B/E Aerospace Delivers First Upholstered Seats for Embraer Legacy Business Jet.Business & Travel Editors WELLINGTON, Fla.--(BUSINESS WIRE)--Oct. 3, 2001 B/E Aerospace, Inc. (Nasdaq:BEAV BEAV Binary Editor and Viewer ) today announced that it has delivered the first fully upholstered seats for the new Embraer Legacy business jet. B/E is the preferred seat supplier for the Legacy. As previously announced, under a contract with Nordam Interior Integration, B/E is providing newly-designed single and double seats for forward and aft facing installations, along with a fully 16G-certified side-facing 3-place divan. B/E is also supplying LED reading lights, fluorescent lighting products and crew oxygen systems for the aircraft. The Legacy program could produce sales of up to $52 million for B/E through 2009, based on expected production levels for the aircraft. "The Embraer program is another of our successful `turn-key' upholstery upholstery, general term for household fittings, hangings, curtains, cushions, and covers. It refers to stuffed, padded, and spring-cushioned furniture, such as chairs and sofas, or to the usually decorative materials and fabrics that cover them. programs," said Chuck Barresi, Director of Sales and Marketing for B/E Aerospace. "In addition to seat design and manufacturing, B/E provides seats which are upholstered, certified and ready to install in the aircraft. By delivering a finished product, we have reduced transactional costs and certification issues for Nordam." This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve risks and uncertainties, and B/E's actual experience may differ materially from that anticipated in such statements. Factors that might cause such a difference include those discussed in B/E's filings with the Securities and Exchange Commission, including but not limited to its most recent proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. , Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Form 10-Q Form 10-Q See 10-Q. . For more information, see the section entitled "Forward-Looking Statements" contained in B/E's Form 10-K and in other filings. B/E Aerospace, Inc. is the world's leading manufacturer of aircraft cabin An aircraft cabin is the section of an aircraft in which passengers travel, often just called the cabin. At cruising altitudes, the surrounding atmosphere is too thin to breathe without an oxygen mask, so cabin pressurization adapts the cabin to atmospheric pressures. interior products, serving virtually all the world's airlines and aircraft manufacturers. B/E designs, develops, manufactures, sells and services a broad line of passenger cabin interior products for both commercial and business/VIP aircraft and provides interior design, reconfiguration and conversion services to its customers throughout the world. With annual revenues exceeding $700 million, the company employs more than 4,000 people worldwide. For more information, visit B/E's web site at http://www.beaerospace.com. Contacts: Aviation journalists: Jenny Kemp Haget Phone: 305/459-6035 Other media and investors: Max Kuniansky Phone: 561/791-5000 |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion