Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

FLYHT Signs and Ships Dragon(TM) to Launch Customer

CALGARY, ALBERTA--(Marketwired - Dec. 10, 2013) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY) ("FLYHT" or the "Corporation") is pleased to announce the sale and shipment of five of its recently released Dragon products to DAC Aviation International Ltee./DAC Aviation (EA) Ltd. ("DAC").

The Dragon is a revolutionary, lightweight, portable satellite communications device that blends existing FLYHT technology with that of the iPad. DAC plans to deploy the Dragon immediately on five Cessna Caravan Aircraft to provide voice and data services in support of their humanitarian missions in Africa.

Alain Desrochers, President of DAC stated: "The Dragon is the ideal solution for our challenging theatre of operations. DAC maintains very high standards for safety and operational control and the Dragon's voice capability and iPad interface for text messaging set it apart from other basic tracking systems." 

Bill Tempany, President and CEO of FLYHT stated: "We are very excited to support DAC's growing operation in Africa. The fact that the Dragon requires no Supplemental Type Certificate allows DAC to begin operational use of the Dragon immediately. The Dragon is perfect for the light aircraft and helicopter market that requires a voice, tracking and text solution, similar to the air transport market, though does not require installation."

If DAC utilizes the full suite of services on all contracted Dragons for the full term of the agreement, gross revenue to FLYHT will be approximately $95,000 USD.

About DAC Aviation International Ltee./DAC Aviation (EA) Ltd.

DAC Aviation was founded on an unwavering determination to make a difference. Celebrating its 20th anniversary this year, DAC Aviation International (DAC) is a provider of aircraft charter and maintenance, repair and overhaul (MRO) services with expertise in serving aid and relief agencies in remote and conflict-affected areas. DAC's headquarters and facilities for aircraft engine MRO are located in Montreal, Canada. DAC's principal base of operations and home to its fleet of aircraft is in Nairobi, Kenya (secondary bases are located in the Democratic Republic of Congo, Somalia, Mali, Chad, Ivory Coast, Sudan and South Sudan). For more information, please visit www.dacaviation.com.

About FLYHT Aerospace Solutions Ltd.

FLYHT provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real time. If an aircraft encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The Dragon is FLYHT's latest product, a revolutionary light weight portable satellite communications device that blends existing FLYHT technology with that of the iPad.

AFIRS, UpTime, the Dragon FLYHT, FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.

Join us on social media!

www.facebook.com/flyht 

www.twitter.com/flyhtcorp 

www.slideshare.net/flyhtcorp

www.youtube.com/flyhtcorp

www.flyht.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FLYHT Aerospace Solutions Ltd.
Thomas R. French, CGA
VP Finance and CFO
(403) 291-7427
tfrench@flyht.com

Investor Relations:
The Howard Group Inc.
Dave Burwell
Senior Associate
(888) or (403) 221-0915

Bristol Institutional Relations
Glen Akselrod
President
(905) 326-1888

Kin Communications Inc.
Fred Leigh
(866) or (403) 684-6730
FLY@kincommunications.com



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today