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WheelTug Announces Letter of Intent With KLM

WheelTug Announces Letter of Intent With KLM 
AMSTERDAM, THE NETHERLANDS -- (Marketwire) -- 11/15/12 --  WheelTug
plc announces today the execution of a letter of intent with KLM
Royal Dutch Airlines, to explore possibilities to install the
WheelTug aircraft electric drive system on its aircraft fleet in the
future. WheelTug plc, based in Gibraltar, is developing the new
technology. Subject to certification of the system and execution of a
definitive agreement, the system will be installed. WheelTug now has
258 aircraft delivery slots allocated for this system.  
The WheelTug(R) electric drive system uses high-performance electric
motors, installed in the nose gear wheels of an aircraft, to provide
full mobility while on the ground, without the use of the aircraft's
jet engines or tugs for both pushback and taxi operations. 
WheelTug enables aircraft to be electrically driven from the terminal
gate to the takeoff runway, and upon landing from runway exit to the
gate. This results in improvements in efficiency, flexibility, fuel
savings, and reduced engine foreign object damage (FOD), plus
substantial reductions in CO2 and other greenhouse gas emissions. 
The WheelTug system is being developed initially for the Boeing 737NG
and Airbus A320, the world's most widely flown aircraft. 
KLM 
KLM Royal Dutch Airlines was founded in 1919, making it the world's
oldest airline still operating under its original name. In 2004, Air
France and KLM merged to form AIR FRANCE KLM. The merger produced the
strongest European airline group based on two powerful brands and
hubs -- Amsterdam Airport Schiphol and Paris Charles de Gaulle.
Retaining its own identity, the group focuses on three core
businesses: passenger transport, cargo and aircraft maintenance. 
In the Netherlands, KLM comprises the core of the KLM Group, which
further includes KLM Cityhopper, transavia.com and Martinair KLM
serves all its destinations using a modern fleet and employs over
33,000 people around the world. KLM is a leader in the airline
industry, offering reliable operations and customer-oriented products
resulting from its policy of enthusiasm and sustainable innovation. 
KLM is a member of the global SkyTeam airline alliance, offering
customers an extensive worldwide network. The KLM network connects 
the Netherlands to every important economic region in the world and,
as such, serves as a powerful driver for the economy. 
SkyTeam 
SkyTeam is a global airline alliance providing customers from member
airlines access to an extensive worldwide network offering more
destinations, more frequencies and more connectivity. Passengers can
earn and redeem Frequent Flyer Miles throughout the SkyTeam network.
SkyTeam member airlines offer customers access to over 490 lounges
worldwide. 
Forward-looking statement 
For more information, contact: 
WheelTug: 
Isaiah Cox
CEO
exec@wheeltug.gi 
+1 410 419 0082 
+44 (0)207 993 4293