Press Release

Issued by Avinode Group.

January 25, 2010

At NBAA Schedulers & Dispatchers Conference 2010, Avinode, the world's largest marketplace for buying and selling charter flights, will announce the launch of their new search engine - the technology behind Avinode 2.0, the next generation marketplace. With real-time creative route construction, allowing for multiple home base management, region searches, and more, air charter professionals will have access to a revolutionary way to source charter.

Optimizing operators' availability and pricing information, Avinode's search engine presents dynamic trip options, offering the most cost and time-efficient trip routing. Industry leader, XOJET's, Senior Vice President, Private Client Services, Doug Bryan, sees the benefit of having sophisticated technology behind building trips efficiently and resourcefully. "The options are there but not always readily known, however, with Avinode's new search engine, the optimized alternatives are instantly made available." Mr. Bryan continues by saying, "We believe this technology is absolutely necessary for people searching for charter — it is cost-saving for operators, as well as in procurement."

Scheduled for release at the end February 2010, Avinode CEO, Niklas Berg, says Avinode's latest development "is accommodating the new ways of doing business within the charter market thanks to intelligent design and integrated logic."