CORRECTING and REPLACING Innovative Solutions & Support, Inc. 25th Anniversary News Release

  CORRECTING and REPLACING Innovative Solutions & Support, Inc. 25th
  Anniversary News Release

CORRECTION...by Innovative Solutions & Support, Inc.

Business Wire

EXTON, Pa. -- February 14, 2013

Please replace the release dated February 13, 2013 with the following
corrected version due to multiple revisions.

The corrected release reads:

     INNOVATIVE SOLUTIONS & SUPPORT, INC. 25^TH ANNIVERSARY NEWS RELEASE

Innovative Solutions & Support, Inc. (IS&S) (NASDAQ:ISSC) celebrates the
twenty-fifth anniversary of its founding in 1988.

Geoffrey Hedrick, founder, chairman and CEO of the Company, said, “IS&S is
proud to have served a broad array of aerospace customers with increasingly
sophisticated and technically advanced products. We are in the process of
developing a new generation of products which will meet the increasing demands
of customers and regulators as requirements for fuel savings and
environmentally friendly aircraft increase.”

He continued, “I am more optimistic than I have been in several years about
the prospects for the Company as improving market conditions coincide with a
number of new products designed for NextGen markets.”

Innovative Solutions & Support, Inc. has evolved from engineering and
manufacturing CRT stand alone air data instruments to a systems integrator
that produces large flat panel cockpit displays with Flight Management System
(“FMS”), GPS, Synthetic Vision System (“SVS”), and Required Navigation
Performance (“RNP”) capabilities. Its customers include air transport OEM’s
and carriers, package carriers, biz jet manufacturers, and United States and
foreign armed forces and agencies.

Shahram Askarpour, President of IS&S, stated, “This day marks a milestone in
the Company’s history, not only because of the twenty-five years of success in
the competitive and high technology aerospace business, but also because the
Company stands at the threshold of major opportunities as a heavy investment
in product development in difficult economic times has positioned the Company
for growth.”

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.

Contact:

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