Press Release

Issued by Piper Aircraft.

July 26, 2010

Piper Aircraft's new trail blazing PiperMatch™ program makes aircraft ownership more affordable for pilots who aspire to own one of the company's exhilarating airplanes.

PiperMatch connects aviators interested in combining their buying power to own a new Piper aircraft at a reduced cost. Under the program, trained PiperMatch specialists work to link aviators with carefully matched co-owner candidates – Piper enthusiasts who share location, financial wherewithal, and have compatible profiles.

Legacy of Affordability

"Piper Aircraft has a rich history of making General Aviation affordable and accessible to aviators who share the passion for flight," said Piper Executive Vice President Randy Groom. "PiperMatch takes that legacy to the next level to assist more pilots afford to live the dream," he added.

"What makes PiperMatch extraordinarily useful is the large database of aviators who are willing co-owners," Groom said. "Now Piper dealers have an effective tool to match aviators who want to share costs and who live in proximity but may never meet if not for the PiperMatch program."

Database and Expert Advice

The innovative partner matching service is provided free of charge by Piper dealers who can help consumers discover which Piper airplane model makes the most sense for their intended missions and budgets. PiperMatch specialists then compile a list of potential co-owners who meet specific criteria.

The PiperMatch database is comprised of thousands of aviators who have already embraced the concept of reducing the cost of ownership through co-ownership.

While PiperMatch is an effective tool to identify potential co-owners, the program does not end there. Aviators working through local dealers to access PiperMatch also have access to a suite of services from a specially structured team of professionals.

Legal, Tax, Finance, Insurance Help

These experts help form legal structures for co-ownership and assist with tax, finance and insurance matters. The tax, legal, finance and insurance expertise is provided by the collaborative efforts of PiperMatch Ownership Services and the AOPA Insurance Agency.

Ultimately, PiperMatch will help more people realize the dream of aircraft ownership by sharing costs and it will help aviators get more aircraft for less money. To learn more about PiperMatch, customers may visit www.PiperMatch.com or contact local Piper dealers.