From the PR Newswire:
Source: Exosphere Aircraft Company, Inc.
Exosphere Aircraft Company Launches Diverse Dealer Network
SEATTLE, Sept. 12, 2007 (PRIME NEWSWIRE) -- Exosphere Aircraft Company, Inc. (Pink Sheets:EXSA) announces today the launch of its national dealer network. Exosphere Aircraft Company manufactures the BD-22 and BD-22S, two fresh designs by legendary aircraft designer Jim Bede. The dealer network will be comprised of a combination of current light-sport aircraft distributors, several existing dealers not presently offering light-sport aircraft, and service centers. The company is also in discussions with established dealer networks currently offering complimentary but non-aviation specific products to consumers. The criteria for potential dealers are currently and will be based on experience in the aviation industry, strategic geographic location, and innovative marketing that successfully reaches potential LSA pilots. Dealers interested in determining their eligibility for this network can contact Ron Henthorn at (206) 219-6854.
A broad and diverse dealer network is particularly important in the new LSA industry. Light-sport aircraft sales are expected to exceed all other airplane sales, spurred on by new FAA regulations for LSA's which make aviation accessible to a broad new market of potential pilots. Pilots can now legally obtain their sport pilot licenses with only 20 hours of instruction and are subject to less rigorous medical exams. Exosphere Aircraft Company is targeting the two most dynamic sectors of the LSA market: the entry level market with the standard edition BD-22 and the high end with the Limited Edition BD-22S design.
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, bringing the best and most affordable light-sport planes to market. Exosphere offers the marketplace planes that meet the majority of consumer needs, finding ways to incorporate fuel efficiency, weight limitations, plane performance and current design trends.
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 business and securing additional customers for its products. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ from future results expressed or implied. These risks and uncertainties include the inability to manage expected growth, the failure to meet scheduled manufacturing deadlines, the failure to realize increased revenues and improved operating margins that the Company has associated with the sales of aircraft and airplane parts, the loss of key personnel, tightening aircraft regulations by the FAA, the loss or non-performance of 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 the results of any revisions to any of the forward-looking statements. Innovative Communications Technologies, Inc. (Pink Sheets:ICTN) owns 70 million shares, or approximately 30% of Exosphere Aircraft Company, Inc. (Pink Sheets:EXSA).
CONTACT: Exosphere Aircraft Company, Inc.
Ron Henthorn
Jim Bede Light-Sport Aircraft On The Way . . .
Moderator: drseti
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seaplane_tux
- Posts: 12
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Jim Bede Light-Sport
I'm a big fan of Jim Bede designs. If the BD-22 is an improved AA-1 Yankee.... The BD-22 will be one of the best LSA's on the market. 
Klaus
Arlington, Washington
Arlington, Washington
Well today there is a new press release. Maybe these guys are just trying to run up their stock price? Are they really going to bring an airplane to an already croweded market?
Exosphere Aircraft Company Poised to Benefit From Newly Released Statistics
SEATTLE, Sept. 13, 2007 (PRIME NEWSWIRE) -- Exosphere Aircraft Company, Inc., (Pink Sheets:EXSA) and the BD-22, designed by legendary aircraft designer Jim Bede, expect to benefit from new statistics revealing record sales and projected growth in the light-sport aircraft (LSA) market.
* At an average of $100,000 per aircraft, the National Consortium for
Aviation Mobility, NCAM, anticipates the light-sport aircraft
industry to grow to $2.5 billion over the next ten years in the
United States alone.
* The results from the FAA's Forecast Conference of 2007 include a
1,730 percent increase in the number of new sports pilots that will
be certified during the next 15 years.
* The light-sport aircraft industry's near-term growth exceeds that
of recreational vehicles, motorcycles, and watercraft combined.
This increased public interest in aviation, resulting from the newly simplified and inexpensive availability of LSA's, establishes light-sport aircraft as the fastest growing segment in aviation. Oshkosh AirVenture, the United States' largest fly-in, set record attendance levels this year estimated at 560,000 attendees, a 3.2 percent increase from 2006. Based on historic figures and reputation, it's expected that the BD-22 will be a top-seller and should be able to monetize a substantial portion of the LSA market. Exosphere is targeting the two most dynamic sectors of the market: the entry level market with the standard edition BD-22 and the high end with the Limited Edition BD-22S design.
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, bringing the best and most affordable light-sport planes to market. Exosphere offers the marketplace planes that meet the majority of consumer needs, finding ways to incorporate fuel efficiency, weight limitations, plane performance and current design trends.
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 business and securing additional customers for its products. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ from future results expressed or implied. These risks and uncertainties include the inability to manage expected growth, the failure to meet scheduled manufacturing deadlines, the failure to realize increased revenues and improved operating margins that the Company has associated with the sales of aircraft and airplane parts, the loss of key personnel, tightening aircraft regulations by the FAA, the loss or non-performance of 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 the results of any revisions to any of the forward-looking statements. Innovative Communications Technologies, Inc. (Pink Sheets:ICTN) owns 70 million shares, or approximately 30% of Exosphere Aircraft Company, Inc. (Pink Sheets:EXSA).
CONTACT: Exosphere Aircraft Company, Inc.
Ron Henthorn
(206) 219-6854
Exosphere Aircraft Company Poised to Benefit From Newly Released Statistics
SEATTLE, Sept. 13, 2007 (PRIME NEWSWIRE) -- Exosphere Aircraft Company, Inc., (Pink Sheets:EXSA) and the BD-22, designed by legendary aircraft designer Jim Bede, expect to benefit from new statistics revealing record sales and projected growth in the light-sport aircraft (LSA) market.
* At an average of $100,000 per aircraft, the National Consortium for
Aviation Mobility, NCAM, anticipates the light-sport aircraft
industry to grow to $2.5 billion over the next ten years in the
United States alone.
* The results from the FAA's Forecast Conference of 2007 include a
1,730 percent increase in the number of new sports pilots that will
be certified during the next 15 years.
* The light-sport aircraft industry's near-term growth exceeds that
of recreational vehicles, motorcycles, and watercraft combined.
This increased public interest in aviation, resulting from the newly simplified and inexpensive availability of LSA's, establishes light-sport aircraft as the fastest growing segment in aviation. Oshkosh AirVenture, the United States' largest fly-in, set record attendance levels this year estimated at 560,000 attendees, a 3.2 percent increase from 2006. Based on historic figures and reputation, it's expected that the BD-22 will be a top-seller and should be able to monetize a substantial portion of the LSA market. Exosphere is targeting the two most dynamic sectors of the market: the entry level market with the standard edition BD-22 and the high end with the Limited Edition BD-22S design.
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, bringing the best and most affordable light-sport planes to market. Exosphere offers the marketplace planes that meet the majority of consumer needs, finding ways to incorporate fuel efficiency, weight limitations, plane performance and current design trends.
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 business and securing additional customers for its products. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ from future results expressed or implied. These risks and uncertainties include the inability to manage expected growth, the failure to meet scheduled manufacturing deadlines, the failure to realize increased revenues and improved operating margins that the Company has associated with the sales of aircraft and airplane parts, the loss of key personnel, tightening aircraft regulations by the FAA, the loss or non-performance of 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 the results of any revisions to any of the forward-looking statements. Innovative Communications Technologies, Inc. (Pink Sheets:ICTN) owns 70 million shares, or approximately 30% of Exosphere Aircraft Company, Inc. (Pink Sheets:EXSA).
CONTACT: Exosphere Aircraft Company, Inc.
Ron Henthorn
(206) 219-6854
hmmm - seems Exosphere has been announcing the same thing every couple of weeks, for almost six months:
http://biz.yahoo.com/pz/070424/117993.html
Man - talk about marketing. Reminds me of those spam emails we get pushing cheap stocks.
Ya know guys - there's a heck of a lot of news and publicity about new planes, but hardly any about sport pilots. If this keeps up there'll be more planes for sale than pilots to fly 'em.
Tom
http://biz.yahoo.com/pz/070424/117993.html
Man - talk about marketing. Reminds me of those spam emails we get pushing cheap stocks.
Ya know guys - there's a heck of a lot of news and publicity about new planes, but hardly any about sport pilots. If this keeps up there'll be more planes for sale than pilots to fly 'em.
Tom
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CharlieTango
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