Alpine Air Initiates 24 Hour Flight Monitoring; Real Time Fleet Tracking Maximizes Flight and Maintenance Efficiencies.

Business Editors

PROVO, Utah--(BUSINESS WIRE)--Aug. 5, 2002

Alpine Air Express, Inc., (OTCBB:ALPE) a leading provider of regional air cargo transport and logistics services, today announced that it has implemented a new fleet monitoring program that enables continuous tracking of its entire fleet on a 24/7 basis. Real time knowledge of each aircraft enables more efficient routing of flights, improved reliability, and quicker response to aircraft maintenance requirements. As part of the program, Alpine has established a new Central Communications Department to utilize tracking equipment that connects directly to the Air Route Traffic Control Center radar system and provides the same flight monitoring information used by air traffic controllers across the US.

Bill Distefano, President of Alpine Air Express, commented: "The flight monitoring capability we have implemented is the same program utilized by major air service companies and provides continuous, real time monitoring of our entire fleet. This program enables improved and faster communication that allows us to better route our aircraft, maximize flight efficiencies, and improve utilization of our fleet. It also reduces downtime by enabling faster response to mechanical problems and maintenance requirements. With the ability to more rapidly and efficiently meet the needs of our customers, we are now even better positioned to fully capitalize on new business opportunities and further leverage our competitive advantages of flexibility, reliability and superior customer service."

Founded in 1975, Alpine Air Express provides competitively priced scheduled air cargo flights throughout the Western United States and Texas. The Company has an established client base that includes various contract operations for the United States Postal Service, freight forwarders, and other cargo and logistics firms. Alpine provides superior "on time" performance and reliability, together with the flexibility to adapt quickly to the growing frequency and capacity requirements of its clients.

This press release may contain forward-looking statements including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, the successful completion of the proposed leasing transaction, changes in anticipated earnings of the Company and other factors detailed in the Company's filings with the SEC, including its most recent Form 10-Q and Form 10K. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public.