Innovative Solutions & Support Awarded Contract by iAccess Technologies for Avionics Retrofit of L-100 and C-130 Aircraft

  Innovative Solutions & Support Awarded Contract by iAccess Technologies for
  Avionics Retrofit of L-100 and C-130 Aircraft

Business Wire

EXTON, Pa. -- December 17, 2012

Innovative Solutions & Support, Inc. (IS&S) (NASDAQ:ISSC) announced today that
iAccess Technologies has awarded IS&S a contract in excess of $4M to provide
seven shipsets of company’s Integrated Suite of Avionics for the C-130 and
L-100 aircraft. IS&S equipment includes seven Integrated Flat Panel Displays,
Standby Instrument System, Flight Management System, Warning System and
computers. The IS&S system provides for integration of legacy and newly
installed equipment making the aircraft CNS/ATM compliant.

Integrated Suite of Avionics for the C-130 and L-100 aircraft (Photo:
Innovative Solutions & Support ...

Integrated Suite of Avionics for the C-130 and L-100 aircraft (Photo:
Innovative Solutions & Support, Inc.)

IS&S President Shahram Askarpour stated, “The IS&S system will standardize the
cockpits on the C-130 and L-100 aircraft making them Communication,
Navigation, Surveillance/Air Traffic Management (CNS/ATM) compliant. The IS&S
system is Night Vision Imaging System (NVIS) compliant and enhances tactical
and situational awareness. This program will improve the reliability,
maintainability and situational awareness of the C-130 and L-100 aircraft.”

A highlight of the system is the IS&S Flight Management System guided by IS&S
Beta 3 GPS receivers that provide RNP and LPV capabilities. “These
capabilities further demonstrate the robustness and versatility of the IS&S
Flight Management System and are unprecedented in this type of aircraft,”
continued Askarpour.

The IS&S Integrated Multifunction Standby Unit (IMSU) processes and displays
altitude, attitude, airspeed, slip/skid and navigation information in an
intuitive and concise single instrument display. The IMSU displays a Primary
Flight Display (PFD) and a full 360° Horizontal Situation Indicator (HSI) to
reduce pilot workload and enhance situational awareness.

Further, the system includes Primary, Navigation and Engine Instrument
Displays with associated Control Panels and Data Concentrators. The Caution,
Warning and Advisory Panel (CWAP) enables centralized cautionary and warning
indications in the flight deck and provides an interface with the remote
attention getters to enable flight crew alert of annunciated cautions or
warnings. CWAP also provides outputs to activate warnings in the aircraft
audio tone and voice alerting system.

Mr. Askarpour concluded, “This award by iAccess Technologies provides another
example of the growing use of IS&S products for military applications. The
IS&S Integrated Suite of Avionics provides exceptional system integration,
performance, low cost, light weight and low power consumption, offering a
great value.”

About Innovative Solutions & Support, Inc.

Headquartered in Exton, Pa., Innovative Solutions & Support, Inc.
(www.innovative-ss.com) is a systems integrator that designs and manufactures
flight guidance and cockpit display systems for Original Equipment
Manufacturers (OEM’s) and retrofit applications. The company supplies
integrated Flight Management Systems (FMS) and advanced GPS receivers for
precision low carbon footprint navigation.

Certain matters contained herein that are not descriptions of historical facts
are “forward-looking” (as such term is defined in the Private Securities
Litigation Reform Act of 1995). Because such statements include risks and
uncertainties, actual results may differ materially from those expressed or
implied by such forward-looking statements. Factors that could cause results
to differ materially from those expressed or implied by such forward-looking
statements include, but are not limited to, those discussed in filings made by
the Company with the Securities and Exchange Commission. Many of the factors
that will determine the Company’s future results are beyond the ability of
management to control or predict. Readers should not place undue reliance on
forward-looking statements, which reflects management’s views only as of the
date hereof. The Company undertakes no obligation to revise or update any
forward-looking statements, or to make any other forward-looking statements,
whether as a result of new information, future events or otherwise.

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Contact:

Innovative Solutions & Support, Inc.
Jason Zywalewski, +1 610-646-9800 ext 609
jzywalewski@innovative-ss.com
 
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