Ernest Arvai Will Serve As Independent Board Member

Liberty Aerospace, Inc., announced this week the appointment of Mr. Ernest S. "Ernie" Arvai to its Board of Directors. Arvai -- founder and CEO of strategic planning firm The Arvai Group, will serve as an independent board member.

Since 1991, The Arvai Group has provided strategic development consulting to varied segments of the general aviation and aerospace industries. He holds an MSIA degree from the Tepper School at Carnegie-Mellon University, and a BSE in Industrial Engineering from the University of Michigan. He is also a CPA, and an instrument-rated pilot.

"Liberty’s future has never looked brighter," said Liberty CEO Keith Markley. "Our production is ramping up to meet the demands of fleet sales, including several large international orders. With continued product improvement, Liberty is ready to dominate the two seat market. The appointment of Mr. Arvai with his experience in international markets adds tremendous value to the team."

"Liberty Aerospace is poised for rapid growth and success, and I look forward to working closely with Mr. Markley and the Liberty Management Team," Arvai said. "The new technology the XL-2 provides in a flight training aircraft makes it the right product at the right time to meet the rapidly growing global demands for pilot training. I'm pleased to be associated with a company with leading-edge aircraft technology, strong financial backing, and a forward-thinking management team."

Arvai has also served as adjunct faculty and taught Strategic Management in the MBA program at Daniel Webster College.

FMI: www.libertyaircraft.com, www.arvaigroup.com