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AAI Acquisition, Inc. announces new business services

AAI Acquisition, Inc. (AAIA) announced today it will begin providing engineering and manufacturing services to companies and organizations seeking composite design and technology expertise.

Tom Bisges, chief operating officer of AAIA, said the company has begun marketing its services to companies in the aerospace industry, as well as firms in the custom automotive sector, green energy developers and others that can benefit from the application of cutting edge, proven composite design and construction. "

Over the past decade this company has developed unique capabilities in its work designing and building new aircraft," Bisges said. "Now we are expanding our business portfolio to include engineering design, test and certification services as well as composite product manufacturing and traditional machining."

"With the current economic situation," Bisges continued, "we have decided to suspend our aircraft flight test and manufacturing activity until conditions become more favorable. As a result, we are now in a position to market our composite capabilities to clients needing those services."

Bisges said engineering development efforts on the A700 are continuing at a reduced level. He said AAIA is seeking strategic relationships to bring the A700 to market as the overall economy recovers.

In addition to developing the A700, AAIA had previously designed and certified the A500 piston twin, another all-composite aircraft. In developing these aircraft, AAIA has become highly experienced in composite product design and construction using modern Computer Assisted Design (CAD) modeling and semi-automated manufacturing techniques. A detailed listing of their skills and capabilities is located at http://www.aaiacquisition.com.

Bisges said AAIA has developed a low cost, "out of autoclave" composite manufacturing technology that has been approved by the Federal Aviation Administration.

Key to AAIA's design, prototyping and certification successes are proprietary, rapid tooling solutions that enable expedited design validation. Bisges said these are some of AAIA's capabilities that outside clients are likely to find particularly valuable.

Owned by Industrial Investors Group, (see http://www.industrial-investors.com/), AAIA is an aircraft design and manufacturing company based at Centennial Airport in Englewood, CO. AAIA was formed to develop and produce the A700, an all-composite Very Light Jet (VLJ).

Designed for the business aircraft and emerging air taxi markets, the A700 is a twin-engine jet with a maximum cruising speed of greater than 340 knots. It will seat seven, including the pilot, and cruise at altitudes up to FL410.

Press release issued by on November 24, 2008


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