The
Ovation2 GX and Bravo GX feature the Garmin G1000 integrated avionics
suite , which consolidates and displays all primary flight and
navigation to ease pilot workload. Our decision to acquire Mooney's assets has proved to have been
wise, and we are pleased at the progress our wholly owned subsidiary, Mooney
Airplane Company, (MAC) is making.

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A partnership with OTC Financial
Network can improve a company's shareholder communications channel,
facilitate capital formation opportunities , create an expanding and
diversified base of institutional and retail shareholders, and garner
financial media coverage. Full disclaimer information can be found online at
http://www. The company's
specific experience in developing and executing innovative total
support solutions or PBL programs has assisted both military and
commercial customers in achieving greater aircraft availability,
maximum mission readiness and managing achievable cost goals.

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"

About Mooney Aerospace Group, Ltd.

Contact Information
Mooney Aerospace Group, Ltd.8 billion.

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com/mnyg/disclaim.
Gretchen Jahn, CEO of Mooney Airplane Company, said, "We turned a
significant new corner in 2004, a year in which Mooney re-established itself
as a viable company and leader in the high-performance retractable gear
single-engine aircraft category.
Mooney Airplane Company, located in Kerrville, Texas , is a wholly owned
subsidiary of Mooney Aerospace Group, Ltd., a general aviation holding company
that is publicly traded under symbol (OTC Bulletin Board: MNYG).com
http://www.

hypersonic aeroplane

Net sales for the
year ended December 31, 2004 increased 16% to $19,314,000 as compared to
$16,617,000 for the year ended December 31, 2003., stated, "Year 2004 was an eventful year for us. Under PBL, the JSF
Program Office and the Lockheed Martin-led team (Lockheed Martin,
Northrop Grumman and BAE Systems ) enter a long-term agreement where
the JSF industrial base is incentivized and empowered to meet
performance requirements to improve supportability while reducing
total ownership costs.
Eaton 's aerospace business was specifically chosen for its
expertise in modeling, data mining, prognostics and health management
(PHM), and experience in managing a PBL program.

aeronautique lightplane

The
Company reported total orders of 80 and deliveries of 36 aircraft by year-end
2004. In addition to selling airplanes, Mooney is building an
unmatched customer support division to provide pilots competitive and superior
aftermarket parts and services, creating an additional highly profitable
revenue stream for Mooney and boosting sales of our aircraft.
Smiths Aerospace was also selected as another supplier during this
prototype phase and was chosen for their extensive experience
supporting fielded hardware using the PBL concept . Eaton serves commercial and military aviation,
aerospace, military weapons, marine, and off-road markets worldwide.

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OTC Financial Network designs
and implements results-driven direct mail, electronic marketing,
shareholder communications and other programs to increase market
awareness on behalf of its clients. based in Needham, MA.mooney. The Company defines an order taken when a contract is signed between the
Company and the customer, and the company receives a deposit.

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"
Jahn added, "We plan to continue to ramp up our production with a focus on
reducing costs per unit, streamlining operations and internalizing the
manufacturing process. Eaton is a global leader in electrical
systems and components for power quality, distribution and control;
fluid power systems and services for industrial, mobile and aircraft
equipment; intelligent truck drivetrain systems for safety and fuel
economy; and automotive engine air management systems, powertrain
solutions and specialty controls for performance, fuel economy and
safety.

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Information or
opinions in this release are presented solely for informative
purposes, and are not intended nor should they be construed as
investment advice. In particular, when used in the preceding discussion, the
words "plan," "confident that, " "believe," "scheduled," "expect," or
"intend to," and similar conditional expressions are intended to
identify forward-looking statements within the meaning of the Act and
are subject to the safe harbor created by the Act. A delivery is
recorded as a sale on the Company's income statement when the balance of the
purchase price is paid in full and the airplane is delivered to the customer.

commericial aeronautics

Nelson Happy, president of Mooney Aerospace Group, stated,
"Partnering with OTC Financial Network is a positive step for our
Company."

About OTC Financial Network

Since 1992, OTC Financial Network has provided consulting services
and customized, proactive investor relations campaigns to more than
500 small/micro-cap public companies.mooney.

Eaton Selected by Lockheed Martin Aeronautics for F-35 Prototype for Performance Based Logistics

particularily airfields

, (OTCBB:MNYG), through its wholly owned
subsidiary Mooney Airplane Company, manufactures, markets and supports
high-performance single-engine aircraft , announced today that the
Company has retained OTC Financial Network, a division of National
Financial Communications Corp.
Eiten continued, "Mooney is successfully emerging from its
reorganization and is now aggressively moving forward with their
manufacturing, marketing and support plans. We look forward to
building a diversified shareholder base and increasing liquidity
through this partnership.nationalfc. Our reorganization was necessitated primarily by
obligations assumed by the company during the development of the Jetcruzer
program. Nelson Happy Rick McCaffrey
830-792-2917 781-444-6100 x625
rick@otcfn .

hypersonic airfields

This is not an offer to buy or sell securities. Nelson Happy, Vice Chairman and President of Mooney Aerospace Group,
Ltd.
The F-35 is the next-generation, supersonic, multi-role stealth
aircraft designed to replace the AV-8B Harrier, A-10, F-16, F/A-18
Hornet and the United Kingdom's Harrier GR.com

particularily stockbroker

OTC Financial Network is a division of
National Financial Communications Corp . S. During 2005, we intend to build upon
our recent accomplishments to increase sales of aircraft nationwide, including
leveraging our strong brand name recognition earned from more than 50 years in
the aviation industry. With our scalable production facility and enhanced
marketing and sales efforts, we are on track to more than double our aircraft
deliveries and exceed last year's total order book in 2005.

Business Editors

IRVINE, Calif.----Diversified
industrial manufacturer Eaton Corporation's (NYSE:ETN) aerospace
business has been selected by Lockheed Martin Aeronautics , Fort Worth,
Texas to participate in testing the F-35 JSF program's approach to
performance-based logistics (PBL) during the first phase of Low Rate
Initial Production (LRIP) for the aircraft.
PBL is a management approach that assigns roles and
responsibilities as necessary to ensure there is a clear allocation of
accountability for total system performance.eaton.

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Since its
inception in 1946, the company has manufactured and delivered more
than 10,000 aircraft worldwide.otcfn.

whitten summarized

For more
information visit www. and has received fees for services, including
a monthly base of five thousand dollars plus expenses, paid in cash. We achieved a strong order book totaling 80
orders and delivered 36 aircraft in 2004. For more information, visit www.

flightdeck airship

The early investor will
find the Company represents a fundamentally strong turnaround
situation, as they plan to deliver up to 100 airplanes this year , up
from 36 planes in 2004. Since its inception in 1946, the
company has manufactured and delivered more than 10,000 aircraft worldwide. Such risks and uncertainties
include, but are not limited to , market conditions, the availability of
components and successful production of the Company's products , general
acceptance of the Company's products and technologies, competitive factors,
timing, and other risks described in the Company's SEC reports and filings. This PBL prototype activity is a significant step forward
in implementing the JSF program's approach to sustaining the aircraft
worldwide.

flightdeck whitten

Mooney Aerospace Group Retains OTC Financial Network for Comprehensive Investor Relations Campaign

Mooney Aerospace Group Ltd. Reports 2004 Year-End Revenues Up 16%

OTC Financial Network
J.

wrights airmail

Aerospace Writers/Business Editors

KERRVILLE, Texas----Mooney
Aerospace Group, Ltd. Eiten and his Company have a great deal of experience in
representing micro-cap, high -growth companies with proven results from
their intensive Investor Relations campaigns. The company 's wholly owned subsidiary,
Mooney Airplane Company, currently sells five models of the M20, the
highest performing four-place, single-engine, piston-powered aircraft,
now available with the Garmin G1000 glass-panel display.com/mnyg

The F-35 JSF was selected as a candidate pilot program in 2004 by
the Department of Defense's Management Initiative Decision 917 to test
revised contracting , budgeting and financing processes for PBL
agreements.

wrights aeroplane

, to implement a comprehensive investor
relations program. For more information, visit www.html

This press release contains forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995 (the
"Act"). In
particular , when used in the preceding discussion, the words "plan,"
"confident that," "believe," "scheduled ," "expect," or "intend to," and
similar conditional expressions are intended to identify forward looking
statements within the meaning of the Act and are subject to the safe harbor
created by the Act.

flightdeck lightplane

otcfn. - Company to Continue to Ramp-Up Production in 2005 -

KERRVILLE , Texas, Mooney Aerospace Group,
Ltd. We underwent
reorganization through the filing and confirmation of a plan approved by our
creditors and the U.
Today, 7,000 customers in the United States and 1,000 more overseas fly these
proven, high-performance airplanes.com .
Eaton Corporation is a diversified industrial manufacturer with
2004 sales of $9. Eaton has 56,000 employees and sells products to customers in
more than 125 countries.

soesterberg aeronautics

J. Bankruptcy Court in Wilmington, Delaware, which has
been fully consummated. Mooney
Airplane Company currently sells five models of the M20, the highest
performing, four-place single-engine piston-powered aircraft, now available
with the Garmin G1000 glass panel display. Eaton was selected based on its history of
successes using this approach .

avro whitten

Geoffrey Eiten, president of National Financial Communications
Corporation, stated, "Mooney Aerospace , through its wholly owned
subsidiary, Mooney Airplane Company, re-emerges to market with five
high -powered aircraft, and more than 8,000 customers worldwide.com

OTC Financial Network serves as special advisor to Mooney
Aerospace Group Limited. Such statements are
subject to certain risks and uncertainties and actual results could
differ materially from those expressed in any of the forward -looking
statements.

whitten summarized

com

About Mooney Aerospace Group Limited

Mooney Aerospace Group, Ltd. is a general aviation holding company
located in Kerrville, Texas. Today, 7,000 customers in the United
States and 1,000 more overseas fly these proven, high-performance
airplanes.
MAC plans to focus on ramping up production, reducing its cost of production,
increasing its order book , building an unmatched customer service and support
system, expanding its marketing and sales efforts and assembling a management
team that blends both experience in aviation and business management .

This press release contains forward-looking statements within the meaning
of The Private Securities Litigation Reform Act of 1995 (the "Act").

lightplane summarized

(OTC Bulletin Board: MNYG), announced that on April 22, 2005 it reported
its financial results for the year ended December 31, 2004. For more information , visit
http://www. Such statements are subject to certain risks and
uncertainties and actual results could differ materially from those expressed
in any of the forward-looking statements.

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"
J . Mr. Such risks and uncertainties include, but are not limited
to, market conditions, the availability of components and successful
production of the Company's products, general acceptance of the
Company 's products and technologies, competitive factors, timing, and
other risks described in the Company 's SEC reports and filings."
In mid-2004 MAC embarked upon a multi-faceted plan to become profitable .7 and Sea Harrier.
In the aerospace industry, Eaton is a leading supplier of
hydraulic, electro -hydraulic pump and generator products and
integrated systems; electric motors; aircraft flap and slat systems;
fluid conveyance products and systems; nose wheel steering systems;
integrated control systems; cockpit controls; power and load
management systems; pressure sensors and fluid debris monitoring
products and systems.

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---

- - kjjkjk

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