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Press release

Technometra will participate on production of landing gears for American companies Epic and Cirrus

18/12/2008

Press releaseIssued by Aero Vodochody (Technometra Radotin).

Shortly before the end of the year, Technometra Radotín, a traditional producer of landing gears based in Prague, Czech Republic, won two new orders – for production of landing gears for the LT aircraft for Epic Aircraft and for production of landing gear dampers for the SR22(20) aircraft for a second American company Cirrus Design.

"We are proud of our recent success in winning the two orders despite the recent financial crisis temporarily affecting the world economy, and that we can further develop the production of critical aircraft structures which we have been specializing on for more than 70 years – the production of landing gears and their components," said Ladislav Simek, CEO of Technometra. Deliveries for Cirrus will start in February 2009, for Epic in March 2009.

"This year, Technometra has year-on-year increased its revenue by 50% and in following two years, this growth rate will get even higher. At the same time, we plan to hire several dozens of new employees in 2009 in the context of these and other new projects," added Simek.

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