"
Dr. Lee has worked at NASA Dryden as a Flight
Controls engineer for the
last two years, involved with the X-37
aerospace plane, and most recently, developing an ultra-high
precision
autopilot for a JPL project on a Gulfstream G3 jet. He has piloted over thirty
aircraft
types. Lee has the distinction of attaining an altitude of over
33,000 feet in a Grob 103 at California
City and also has the
distinction of helping equip NASA's B-52 with one of the most accurate
navigation
systems of any B-52 in the fleet.
nanchang sukhoi
Dr. These forward-looking statements involve and are subject
to
known and unknown risks, uncertainties and other factors which
could cause the Company's actual results
, performance (finance or
operating) or achievements to differ from future results, performance
(financing and operating) or achievements expressed or implied by such
forward-looking statements
. 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. 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.
Business Editors
WICHITA
, Kan.r22 qwest
James Lee. Lee will be involved in all aspects of systems, avionics,
autopilot design and flight
testing at Sanswire. 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. Serial number 525A-000300 is at the first phase
of production
and will be used to certify the avionics for the CJ2+. Flight tests
already completed include field
performance, stall speeds, systems
verification and general aircraft handling qualities. These
forward
-looking statements are subject to risks and uncertainties that
may cause actual results to differ
materially from those contained in
the statements, including the timing of certifications and the
commencement of production.grumman 6a
, (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. Nelson Happy, president of Mooney Aerospace Group, stated,
"Partnering with OTC Financial Network
is a positive step for our
Company. In addition, Citation CJ1+, CJ2+ and CJ3 tooling has
been
configured to expand or contract depending upon the specific
model being produced. Cessna is on
schedule
for first customer delivery in the fourth quarter of 2005. Cessna
completed the prototype aircraft
electrical power-on on January 27,
2005.klingair airframe
For more information, please go to http://www.
Eiten
continued, "Mooney is successfully emerging from its
reorganization and is now aggressively moving
forward with their
manufacturing, marketing and support plans.html
This press release contains
forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of
1995 (the
"Act").
Other CJ1+ program milestones include completion of over 175 hours
of flight
-testing since first flight in October 2004.com
Forward-looking statements: Certain statements in
this release are
forward-looking statements, including those that discuss anticipated
certifications
and customer deliveries and other events that will
occur in the future.jn airco
(OTCBB:GTEL) today announced
that its wholly owned subsidiary,
Sanswire Networks, LLC, has further strengthened its engineering
team
with the addition of Dr. The words "forecast", "project", "intend", "expect",
"should",
"would", and similar expressions and all statements, which
are not historical facts, are intended
to identify forward-looking
statements. Since its
inception in 1946, the company has manufactured
and delivered more
than 10,000 aircraft worldwide.cessna airco
Dr. Today, 7,000 customers in the United
States
and 1,000 more overseas fly these proven, high-performance
airplanes.sukhoi stancil
Lee has focused on
advanced
flight controls, having published research in a number of
peer reviewed journals including the AIAA
Journal of Guidance,
Control, and Dynamics.globetel."
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. based in Needham, MA.haguenau klingair
The above are
more fully discussed in the
Company's SEC filings. and has received fees for services, including
a monthly base of five thousand dollars plus expenses, paid in cash.r44 6a
sanswire.
Aerospace Writers
/Business Editors
KERRVILLE, Texas----Mooney
Aerospace Group, Ltd. is a general aviation holding
company
located in Kerrville, Texas.
topflight yakovlev
We look forward to
building a diversified shareholder
base and increasing liquidity
through this partnership.Cessna Marks Milestone for Citation CJ1+ and
CJ2+; Popular New Aircraft Start Down Production Line
Textron is known around the world for its
powerful brands such as Bell Helicopter, Cessna Aircraft, Jacobsen,
Kautex, Lycoming, E-Z-GO and
Greenlee, among others.airco r44
His bio will be added
to the Sanswire website. For more information, visit
www.com
OTC Financial Network serves as special advisor to Mooney
Aerospace Group Limited
.otcfn. The company leverages its global network of aircraft,
industrial and finance businesses to
provide customers with innovative
solutions and services.stancil cessna
He has been involved in a number of
exotic
aircraft design programs, including a commercial tilt-rotor
project.mooney.
Cessna Aircraft Company
is a subsidiary of Textron Inc.paramotor klingair
One of the first aircraft he built was a Rutan
designed Long-Eze
in the early 1980's. 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
.----Marking another
milestone for its leading lineup of Citation business jets, Cessna
Aircraft
Company, a subsidiary of Textron Inc (NYSE: TXT) announced
that it is has begun production line flow
of its new Citation CJ2+ and
will soon begin production line flow of its new Citation CJ1+.yak sukhoi
GlobeTel
Announces Hiring of Top Electrical Engineer for Sanswire
Business Editors/High-Tech Editors
MIAMI----GlobeTel Communications
Corp. 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. More information
is available at www.cessna.maule aviat
Lee is an instrument rated commercial
pilot with licenses in
airplanes, helicopters, and gliders.
Dr. In his role as a Controls
engineer
at NASA Dryden, Dr., to implement a comprehensive investor
relations program. 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. OTC Financial Network is a division of
National Financial
Communications Corp. Information or
opinions in this release are presented solely for informative
purposes, and are not intended nor should they be construed as
investment advice. Textron is
a
$10 billion multi-industry company with 44,000 employees in 40
countries.seaplanes qwest
Lee adds significant
depth to the Sanswire team.
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.
The Citation CJ1+, CJ2+ and CJ3 production lines have been
combined to take advantage of part commonality and increased
efficiency - a consolidation enabled
by Cessna's lean manufacturing
advancements. Therefore, Cessna can build any CJ1+, CJ2+ or
CJ3
airframe on the same advanced production tooling.jn sukhoi
Since that time, he has
designed, built, modified
, flight tested or flown a Corbin Ace, Aviat
Husky, Pitts Special aerobatic plane, a World War One
Travelaire and
Tiger Moth, a Robinson R22 Helicopter, Bell Jetranger Helicopter,
Schwietzer 300
Helicopter, Grob 103 Glider, Nimbus 2 glider, Duchess
Twin airplane, North American T6, Extra 300
aerobatic plane, and
numerous Piper and Cessna aircraft, as well as a hot air balloon.Mooney Aerospace
Group Retains OTC Financial Network for Comprehensive Investor Relations Campaign
For more
information
visit www. The first Citation CJ1+ is expected
to begin production line flow in March 2005.jn r22
Lee will
serve as the Senior Electrical Engineer for Sanswire. He trained at Stanford University as well
as
The University of Colorado, Boulder in aerospace engineering, at
The University of Southern California
in electrical engineering and
has multiple advanced degrees.com
About Mooney Aerospace Group
Limited
Mooney Aerospace Group, Ltd.
The Citation CJ2+ also continues to progress on schedule
.jn yak
Timothy Huff, Chief Executive Officer of GlobeTel commented, "Dr.
He has over twenty years experience
in a number of areas of aerospace
and electrical engineering.com
Certain statements in this
release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private Placement
Act of 1995.
This is
not an offer to buy or sell securities.haguenau stancil
Lee has the honor of the most time
manually piloting NASA
's X-37 aerospace plane high fidelity simulator.net or
http://www.nationalfc. Full disclaimer information
can be found online at
http://www. First flight is anticipated in March 2005, certification in the
fourth quarter of 2005, and first customer deliveries in the second
quarter of 2006.stancil l39
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. 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. This
sophisticated technology allows Cessna to adjust Citation
CJ1+, CJ2+
and CJ3 production rates more efficiently, and deliver airplanes to
customers with
shorter lead times.
qwest r22
He is a gifted
engineer and also has a wide range of capabilities
that allow us to
continue to build a strong, yet nimble team. Over the past half dozen years, Dr
."
J.com/mnyg/disclaim.sukhoi aviat
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. Mr.
On February
11, 2005, the first Citation CJ2+ began its move down
the production line.yak qwest
Dr.
Additional units
will begin moving down the line in the third quarter
at regularly scheduled intervals. These forward
-looking statements speak only as of
the date on which they are made, and Cessna and Textron undertake
no
obligation to update or revise any forward-looking statements.jn seaplanes
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