Astronics AeroSat Announces FliteStream(TM) VVIP Launch Customer
*First Sale of Dedicated VVIP Broadband Connectivity Solution
*Leverages Partnership with Associated Air Center
EAST AURORA, N.Y., April 8, 2014 (GLOBE NEWSWIRE) -- Astronics Corporation
(Nasdaq:ATRO), a leading provider of advanced technologies for the global
aerospace and defense industries, announced today that Astronics AeroSat, its
wholly-owned subsidiary and manufacturer of Ku-band airborne connectivity
solutions, has secured its first VVIP customer for FliteStream^™, a satellite
broadband solution for the VVIP aircraft market. FliteStream provides a global
connectivity solution expressly designed for VVIP and business aviation
customers, who demand the highest level of service and performance from
airborne broadband systems. The initial FliteStream installation will be
performed by Associated Air Center, StandardAero's Large Transport Category
VVIP completions center in Dallas, TX, aboard a new Boeing B747-8 for an
undisclosed customer. As part of the complete FliteStream solution, Astronics
AeroSat will be providing the full installation design and STC data package.
"We were very impressed with both the capability and range of customized
service offerings that Astronics AeroSat delivers through its FliteStream
solution," said Jack Lawless, Chief Executive Officer of Associated Air
Center. "When dealing with VVIP aircraft, it's essential that we offer a
well-designed, complete solution that can be tailored to the worldwide
operating needs of our customers," he added.
"We created the FliteStream solution for elite aviation markets, and we're
gratified that an organization as capable and well-regarded as Associated Air
Center would be our customer," noted Skip Feher, Vice President of Sales and
Marketing for Astronics AeroSat. "Because the FliteStream connectivity
service is not shared with commercial airline passengers, it offers a more
robust and predictable broadband experience that's not susceptible to choke
points in areas of high density airline traffic, making it extremely
attractive to VVIP customers," Mr. Feher concluded.
The one-stop FliteStream solution is designed for performance and customer
convenience.It features AeroSat's highly efficient, patented "Lens Horn"
antenna technology, a defined upgrade path to Ka-band, and a Certification
Assistance Program^™. Worldwide, 24/7 AOG support with a single point of
contact is also included.
FliteStream service plans feature customer-defined options for geographic
regions and bandwidth requirements. These service plan options will ensure
that each VVIP operator will receive the service level that meets the unique
needs of his or her demanding business.
About Astronics Corporation
Astronics Corporation is a leader in advanced, high-performance lighting,
electrical power, specialized avionics products and automated test systems for
the global aerospace and defense industries. Astronics' strategy is to develop
and maintain positions of technical leadership in its chosen aerospace and
defense markets, to leverage those positions to grow the amount of content and
volume of product it sells to those markets and to selectively acquire
businesses with similar technical capabilities that could benefit from our
leadership position and strategic direction. Astronics Corporation and its
wholly-owned subsidiaries have a reputation for high-quality designs,
exceptional responsiveness, strong brand recognition and best-in-class
manufacturing practices. The Company routinely posts news and other important
information on its website at www.astronics.com.
For more information on Astronics and its products, visit its Web site at
Safe Harbor Statement
This news release contains forward-looking statements as defined by the
Securities Exchange Act of 1934.One can identify these forward-looking
statements by the use of the words "expect," "anticipate," "plan," "may,"
"will," "estimate" or other similar expressions.Because such statements apply
to future events, they are subject to risks and uncertainties that could cause
actual results to differ materially from those contemplated by the
statements.Important factors that could cause actual results to differ
materially include the state of the aerospace and defense industries, the
market acceptance of newly developed or acquired products, the receipt of FAA
certifications, internal production capabilities, the timing of orders
received, the status of customer certification processes, the demand for and
market acceptance of new or existing aircraft which contain the Company's
products, customer preferences, and other factors which are described in
filings by Astronics with the Securities and Exchange Commission.The Company
assumes no obligation to update forward-looking information in this news
release whether to reflect changed assumptions, the occurrence of
unanticipated events or changes in future operating results, financial
conditions or prospects, or otherwise.
Skip Feher, VP Sales and Marketing
Phone: (425) 677-5335
Deborah K. Pawlowski, Kei Advisors LLC
Phone: (716) 843-3908
Astronics Corporation logo
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