American Utilicraft Corporation And Metalcraft Technologies, Inc., Enter Into Formal Agreement For Production of Fuselage and Empennage Sections.

LAWRENCEVILLE, Ga. -- American Utilicraft Corporation (OTC: AMUC) -- Metalcraft Technologies, Inc. (MTI) and American Utilicraft Corporation have entered into an Aircraft Sub-Assembly Manufacturing Agreement for the manufacture of the fuselage and empennage sub-assemblies for the Prototype, First Article and the first 528 Production FF-1080 aircraft.

As a result, construction of the center fuselage section for the Prototype FF-1080 aircraft is expected to begin by mid November of this year.

Both companies are conducting on-going comprehensive meetings finalizing construction and production details for the Prototype aircraft assemblies.

Details of the near-term progress of the construction of the Prototype center fuselage assembly, as well as the construction of the other assemblies, will be the topic of a series of on-going joint-releases by AMUC and MTI that will track the schedule and milestones of the Prototype FF-1080 aircraft -- leading to first flight.

Under the terms of the agreement, MTI will provide the following for the initial FF-1080 developmental prototype and first article test aircraft, and 528 production FF-1080 aircraft:

--Manufacture of all of the details for the forward, center, and aft fuselage and empennage assemblies.

--Design and manufacture of all required assembly jigs and fixtures.

--Assembly of the forward and aft sections of the fuselage (including horizontal and vertical stabilizers) at their facility in Cedar City, Utah.

--Technical assistance and supervision for the assembly of the center fuselage at the American Utilicraft facility.

--Technical assistance and supervision for the mating of the forward, center, and aft fuselage, and empennage assemblies at the American Utilicraft facility.

About Metalcraft Technologies

MTI is a full-service, vertically integrated, aerospace components manufacturer specializing in fabrication of sheet metal parts, machining of precision parts, processing/finishing parts, and production of both minor and major structural assemblies.

MTI provides parts and components to nearly all the major aircraft manufacturers and has participated in numerous prototype/flight test article programs for new aircraft designs. MTI has an AS9100 approved Quality system and is Nadcap certified for Dye Penetrant Testing, Heat Treatment, and Plating/Painting.

About American Utilicraft Corporation

American Utilicraft Corporation was formed in 1990, to target the significant problem of addressing the overnight express, supply chain, e-commerce, and global third party logistics entities inability to provide effective "containerized" fulfillment and distribution in the short haul (or feeder) route segments of air cargo. The result of the Company's research and development is a new air vehicle, the FF-1080 Freight Feeder aircraft, capable of carrying standard industry air containers on short-to-medium range/medium density routes, and an integrated air cargo information system for the freight feeder market. For more information visit the Company's website at www.utilicraft.com.

Safe Harbor Statement

This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release involve risks and uncertainties and reflect the company's current views with respect to possible future events. Readers are cautioned that no forward-looking statement can be guaranteed and actual results or events may materially differ from those projected or anticipated. In particular, the following factors, among others, could cause actual results or events to differ materially from those described in the forward-looking statements: the company's ability to obtain and fulfill contracts for the sale of products, protect intellectual property rights and manage future growth; market acceptance of future products; product supplier delays; design and engineering certification delays or denials; and the introduction of similar products by competitors. Any forward-looking statement made in this press release is made as of the date of this press release, and the company assumes no obligation to update any such forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect the company's business.