Precision Aviation Group (PAG) Launches New Business Rotorcraft Services Division at Gardner Aviation Services (GAS)

Feb. 10, 2012

ATLANTA, Feb. 9, 2012 (GLOBE NEWSWIRE) -- Atlanta-based Precision

Aviation Group (PAG), a leading provider of products and value-added

services to the Worldwide Aerospace and Defense industries, announces

the launch of the Rotorcraft Services Division at its subsidiary

Gardner Aviation Services (GAS). This Division will provide

Helicopter-specific Avionics Upgrades/Installs, Airframe Maintenance,

and MRO services at GAS' 35,000 square foot facilities located at the

Atlanta Regional Airport (KFFC), in Peachtree City, Georgia.

David Mast, PAG President and CEO said: "We are excited about the

launch of the Rotorcraft Services Division. GAS has been performing

Avionics upgrades/installs, retrofits, and airframe maintenance on

Helicopters for over 18 years. However, similar to our other business

units, we wanted to differentiate the Rotary Wing from the Fixed Wing

business. Helicopter customers' requirements are typically different

from those of their Fixed Wing counterparts. When GAS was acquired in

March of 2011, Management knew that it wanted to expand the number of

Helicopters that GAS serviced. A void in our geographic market, as well

as having a complimentary MRO services business in the Rotary Wing

space - Precision Heliparts (PHP) - makes this a natural fit."

Karl Gardner, President of GAS said: "To run the Division, we have

hired two Helicopter Industry Veterans -- Mark Tyler (formerly of

Omniflight) as our Director of Maintenance, and -- Richard (Andy)

Rucker (formerly of Air Methods) as our QC Manager. This gives us a

solid Rotorcraft Team that has already produced outstanding results in

a few short months. We have made substantial investments in Helicopter

specific tooling and Factory Training for our Technicians on the

aircraft they will be servicing. We are excited about the way this

business has already grown, and look forward to the future."

About Precision Aviation Group: PAG is a leading provider of products

and value-added services to the Worldwide Aerospace and Defense

industry. With 150,000 square feet of sales/service facilities in the

United States and Canada, PAG uses its distinct business units and

customer focused business model to serve aviation customers through two

business functions -- Aviation Supply Chain and its trademarked

Inventory Supported Maintenance, Repair and Overhaul -- ISMRO(R).

PAG provides MRO and Supply Chain services for Fixed and Rotary-wing

aircraft through Precision Heliparts - PHP (www.heliparts.com), Gardner

Aviation Services - GAS (www.gardneraviation.com), Precision

Accessories & Instruments - PAI (www.precisionaccessories.com),

Precision Heliparts Canada -- PHP-C (www.heliparts.ca), Precision

Accessories & Instruments Canada -- PAI-C

(www.precisionaccessories.ca), and Aero Technology -- ATI

(www.aerotechnology.org). PAG has MRO capabilities on over 10,000

products, including Accessories, Avionics, Hydraulics, Instruments,

NDT, Starter/Generators, and Wheels/Brakes --

(www.precisionaviationgroup.com).

A file accompanying this release is available at

http://media.globenewswire.com/cache/18991/file/12495.png

The Precision Aviation Group logo is available at

http://www.globenewswire.com/newsroom/prs/?pkgid=11615