AFIRS(TM) Selected by Datang Mobile Aviation Group for ARJ21 OEM Install
December 03 2013 - 8:27AM
Marketwired
AFIRS(TM) Selected by Datang Mobile Aviation Group for ARJ21 OEM
Install
CALGARY, ALBERTA--(Marketwired - Dec 3, 2013) - FLYHT Aerospace
Solutions Ltd. ("FLYHT") (TSX-VENTURE:FLY) are pleased to announce
that we have agreed to provide through Datang Mobile Aviation
division, the AFIRS™ 228 real-time data communications and SATCOM
solution complete with FLYHTStream. The system for Satcom voice and
all other data services has been successfully installed on the
ARJ21 and used during icing tests for the final validation of the
Type Certificate for this aircraft. The ARJ21 has been under
development by COMAC and certification testing by AVIC for several
years and to date, has orders 415 units from Chinese airlines,
customers in Pakistan and various African countries. The first
customer deliveries of the aircraft are expected in late 2014.
Mr Dong, General Manager of Datang Aviation stated that, "We are
very pleased to be part of the role out of this major milestone in
Chinese aviation history and our work with FLYHT has been very easy
to come to a mutually beneficial solution for COMAC."
The AFIRS System will be standard fit on the production aircraft
and will be used for performance measurement, warranty data
monitoring as well as communication with the operations groups in
the airline and air traffic control as allowed by regulation. It is
anticipated that all customers will activate the data services on
the aircraft to take advantage of the cost savings offered by the
AFIRS UpTime solution set.
Mr. Wu of AVIC stated that, "The performance of the AFIRS unit
during our trials was superb and we are excited to be providing
this state of the art capability to our customers as part of our
standard delivery. We are also pleased that the AFIRS unit will
provide an approved solution to the Satcom mandate in China."
Bill Tempany, President and CEO of FLYHT stated: "This is a
major milestone for our company. We told our investors that we were
working to sign new commercial OEM's to our technology and this is
a little ahead of schedule, which is unusual in our industry. We
are very proud to be a part of the exciting future that COMAC and
AVIC have embarked upon with this inaugural commercial aircraft
launch."
We currently have an order for 4 units for final test and first
delivery aircraft and the value of that order including 5 years
services for these units is $560,000. When all 415 units have been
delivered, the total value over the next 5 years for this agreement
including services will be in excess of $40,000,000 USD. Those
values will be achieved if all installation occur on time and the
customer uses the services anticipated.
AFIRS and its companion product UpTime is in use in more than 40
aircraft operators globally, installed on more than 400 aircraft
and currently operating on more than 300 in the field today. Other
products offered by FLYHT enhance the operational effectiveness of
their customers and is a highly regarded product amongst FLYHT's
customer base.
About Datang Mobil Aviation Group
Datang Mobile is a core subsidiary of the Datang Telecom
Technology and Industry Group (more commonly referred to as he
Datang Group), a large high-tech group of companies under the
auspices of the State-owned Assets Supervision and Administration
Commission of the State Council (SASAC). As the developer of
TD-SCDMA, a home-grown international 3G standard, Datang Mobile is
actively engaged in the development of the associated core
technologies and in the promotion of commercial applications. With
the goal of delivering a communication engine with boundless
possibilities, and with corporate values revolving around
innovation, market orientation, integrity and responsibility,
Datang Mobile is vigorously pursuing the development of TDD
wireless communication and associated technologies and
applications, with a particular emphasis on the convergence of TDD
wireless communication solutions, the Internet of Things and mobile
internet. Datang Mobile has a primary focus on boosting the
commercialization of TD-SCDMA and associated TD-LTE technologies on
both the domestic and international markets.
About COMAC
The Commercial Aircraft Corporation of China, Ltd. (COMAC) is a
state-owned company, which is formed with the approval of the State
Council and jointly invested by the State-owned Assets Supervision
and Administration Commission (SASAC) of the State Council,
Shanghai Guosheng (Group) Co., Ltd., Aviation Industry Corporation
of China (AVIC), China Aluminum Corporation (CHINALCO), Baosteel
Group, and Sinochem Group. With a registered capital of RMB 19
billion.COMAC was held on May 11th, 2008.COMAC is headquartered in
Shanghai. COMAC functions as the main vehicle in implementing large
passenger aircraft programs in China. It is also mandated with the
overall planning of developing trunk liner and regional jet
programs and realizing the industrialization of civil aircraft in
China. COMAC is engaged in the research, manufacture and flight
tests of civil aircraft and related businesses such as marketing,
servicing, leasing and operations of civil aircraft.
About FLYHT Aerospace Solutions Ltd.
FLYHT provides proprietary technological products and services
designed to reduce costs and improve efficiencies in the airline
industry. The Company has patented and commercialized three
products and associated services currently marketed to airlines,
manufacturers and maintenance organizations around the world. Its
premier technology, AFIRS™ UpTime™, allows airlines to monitor and
manage aircraft operations anywhere, anytime, in real time. If an
aircraft encounters an emergency, FLYHT's triggered data streaming
mode, FLYHTStream™, automatically streams vital data, normally
secured in the black box, to designated sites on the ground in
real-time. The Dragon is FLYHT's latest product, a revolutionary
light weight portable satellite communications device that blends
existing FLYHT technology with that of the iPad.
AFIRS, UpTime, the Dragon, FLYHT, FLYHTStream and AeroQ are
trademarks of FLYHT Aerospace Solutions Ltd.
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Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Datang AviationDong ChunpingGeneral
Managerbaisifeng@datangmobile.cnFLYHT Aerospace Solutions
Ltd.Thomas R. French, CGAVP Finance and
CFO403-291-7427tfrench@flyht.comInvestor RelationsThe Howard Group
Inc.Dave BurwellSenior Associate(888) or (403)-221-0915Bristol
Institutional RelationsGlen AkselrodPresident(905) 326-1888
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