Press Releases
FOR IMMEDIATE RELEASE
October 13, 2003
AVCON INDUSTRIES AND RVSM PRODUCT A BIG HIT AT THE
NATIONAL BUSINESS AVIATION SHOW
Avcon's Reduced Vertical Separation Minimums (RVSM) Equipment
In Lear 20 Series Aircraft 25D-330 Generates Excitement and
New Orders
[Olathe, Kansas, October 13, 2003] - Butler
National Corporation (OTC Bulletin Board "BUKS"),
announces their wholly owned subsidiary, Avcon Industries,
Inc., had a very successful exposition at the National Business
Aviation Association (NBAA) Show held in Orlando, FL. October
7, 8 and 9. Avcon and Butler sales and marketing executives
met with hundreds of clients and prospects successfully introducing
and giving first-hand demonstrations of this groundbreaking
technology and safety instrumentation.
The NBAA show is the business aviation industry's largest
and most efficient annual gathering of buyers and sellers.
It often is the only yearly opportunity to do direct, side-by-side
comparisons of nearly every product and service available
to company flight departments. It also is far and away the
industry's leading venue for new product announcements and
introductions. The show had a record-setting 1,067 exhibiting
companies and over 110 aircraft on static display at Orlando
Executive Airport. The Opening General Session featured a
special welcome by NBAA President Shelley A. Longmuir, as
well as luminaries from the aviation community on hand to
help NBAA commemorate the 100th anniversary of powered flight.
Session participants included FAA Administrator Marion C.
Blakey, House Aviation Subcommittee Chairman John L. Mica
(R-FL 7th), astronauts Neil Armstrong and Eugene Cernan.
Avcon recently received Federal Aviation Administration (FAA)
Supplemental Type Certification (STC) for RVSM Equipment in
Lear 20 series aircraft Learjet 25D-330. RVSM allows aircraft
to safely fly with a vertical separation of 1,000 feet between
aircraft flying in opposite directions, instead of the 2,000
feet vertical separation currently required. This is an important
first step in the certification of over 500 Lear 20 series
aircraft to operate in RVSM airspace.
Clark Stewart, President and Chief Executive Officer of Butler
National Corporation said, "NBAA is the premiere show
for this industry and Avcon had tremendous success at the
show by introducing our RVSM, an innovative aircraft product
improvement and safety enhancement for Classic aircraft like
the 20 Series Learjets. Avcon has advanced rapidly and successfully
with the RVSM project. We are able to create and maintain
a competitive edge in the marketplace by demonstrating a sincere
commitment to our customers' needs. There are over 500 Lear
20 Series aircraft in operation, we expect a significant number
of these operators to select Avcon as their RVSM solution."
Our Business:
About Avcon Industries, Inc.
Avcon Industries, Inc., a wholly owned subsidiary of Butler
National Corporation, offers modification of customer and
company owned business-size aircraft from passenger to freighter
configuration, addition of aerial photography capability,
and stability enhancing modifications for Learjet, Beechcraft,
Cessna, and Dessault Falcon aircraft along with other specialized
modifications. Avcon also acquires, modifies and resells Aircraft,
principally Learjets.
About Butler National Corporation
Butler National Corporation operates in the Aerospace and
Services business segments. The Aerospace segment focuses
on the manufacturing of support systems for "Classic"
commercial and military aircraft including the Butler National
TSD for Boeing 737 and 747 Classic aircraft, switching equipment
for Boeing/Douglas Aircraft, weapon control systems for Boeing
Helicopter and performance enhancement structural modifications
for Learjet, Cessna, Dessault and Raytheon business aircraft.
Services include electronic monitoring of water pumping stations,
temporary employee services, Indian gaming services and administrative
management services.
Forward-Looking Information:
The information set forth above may include "forward-looking"
information as outlined in the Private Securities Litigation
Reform Act of 1995. The Cautionary Statements, filed by the
Company as Exhibit 99 to the Company's Annual Report on Form
10-K, are incorporated herein by reference and investors are
specifically referred to such Cautionary Statements for discussion
of factors, which could affect the Company's operations, and
forward-looking statements contained herein.
FOR MORE INFORMATION CONTACT:
William A. Griffith, Investor Relations
Butler National Corporation
19920 W. 161st Street
Olathe, KS 66062
Ph: 913-780-9595
Fax: 913-780-5088
For more information, please visit the Company web site:
www.butlernational.com
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