Sikorsky Innovations Announces Awardees of Second Entrepreneurial Challenge Competition

 Sikorsky Innovations Announces Awardees of Second Entrepreneurial Challenge
                                 Competition

PR Newswire

STRATFORD, Conn., Feb. 25, 2013

STRATFORD, Conn., Feb. 25, 2013 /PRNewswire/ -- Sikorsky Innovations, the
technology development organization of Sikorsky Aircraft Corp., has selected
EvoLux Transportation, LLC as the winner of its second Entrepreneurial
Challenge Competition and awarded special recognition to Rescale. Sikorsky is
a subsidiary of United Technologies Corp. (NYSE:UTX).

(Logo: http://photos.prnewswire.com/prnh/20060403/SIKORSKYLOGO )

The Entrepreneurial Challenge competition is designed to identify and
accelerate the development of emerging, transformational business solutions
across all markets that can be applied to specialized aerospace and rotorcraft
markets.

Sikorsky recently selected EvoLux Transportation, LLC, a helicopter focused
tech-travel company, based in Boca Raton, Florida, for its presentation of a
social media platform offering unprecedented connectivity in the urban VIP
helicopter marketplace.

The award entitles EvoLux to join previous Challenge winners, rent-free, in
the Sikorsky Innovations' "incubator" space at the Stamford iCenter in
Stamford, Conn. The iCenter, a recently named cornerstone hub of the
Connecticut Innovation Ecosystem, provides the entrepreneurs with direct
access to the East Coast investment and entrepreneurial communities. During
that time, Sikorsky mentors will provide coaching, along with an education
program to assist in maturing and growing their business. Upon completion of a
maturation cycle in the incubator, Sikorsky will provide EvoLux with an
investment evaluation.

In addition, Rescale, a San Francisco-based company, received special
recognition for its presentation of a cloud simulation platform that can
accelerate design cycles and enhance collaboration between engineers,
resulting in significantly improved product designs.

"We successfully broadened the competition to attract business plans that
could either leverage Sikorsky's offerings in novel ways or that could
transform our existing products and processes," said Laurence
Vigeant-Langlois, Director of Business Development for Sikorsky Innovations.
"Once again, we opted to present more than one award thanks to the outstanding
caliber of the participants."

"It's exciting to see the latest results from the Entrepreneurial Challenge
and to have two game-changing ventures joining our ever-growing network of
partners and collaborators," said Chris Van Buiten, Vice President of Sikorsky
Innovations. "In more than doubling our first-round applications, and
extending our reach to entrepreneurs on three continents, the Entrepreneurial
Challenge continues to demonstrate the power of innovation collaboration. With
the next installment of the Entrepreneurial Challenge due to launch this
spring, we look forward to interacting with other revolutionary technology
companies and like-minded investors."

"There are some very real challenges facing vertical lift operations and it's
extremely refreshing to see Sikorsky Innovations' leadership approach in
identifying these areas and engaging with entrepreneurs to provide immediate
solutions," said EvoLux founder, Raymond Leavitt. "Igor Sikorsky's
entrepreneurial spirit is alive and well and our team is very excited to work
with the Innovations team to further execute and accelerate our award-winning
business plan."

"Sikorsky Aircraft has a long tradition of bringing disruptive innovations to
market," said Rescale's Vice President for Business Development, Sunny
Manivannan. "The Rescale team is very excited to work with such an
entrepreneurial company, and we look forward to helping Sikorsky's engineers
develop the next generation of game-changing flight solutions."

The Entrepreneurial Challenge is open to any small company with revenue under
$5M, including newly formed and pre-revenue entities.

Sikorsky Aircraft Corp., based in Stratford, Conn., is a world leader in
helicopter design, manufacture, and service. United Technologies Corp., based
in Hartford, Conn., provides a broad range of high technology products and
support services to the aerospace and building systems
industries.

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SOURCE Sikorsky Aircraft Corp.

Website: http://www.sikorsky.com
Contact: Sikorsky media contacts: Marianne V. Heffernan, +1-203-386-4373,
mheffernan@sikorsky.com, or Paul Jackson, +1-203-386-7143,
Paul.Jackson@sikorsky.com