Renegade's Hamilton Aerospace Subsidiary Receives FAA's Coveted Diamond Award


TUCSON, Ariz., May 8, 2003 (PRIMEZONE) -- Renegade Venture (NEV.) Corporation (OTCBB:RDVN) today announced that its wholly owned subsidiary, Hamilton Aerospace Technologies and certain of its employees have received highly coveted awards from the Federal Aviation Administration (FAA).

Under its Aviation Maintenance Technician (AMT) Awards Program, the FAA has issued award certificates to 77 Hamilton Aerospace Technologies employees. The FAA's AMT Award Program recognizes excellence in continuing technical training. Additionally, in recognition of exceptional support for continuing technical training, the FAA has awarded Hamilton Aerospace the coveted Diamond Award, the Program's highest-level award.

Hamilton Aerospace President John. B Sawyer emphasized that, "These awards are highly prestigious and we are very proud of them and of our employees. They not only do us great honor, but also clearly demonstrate the phenomenal progress Hamilton Aerospace has made in less than 13 months of existence and the quality of our workforce. By comparison, the company that occupied these facilities before us, Hamilton Aviation, never received these awards in its 54-year history. These awards illustrate, better than we could ever say it, why our critical competitive advantages are reliability and high quality."

About Hamilton Aerospace Technologies

Hamilton Aerospace provides maintenance, engineering and modification services for large passenger jet aircraft to scheduled and charter airlines and aviation leasing companies. Hamilton Aerospace holds a Federal Aviation Administration (FAA) Part 145 Air Agency Certificate, which allows it to perform such services. Hamilton operates from facilities comprising about 21 acres located at Tucson International Airport. These facilities include hangars, workshops and other buildings. Notable Hamilton customers include United Parcel Service, a Boeing Company joint venture, Jetran International, DHL Worldwide Express, Pegasus Aviation, Ryan International Air and Falcon Air Express.

Shareholders -- Join Our New Member Website!

Renegade's member website is located at www.renegadeventurecorp.com, and shareholders and other interested persons are urged to join. Members receive the Renegade Aviation Newsletter, email alerts of press releases and SEC filings, and other great benefits. Membership is absolutely free and it only takes a couple of minutes to join at www.renegadeventurecorp.com/register.htm. The Hamilton Aerospace website is located at www.hamaerotech.com.

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