Press Release

Issued by ONE Aviation Corporation.

July 25, 2011

Eclipse Aerospace, Inc. (EAI) today announced the approval by the FAA for all Eclipse jets to return to a maximum certified service ceiling of 41,000 feet. This will be effective for owners and pilots immediately upon the installation of the recently recertified combustion liners. EAI and Pratt and Whitney Canada, Corp (P&WC) have both been strongly committed to resolving this issue which previously resulted in carbon buildup on the static vane on a limited number of P&WC PW610F engines.

"What an exciting time for Eclipse and our customers. The return to 41,000 feet has been among the most difficult challenges to overcome in our restart program. By completing the combustion liner replacement project," said Mason Holland, Chairman and CEO of Eclipse Aerospace. "We are officially announcing that the commitments to our existing customers have all been successfully met. We look forward to continuing to provide service for our customers while advancing innovations for the Eclipse twin- engine jet."