolinger, I'm confident that our marketing programs will move to a higher level as well. We feel very fortunate to have him."

Prior to his experience with Cirrus Design, Bolinger held positions in brand management, public relations and marketing for Volvo Trucks in the United States. At Lancair, Bolinger will manage a staff responsible for both the Company's marketing and sales functions.

FMI: www.lancair.com

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