Press Release

Issued by Jetlevel.

July 16, 2013

Asset Insight, Inc. today announced that Jetlevel GmbH would be providing marketing and sales support services within Europe and western Russia. Headquartered in Vienna, Austria, Jetlevel will focus on expanding Asset Insight's presence within Europe's business aviation, including fleet operators, financial services entities, management companies, appraisers, brokers, and other aircraft support organizations.

“We view our agreement with Jetlevel as a natural progression toward establishing the Asset Insight Index as the global standard by which an aircraft's technical condition is measured and graded,” said Tony Kioussis, president of Asset Insight, Inc. “An aircraft's maintenance condition is a major component of its value. Our services enable anyone with an ownership interest in such an asset the ability to more accurately value the asset through a better understanding of the aircraft's maintenance condition and how it compares to other aircraft, including those listed for sale.”

“We are proud to represent Asset Insight's services within Europe,” said Thomas Frank, managing director of Jetlevel GmbH. “We believe this powerful new tool greatly improves understanding of an asset's technical condition and how it affects its current value. Our industry has been seeking such a capability, and we look forward to offering Asset Insight's services to the business aviation community.”