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Mon, Apr 28, 2014

Flyht's Technology Achieves Major Milestone With One Million Flights

Primary AFIRS Product Installed In Over 400 Aircraft, Company Says

Flyht Aerospace Solutions' Automated Flight Information Reporting System (AFIRS) has reached a major milestone ... having surpassed one million flights onboard customer aircraft.

"The steady growth of flights is exciting. The value received by our customers using AFIRS continues to grow as we add services to our existing applications," Bill Tempany, CEO of Flyht, said in a news release announcing the milestone. "Flyht's focus for the coming years will be to increase the applications available to our customers and the value we can bring to them on each and every flight."

The Company has been tracking customer flights and flight hours since AFIRS' commercial inception in 2005. In 2012, Flyht announced that AFIRS had flown one million flight hours onboard customer aircraft. Since that achievement, flight hours have grown to over 1.5 million, showing how quickly they are multiplying. This growth in flights and flight hours demonstrates customer's increased use of the technology and is linked to the Company's recurring revenues.

Flyht has 40 customers with AFIRS installed on over 400 aircraft. The Company continues to add certification and now has approval to install the next generation technology, AFIRS 228, on eight widely used commercial aircraft brands and models in addition to over 30 certifications received for the AFIRS 220.

FMI: www.flyht.com

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