Innovative Solutions & Support, Inc. receives Delta Air Lines, Inc. Award for NextGen Flat Panel Display System and Flight

  Innovative Solutions & Support, Inc. receives Delta Air Lines, Inc. Award
  for NextGen Flat Panel Display System and Flight Management System Turnkey
  Upgrade to its MD-88 and MD-90 Aircraft Fleet

    Upgrade to reduce MD-88/-90 fleet CO[2 ]emissions by 80 million pounds
                annually and noise footprint by more than 50%

Business Wire

EXTON, Pa. -- April 4, 2013

Delta Air Lines, Inc. (Delta) placed an order today for more than $60 million
with Innovative Solutions & Support, Inc. (NASDAQ: ISSC) for a complete
Systems Integration, Dual GPS Navigation and Cockpit Avionics upgrade of
Delta’s MD88 and MD90 aircraft. IS&S will supply all the equipment and
installation kits. Specially trained IS&S installation teams will remove
existing equipment and install all the LRUs, on site, and prepare the aircraft
for return to service. It is anticipated that this turnkey modification will
take fewer than six days

IS&S Flat Panel Display System for Delta MD-88 (Photo: Innovative Solutions &
Support, Inc.)

IS&S Flat Panel Display System for Delta MD-88 (Photo: Innovative Solutions &
Support, Inc.)

This Delta Air Lines order for a fleet wide retrofit of MD-88/-90 aircraft
will provide those aircraft with full RNP, RTA, and GPS (Required Navigational
Performance, Required Time of Arrival, and Global Positioning System)
capabilities with similar efficiency and performance to the newest production
aircraft. In addition, the flight deck integration eliminates legacy CRT and
Flight Management avionics, leverages recently developed advanced technology,
and provides the flexibility to install future upgrades. The ISSC system
includes an advanced flight management system, an integrated standby system,
and primary flight displays. The system implements Data Link and ADS-B
capabilities.

“I am very pleased with the opportunity to work with Delta on this important
program. This advanced system is an important milestone that confirms and
endorses our 5 year development efforts of a Next Generation Flight Management
System,” said Geoffrey Hedrick, Chairman and CEO of Innovative Solutions &
Support.

IS&S’s advanced Flight Management System and Global Positioning System
Receivers have been selected in all three market segments of Air Transport,
Military and Business Aviation. IS&S supplies Flight Management solutions to
the commercial market for B-737, MD-80, MD-88 and MD-90. IS&S supplies the
military market for C-130, L-100 and the Business market for the Eclipse E500
and E550 aircraft. These flight management systems are amongst the industries
most advanced aircraft performance and navigation solutions. The dual IS&S
precision Beta 3 GPS navigation system provides three-dimensional position and
velocity information accurate to 10 feet. The IS&S dual redundant, RNP
compliant Flight Management System continuously computes the aircraft flight
path and updates steering commands to the flight crew and flight control
system twenty times a second.

The RNP and GPS capabilities will enable the Delta MD-88/-90 aircraft to fly
shorter flight paths and optimum idle-thrust descents, thereby reducing fuel
consumption, carbon emissions, and noise levels.

“We are delighted that Delta Air Lines has chosen Innovative Solutions and
Support to upgrade its MD-88/-90 fleet,” said Shahram Askarpour, President of
Innovative Solutions & Support. “The Innovative Solutions & Support
Cockpit/IP® offering provides cost-effective solutions for upgrading legacy
avionics platforms with state-of-the-art technology and brings NextGen
capabilities to the older generation air-transport aircraft.”

“Adding RNP and GPS is a significant step in the future for the NextGen air
traffic control system,” continued Askarpour. “This upgrade will reduce fleet
CO[2] emission by an estimated 80 million pounds annually and the noise
footprint of the MD-88/-90 aircraft by more than 50%.”

The IS&S system will provide further operational benefits to Delta, including
standardized flight deck to support NextGen requirements, increased
operational flexibility and reliability, improved dispatch and on time arrival
availability and simplified maintenance. In addition the system will provide
enhanced safety through improved situational awareness, and reduced crew
workload.

The upgrade for the MD-88/-90 is adaptable to other aircraft types to
facilitate compliance with NextGen requirements, including CPDLC, RNP, RTA,
LPV and ADS-B and to provide substantial power and weight savings. The
economic benefits of the upgrade are to shorten trip times, thereby reducing
fuel consumption and CO[2] emissions.

This program complements the IS&S FPDS either under contract or installed
successfully on more than 400 B757/B767 and Classic B737-300/-400/-500
aircraft. The Cockpit/IP for the MD-88/-90 employs IS&S’s open architecture
flat panel display system that allows operators to upgrade their aircraft to a
glass flight deck while leaving third party avionics installed in the
aircraft. This design approach benefits the operator by minimizing the cost
and down time of an upgrade.The flight management system supports
satellite-based operations, which result in improved efficiencies, related to
RNAV, RNP, and LPV procedures.

This award significantly increases the company’s backlog now approaching $100
million. In addition, the Company is the sole source provider on two new
general aviation aircraft with product orders expected over the next decade.

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 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.
Ron Albrecht
Chief Financial Officer
610-646-0350
ralbrecht@innovative-ss.com