Press Release

Issued by Raisbeck Engineering.

April 20, 2011

Raisbeck Engineering, designer and manufacturer of the world's leading aircraft improvements for four decades, today announced the appointment of Saraya Aviation as the first Authorized Dealer and Installer of Raisbeck King Air Systems in India.

Located at the Indira Gandhi Airport in Delhi, India, Saraya Aviation has been in business for 19 years maintaining all general aviation aircraft including Beechcraft King Airs. They are approved by the Indian Directorate General of Civil Aviation (DGCA) for all repair activities and currently maintain King Air aircraft of the State Government and private operators.

Sardar Satyajit Singh Majithia, Chairman of Saraya Aviation, commented, "I have been involved with Indian aviation for over 40 years and I am both grateful and happy to be representing Raisbeck Engineering. They are a leading engineering firm like Saraya and the many King Airs in India can benefit greatly by installing these systems. The first Raisbeck equipped King Air will start flying in an Air Taxi operation soon."

"The Indian aviation market is the fastest growing business aviation segment in the Asia Pacific region. The combination of individual wealth creation with Indian GDP growth increases the requirements for business aviation travel and the government is planning to open at least 30 new airports throughout India to support that growth. Saraya Aviation is well established and positioned to lead the adoption of Raisbeck systems on King Airs in that important region," said Michael McConnell, President of Raisbeck Engineering. "There are over 200 King Airs in India and we are confident that Saraya can install Raisbeck systems on many of those King Airs in country. We are proud to have Saraya as the first dealer of Raisbeck Engineering in India."

Saraya has started the first installation of an EPIC PLATINUM package on a King Air B200C series aircraft and expects to take delivery of several more EPIC packages in 2011. The EPIC PLATINUM package includes Raisbeck/Hartzell Power Propellers, Enhanced Performance Leading Edges, Dual Aft Body Strakes, Ram Air Recovery System, High Flotation Gear Doors and Crown Wing Lockers, along with an Aircraft Flight Manual Supplement that enables the FAR Part 25 level of performance.