UITA Utilicraft Aerospace Industries Inc (CE)

Freight Feeder Aircraft Corporation a US private-company (25% owned by Utilicraft Aerospace Industries, Inc.) (OTCBB:UITA) recent design change to accommodate the larger M-1 container has increased the potential market by 320% for the FF5000 Freight Feeder aircraft. �Because of the recent strategic design change to the larger 96in x 125in containers and pallets made early this year, the Company�s new FF5000 will be the only twin-engine turbo-prop aircraft that is capable of accommodating main-deck containers that are used on 747 Freighters and like aircraft, making it the only turbo-prop feeder capable of feeding main-deck as well as lower-deck containerized freight to and from the 747 Freighter world-wide fleets -- by accommodating the entire 747 aircraft load (both upper and lower decks) in and out of the feed segment,� stated John J. Dupont, President and CEO of Freight Feeder Aircraft Corporation. Boeing's World Air Cargo Forecast projects that nearly 62 percent of all additions to the fleet by 2025 will consist of wide body freighters and has had a three year run of record breaking freighter orders. Boeing freighters currently account for more than 90 percent of the world's dedicated freighter capacity, with the 747 Freighters accounting for more than half of that capacity. About Utilicraft Aerospace Industries, Inc (OTCBB:UITA) Utilicraft Aerospace Industries, Inc. is a 25% owner of Freight Feeder Aircraft Corporation. On December 12, 2007, Utilicraft Aerospace Industries, Inc. filed a Form 8K with the Securities and Exchange Commission announcing the sale of all of UITA�s technology and assets to Freight Feeder Aircraft Corporation for a 25% equity position in Freight Feeder Aircraft. (See details of the transaction in the UITA 8K filed on December 12, 2007) For more on Utilicraft Aerospace Industries, Inc, go to www.utilicraft.com Forward Looking Statements This press release contains �forward-looking� statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release involve risks and uncertainties and reflect the company�s current views with respect to possible future events. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect the company�s business.