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Fri, Aug 15, 2008

Liberty Announces Distributor Agreement With Piper-Germany

Establishes European Sales, Support Network For XL2

Liberty Aerospace announced Thursday it has signed an exclusive distributorship agreement with Piper-Germany to sell and distribute the Liberty XL2 to the general aviation market in Germany, Austria and the United Kingdom.

"The inclusion of Piper-Germany into the Liberty distribution team is a stellar event," said Liberty President and CEO Keith Markley. "We have long sought a quality partner to bring the Liberty XL2 into the central Europe and UK markets. Given the size and quality of the Piper-Germany workforce and their premier locations, we believe both companies will benefit greatly from this joint endeavor."

Like a number of US-based planemakers, Liberty has focused its recent efforts on increasing overseas orders. The company exhibited at all major European shows this year, where the company reports it received an "overwhelming" response.

"During my ongoing visits to Piper Aircraft, Inc. in Vero Beach I’ve been visiting the Liberty manufacturing facility in Melbourne for years to catch up on the development of their new 2-seat aircraft, the Liberty XL2," said Wilfried Otto, President and CEO of the Piper-Germany group. "Having observed the development over the years, I am pleased that both the company and the aircraft have taken such a positive evolvement and that we have been selected to market Liberty aircraft in Germany, Austria and the United Kingdom. We look forward to continuing Liberty’s success in this new partnership."

Piper-Germany has been an authorized Piper dealer since 1968.

FMI: www.libertyaerospace.com

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