Press Release

Issued by IFS.

July 21, 2011

Mxi® Technologies, the leader in aviation maintenance management software, has announced the opening of their new corporate office in Hong Kong in order to support the growing demand for the Maintenix software throughout the Asia-Pacific region. The decision to locate Mxi Technologies' office in Hong Kong was supported by the city's close proximity to all major Asian markets and its role as an aviation and MRO hub for the region.

"For more than six years, Mxi Technologies has actively supported the Asia-Pacific region through our corporate office in Sydney and by working directly with customers and various in-region partners to develop a strong market presence," says Dave Siebel, Chairman and CEO, Mxi Technologies. "The establishment of an additional regional office in Hong Kong allows us to further build on this success while actively responding to increased market momentum for next generation solutions and offer on-the-ground representation to a growing customer base in Asia."

Witono Lukman has been named Managing Director for the new office, bringing years of aviation maintenance expertise to current and potential Mxi customers in the region.

Mxi Technologies' Maintenix® product suite and complementary services are currently used across 6 continents. Mxi offerings are ideally suited for the high-growth aviation market in the Asia-Pacific region with solutions targeted towards commercial airlines, original equipment manufacturers, third-party MROs, and defense.

With this addition, Mxi Technologies' global presence has expanded from regional offices in Sydney, Amsterdam, Miami, Seattle, Washington D.C, and corporate headquarters in Ottawa.