WheelTug Backlog Adds Additional 10 Boeing 737NG Aircraft

WheelTug Backlog Adds Additional 10 Boeing 737NG Aircraft 
GIBRALTAR -- (Marketwire) -- 03/14/13 --  WheelTug plc announced
today the execution of a Slot Purchase Agreement with Corendon
Airlines. With 10 new reservations the backlog of WheelTug(R)
aircraft drive systems grows to 439 delivery slots reserved by nine
airlines. 
The WheelTug 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. 
Current commercial aviation practice utilizes a tug for aircraft gate
pushback, while forward taxi is powered by the aircraft's engines.
Typically, a taxiing Airbus A320 or Boeing 737NG aircraft burns 24 to
27 pounds of fuel per minute. The electric WheelTug unit needs only
four pounds of fuel per minute by using the aircraft's auxiliary
power unit (APU), representing an 80% reduction in ground operation
fuel consumption. 
In addition to lower ground operation fuel consumption, other
intended benefits of the WheelTug aircraft drive systems include:
removal of the time and safety costs of the use of ground tugs,
substantially reduced carbon dioxide and other greenhouse gas
emissions, increased safety and flexibility of operations, faster
turnaround times, reduced engine wear and repair costs, and decreased
noise pollution. WheelTug estimates the total savings at over
US$700,000 per aircraft per year. WheelTug Systems will be offered to
the airlines entirely on a lease, or power-by-the-hour basis, so that
the systems can be installed and operated on aircraft without any
capital expenditure on the part of the airline whatsoever.  
WheelTug plc successfully installed and tested the first in-wheel
WheelTug in Prague in June 2012. Video from the tests is available
at: http://media.wheeltug.com. 
About WheelTug plc
 WheelTug plc is a Gibraltar Corporation. A full
listing of WheelTug partner companies and airline customers is on the
company's website at www.wheeltug.gi. 
About Corendon Airlines 
Corendon Airlines, headquartered in Antalya Turkey, and Corendon
Dutch Airlines are both owned by Corendon Group. Founded in 2004, and
presently operating 30 routes from Antalya Airport, C
orendon Airlines
is a leisure airline that also operates seasonal and charter flights
to Bosnia and Herzegovina, Greece and Kosovo. The Corendon Group has
a close co-operation relationship with the Turkish state-owned travel
agency Detur and with many tour operators which serve within the
tourism sector.  
forward-looking statement 
For more information: 
Jan Vana
Director
WheelTug plc
+44 207 993 4293
+1 410 419 0082
exec@wheeltug.com 
www.wheeltug.com