Press Release

Issued by SyberJet Aircraft.

August 27, 2009

Emivest Aerospace Corporation (EAC) is pleased to announce the first flight of Morgan Freeman's SJ30, serial number 010 - N30GZ. The aircraft flew this morning under a beautiful Texas sky by EAC Production Pilot Bryan Dennsion and EAC Chief Test Pilot John Siemens. This marks the beginning of the production flight test of the aircraft and makes the second SJ30 to enter into production flight test this year. SN 008 which flew earlier this summer is scheduled to be delivered to the customer within 2 weeks.

SN 010 is scheduled to enter into the Jet Works Air Center's facility in Denton, Texas as early as next week for completion work. SN 010 will receive its interior completion, exterior paint, and the installation of an HF radio SELCAL, Garmin 500 with XM weather, XM radio, entertainment package, cockpit speaker mute switch, and dual mode S transponders (with enhanced surveillance) upgrades.