Virgin Atlantic Airways Selects SolArc Solution for Jet Fuel Management; First International Airline to Manage Fuel Procurement and Hedging Program in One Solution.

HOUSTON -- SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the aviation industry, announced today that Virgin Atlantic Airways has selected the SolArc RightAngle solution to manage their jet fuel supply.

Jonathan Pardoe, Head of Fuel Management for Virgin Atlantic, said, "Virgin Atlantic Airways is always looking for innovative ways to raise the level of success when running an airline year after year in an efficient and profitable manner. SolArc RightAngle will give the airline that opportunity with a proven solution that will manage our physical and financial hedging requirements in one system. No other international airline is doing that. Additionally, we will also be able to look at the history of the data from the fuel consumed on each flight and be able to perform extensive budget forecasting and scenario analysis against planned usage."

Since it was founded 21 years ago, Virgin Atlantic Airways has become Britain's second largest carrier, serving the world's major cities. Now based at London Gatwick, London Heathrow and Manchester airports, Virgin operates long haul services to twenty-six destinations worldwide as far reaching as Las Vegas, Dubai and Sydney and carries over 5 million passengers per year.

"We did a complete evaluation of fuel supply management solutions and chose SolArc RightAngle because of its strength in capturing the physical side of the aviation business and then using that information as the foundation to properly hedge the market price risk exposure on our fuel contracts," said Pardoe.

SolArc RightAngle will provide Virgin Atlantic with an automated budget and forecast creation capability. They will be able to integrate with the flight schedule to generate volume requirements to automatically create an accurate budget and various cost scenarios using a range of projected price curves. When actuals for the month are in - Virgin Atlantic will be able to compare actuals vs. budget, forecast, or prior year to understand the differences, as well as other analysis.

"We are very excited to work with such a distinguished airline like Virgin Atlantic. They are leaders in the airline industry and they realize that by choosing an integrated fuel supply management solution in today's competitive environment they are ensuring their long-term survival and success," said Brad Anderson, SolArc's CEO.

About Virgin Atlantic Airways

Virgin Atlantic has enjoyed huge popularity, winning top business, consumer and trade awards from around the world. The airline has pioneered a range of innovations setting new standards of service, which its competitors have subsequently sought to follow. Despite Virgin Atlantic's growth the service still remains customer driven with an emphasis on value for money, quality, fun and innovation.

Virgin Atlantic currently has a fleet of 33 aircraft which includes thirteen 747s and seven A340-300s and thirteen A340-600s.

About SolArc, Inc.

SolArc, Inc. is a leading provider of supply, trading and risk management solutions for global commodities companies. The flagship product, SolArc RightAngle, integrates deal capture, scheduling, inventory management, pricing, accounting, position reporting and risk analysis in a single platform solution. SolArc's products work with existing information systems including corporate ERP systems to provide customers with a flexible solution that leverages their existing systems' infrastructure. Customers receive competitive advantages from reduced transaction costs and improved commodities procurement and trading decisions based on accurate position reporting and inventory management. Headquartered in Houston, SolArc also has offices in Tulsa, Oklahoma, London, Singapore, Beijing, and Hong Kong. For more information on SolArc's products, visit www.solarc.com.