Press Release

Issued by ONE Aviation Corporation.

July 25, 2012

Pratt & Whitney Canada's (P&WC) PW610F engine has been selected by Eclipse Aerospace to power the next-generation Eclipse 550 twin-engine business jet. The PW610F has proven itself on the 261 Eclipse 500 aircraft currently in service with exceptional performance, efficiency and reliability. Pratt & Whitney Canada is a United Technologies Corp. company.

"This agreement expands our relationship with Eclipse Aerospace as we work together to bring this next generation very light business jet to market," said David Van der Wee, Vice President, Business and General Aviation, P&WC. "With the PW610 engine, operators get demonstrated performance and efficiency with the dependability that is the hallmark of Pratt & Whitney Canada."

The PW610F engine – one of three engine models in the PW600 family – has an outstanding in-service record of excellent performance, safety, operating economics and high dispatch reliability. There are approximately 2,000 PW600 engines in service with more than one million flying hours across three platforms.

"We stand behind our products with proactive, flexible customer service and aftermarket solutions to keep our customers flying and eliminate downtime," added Van der Wee. "With our comprehensive support capability, we are available around the clock and around the world with flexible service solutions to support our customers."

The PW610F engine, like all P&WC engines, is backed by the company's comprehensive customer service network, including more than 30 P&WC-owned and designated service facilities and more than 100 field support representatives around the globe, a 24/7 Customer First Centre for rapid expert support, advanced diagnostic capabilities and the largest pool of rental and exchange engines in the market.

"Powered by the PW610F engines, our Eclipse Jet has amazingly efficient fuel consumption that continues to excite our customers. We look forward with equal excitement as we expand our relationship with P&WC through this agreement," added Mason Holland CEO of Eclipse Aerospace, Inc

About the PW600 Engine Family

The PW600 family of turbofan engines can deliver from 900 to 3,000 pounds of thrust and is at the heart of the light and very light jet market. These advanced turbofans have made the convenience and efficiency of point-to-point customized air travel available to more people and businesses at a low cost. The PW600 exceeds all environmental requirements for aircraft engines of this kind.

The PW610F-powered Eclipse 550 features a highly integrated electronic engine control that provides full-featured FADEC (Full Authority Digital Engine Control) management of the engine. This system provides dual-channel redundancy, ease of operation, reduced workload, and intelligent health monitoring and diagnostics.