Press Release

Issued by Green Charter 2022.

July 31, 2007

Adam Aircraft announced that Steve Crowley will join the company as Vice President of Sales, Marketing, and Customer Support. Crowley brings more than 25 years of experience in the commercial aircraft industry to Adam Aircraft. During his career, he has held executive positions in Sales, Marketing, Finance, and Airplane Program Management with The Boeing Company and Bombardier Aerospace.

"Steve's years of experience in sales and building customer relationships and loyalty are very important to Adam Aircraft's development and growth," said Adam Aircraft President Duncan Koerbel. "We are pleased to have Steve on board not only to help expand our market penetration, but also to make sure the proper customer support network is in place to take care of our customers after aircraft are delivered."

Prior to joining Adam Aircraft, Crowley was a senior executive at Bombardier Aerospace where he held multiple positions including Vice President Asia/Pacific Sales for Bombardier Regional Aircraft and Vice President Sales and Marketing for the Bombardier C-Series Program. Before Bombardier, Crowley had a long and successful career at The Boeing Company. In his most recent assignment at Boeing, Crowley served as Business Director and Deputy to the Executive Vice President of Commercial Airplane Sales. In this capacity, he led BCA sales teams worldwide and developed global customer strategies.

Crowley earned his Bachelor of Arts in Business Administration and Finance at Pacific Lutheran University and his MBA at the University of Puget Sound.

"I am pleased to be part of a company whose innovative designs bring leading-edge technology to the marketplace" said Crowley. "The A500 and A700 provide our customers with the latest high-tech materials and design, as well as a compelling economic value, and both airplanes are a lot of fun to fly. This is an exciting family of airplanes and the Adam Aircraft team is world-class."