FLYHT Signs New AFIRS 220 Contract in Nigeria

FLYHT Signs New AFIRS 220 Contract in Nigeria 
CALGARY, ALBERTA -- (Marketwire) -- 01/02/13 -- FLYHT Aerospace
Solutions Ltd. (TSX VENTURE:FLY) ("FLYHT") reported today that it has
signed a contract with a Nigerian airline for the Automated
Information Reporting System ("AFIRS(TM)") 220.  
The contract requires FLYHT to install the AFIRS 220 on five Airbus
A319 and A320 aircraft for a domestic operator in Nigeria. The
airline will use AFIRS to provide real-time flight data monitoring.
The customer will benefit from all AFIRS 220 features including
automated Out, Off, On and In times, airframe and engine exceedances,
flight tracking and satellite voice communications.  
The airline is another operator in Nigeria taking steps to follow the
recommendations of the Nigerian Civil Aviation Authority ("NCAA"), to
implement an intelligent flight tracking system to increase safety
and improve efficiency.  
FLYHT will provide equipment and services to the airline over a two
year contract with automatic yearly renewals after the initial term.
Installations are anticipated to begin in the first quarter of 2013.
If FLYHT completes installation on all contracted aircraft and
provides recurring service for the full term of the agreement, gross
revenue to FLYHT will be approximately $349,250 USD, excluding
optional services. The agreement includes the option to upgrade, at
an additional charge, to the AFIRS 228 technology if the customer
wishes. FLYHT has all necessary certifications to commence
installations immediately. 
About FLYHT Aerospace Solutions Ltd.  
FLYHT provides proprietary technological products and services
designed to reduce costs and improve efficiencies in the airline
industry. The Company has patented and commercialized three products
and associated services currently marketed to airlines, manufacturers
and maintenance organizations around the world. Its premier
technology, AFIRS(TM) UpTime(TM), allows airlines to monitor and
manage aircraft operations anywhere, anytime, in real time. If an
aircraft encounters an emergency, FLYHT's triggered data streaming
mode, FLYHTStream(TM), automatically streams vital data, normally
secured in the black box, to designated sites on the ground in
real-time. In May 2012 the trading symbol was changed from AMA to FLY
in conjunction with a name change from AeroMechanical Services Ltd.
to FLYHT Aerospace Solutions Ltd.  
AFIRS, UpTime, FLYHT, FLYHTStream and AeroQ are trademarks of FLYHT
Aerospace Solutions Ltd. 
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Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
FLYHT Aerospace Solutions Ltd.
Thomas R. French, CGA
VP Finance and CFO
Investor Relations
The Howard Group Inc.
Dave Burwell
Senior Associate
(888) or (403)-221-0915
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