SEATTLE, June 5, 2007 (PRIME NEWSWIRE) -- Exosphere Aircraft Company, Inc., (Pink Sheets:EXSA) announced today their attendance of the EAA's AirVenture 2007 in Oshkosh, WI. Exosphere will exhibit at Oshkosh in conjunction with BedeCorp, unveiling further details of the BD-22 and BD-22S. Although this is Exosphere's first time exhibiting at Oshkosh, Jim Bede is one of the icons of the convention.
The week-long fly-in convention is an international gathering place for aviation enthusiasts, as well as the world's largest annual convention of any kind. EAA AirVenture Oshkosh is a showcase of evolving aircraft and aviation technologies, providing Exosphere and BedeCorp an opportunity to expose their recent innovative contributions to the world of aviation.
The Experimental Aircraft Association (EAA) was founded on January 26, 1953 in Milwaukee, WI, as a local club for those who built and restored their own aircraft. It quickly grew to include anyone who enjoys flying for recreation and welcomes all aviation enthusiasts to participate, including 170,000 members in more than 100 countries. EAA AirVenture Oshkosh continues to grow year after year, with new exhibit hangars and expanded facilities to serve the more than 750,000 aviation enthusiasts who attend the event annually.
BedeCorp LLC is a family aircraft design and manufacturing business operating from Medina, OH. BedeCorp's recent work on the BD-17 and BD-18 bring Jim Bede full-circle, redefining design techniques he pioneered that propelled the homebuilt aircraft industry into the 21st century.
About Exosphere Aircraft Company
Exosphere Aircraft Company is a light-sport aircraft design and manufacturing company, pioneering new and innovative airplanes for the private builder. Exosphere aims to provide the marketplace with planes that meet the majority of consumer needs, finding ways to incorporate fuel efficiency, weight limitations, plane performance and current design trends into new planes.
Safe harbor statement under the private Securities Litigation reform Act of 1995
This news release contains forward-looking statements, including statements regarding Exosphere's expectations about successfully designing and manufacturing aircraft, expanding its business and securing significant additional customers for its products. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from future results expressed or implied in such statements. These risks and uncertainties include the inability to manage expected growth, the failure to meet scheduled manufacturing deadlines, the failure to realize the increased revenues and improved operating margins that the Company has associated with the sales of aircraft and airplane parts, the loss of any key personnel, tightening aircraft regulations by the FAA, the loss or non-performance of our sales representatives, unfavorable results of existing and potential litigation, and the possibility that competitors could develop aircraft designs or manufacturing practices that erode Exosphere's favorability in the marketplace. The Company disclaims any obligation to update any such factors or to announce publicly that results of any revisions to any of the forward-looking statements contained in this news release.