CLEARWATER, Fla., Aug. 28, 2007 (PRIME NEWSWIRE) -- Avantair Inc. (OTCBB:AAIR) (OTCBB:AAIRU) (OTCBB:AAIRW) ("Avantair"), the only publicly traded stand-alone fractional operator and the exclusive provider of fractional shares in the Avanti P.180 aircraft, today announced that it will release its financial results for the fourth quarter and fiscal year 2007 ended June 30, 2007 after the stock market close on Tuesday, September 4, 2007.
Following the press release, Chief Executive Officer Steven Santo and Chief Financial Officer John Waters will hold a conference call with the financial community at 5:00 p.m. Eastern on the same day to review the Company's financial results and provide an update on business developments.
Interested parties may participate in the conference call by dialing 800-240-4186 (303-262-2190 for international callers). When prompted, ask for the "Avantair Inc. Fourth Quarter Earnings and Fiscal Year 2007 Conference Call." A telephonic replay of the conference call may be accessed approximately two hours after the call through September 11, 2007, by dialing 800-405-2236 (303-590-3000 for international callers). The replay access code is 11096407#.
The conference call will be webcast simultaneously on the Avantair Inc. website at www.avantair.com under Investors. The webcast replay will be archived for 12 months.
ABOUT AVANTAIR
Headquartered in Clearwater, FL, Avantair Inc. is the exclusive North American provider of fractional aircraft shares in the Piaggio Avanti P.180 aircraft. Avantair is the fifth-largest company in the North American fractional-aircraft industry and the only publicly traded stand-alone fractional operator. As of July 31, 2007, the company managed a fleet of 37 planes with another 48 Piaggio Avanti IIs on order. It also recently announced an order of 20 Embraer Phenom 100s. Avantair, with operations in five states and approximately 290 employees, offers private travel solutions for individuals and companies at a fraction of the cost of whole aircraft ownership.