ABX Air and Innovative Solutions and Support Sign Exclusive Distributor Agreement For DC-9 Aircraft RVSM Retrofit Certifications.
EXTON, Pa.--(BUSINESS WIRE)--Oct. 1, 2003
Innovative Solutions & Support, Inc. (NASDAQ:ISSC) today announced they have entered into an exclusive distributor agreement with ABX Air (OTC/BB:ABXA) to pursue DC-9 aircraft RVSM (Reduced Vertical Separation Minima) certification business. The agreement couples an ABX Air developed turnkey installation approach for DC-9 RVSM certifications with Innovative Solutions and Support's proven RVSM compliant altimetry equipment.
Innovative Solutions and Support's President, Roman Ptakowski, today said the agreement provides DC-9 owners and operators with a single point of contact for a proven RVSM solution. The turnkey approach offered by ABX Air and ISSC, along with RVSM certification through AeroMech, Inc. features full compliance with minimum downtime. Installations can be performed at ABX Air facilities or remote locations.
RVSM compliance requires highly accurate, independent sources of altitude information for operation between flight levels of 29,000 and 41,000 feet. The ISSC Air Data Display Unit, designed with retrofit installations in mind, provides the required precision and increased in service reliability.
"This distributor agreement is an example of the programs we can produce to diversify ABX Air's revenue base," said Mike Kuli, Vice President, Business Development, of ABX Air. "Our solution along with ISSC's hardware enables the many operators flying DC-9's worldwide to become compliant with RVSM quickly and easily."
Headquartered in Exton, PA. Innovative Solutions & Support, Inc. (www.innovative-ss.com) designs, manufactures and markets flight information computers, large flat-panel displays and advanced monitoring systems that measure and display critical flight information. This includes data relative to aircraft separation (RVSM, Reduced Vertical Separation Minimum), airspeed and altitude as well as engine and fuel data measurements.
ABX Air (www.abxair.com) became a publicly traded company following the acquisition of its parent, Airborne, Inc., by DHL Worldwide Express in August. ABX Air is a cargo airline operating out of a privately owned airport in Wilmington, Ohio, to approximately 260 destinations throughout the United States. In addition to providing airlift capacity to DHL/Airborne Express, among others, the company, which has a fleet of 116 aircraft, also performs airframe and component maintenance and repair services and technical services for other airlines and maintenance repair organizations.
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|Date:||Oct 1, 2003|
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