Piedmont Triad International Airport (GSO)

Post Office Box 35408

Greensboro, North Carolina 27425-5408

1-800-334-2001

Greenwich AeroGroup Greenwich, Connecticut, June 10, 2009 - Greenwich AeroGroup, Inc. today announced that it has completed the acquisition of the assets of Banner Aerospace Holding Company, Inc. and its aviation subsidiaries.

Jim Ziegler, Greenwich AeroGroup’s CEO, stated, “We are excited to welcome the Banner Aerospace team to Greenwich AeroGroup and look forward to their contribution in further growing and enhancing our aviation business. This acquisition is an important step in our strategy to expand our geographic reach, enhance our core competencies, strengthen our client base, and optimize our ability to deliver value to our customers.”

Banner Aerospace is a diversified family of companies serving loyal customers worldwide, including OEMs, commercial and regional airlines, air cargo carriers, corporate and general aviation, and FBOs. Banner Aerospace’s products and services are divided into two groups: Distribution and Repair & Overhaul, and are conducted through six operating companies.

DAC International, Inc. - Austin, TX

Matrix Aviation, Inc. - Wichita, KS

Professional Aviation Associates, Inc. - Atlanta, GA

Professional Aircraft Accessories, Inc. - Titusville, FL

NASAM Incorporated and GCCUS, Inc. - San Francisco, CA

Atlantic Aero is an aerospace engineering services company, a parts fabrication company and a FAA repair station (#EWGR752D). Atlantic Aero holds numerous Supplemental Type Certificates (STCs), Parts Manufacturer Approvals (PMAs) and a certification as an FAA Designated Alteration Station (DAS-511128-CE). Atlantic Aero is also certified with the European Aviation Safety Agency EASA.145.4179.