KHK Kitty Hawk

Kitty Hawk, Inc. (AMEX:KHK) announced today the appointment of Melvin L. Keating, 59, to serve as a director on Kitty Hawk's Board of Directors. Mr. Keating's appointment increases Kitty Hawk's Board from six directors to seven. In March 2006, Mr. Keating was appointed President and Chief Executive Officer of Alliance Semiconductor Corporation (Nasdaq:ALSC) after serving as interim President and CEO since October 2005. Previously, Mr. Keating served as Executive Vice President, Chief Financial Officer and Treasurer of Quovadx, Inc. (Nasdaq:QVDX). In addition, Mr. Keating has served as a strategy consultant to Warburg Pincus Partners, a private equity and venture capital firm, President and CEO of Sunbelt Management, an owner and manager of commercial and retail properties and the largest landlord of Target Stores, and Senior Vice President-Finance & Administration of Olympia & York Companies. In addition to the Kitty Hawk Board, Mr. Keating serves on the Board of Directors of Plymouth Rubber Company and previously served on the Board of Directors of Price Legacy Corporation, a Real Estate Investment Trust. He holds two Masters degrees from the University of Pennsylvania, Wharton School and a B.A. from Rutgers University. "We're delighted to welcome Melvin Keating to the Board of Directors," said Gerald L. Gitner, Chairman of the Board. "Mr. Keating brings a wealth of business leadership and investment community experience to the Board and we look forward to his contributions." Robert W. Zoller, Kitty Hawk's President and CEO, added, "The addition of a seventh Director, and specifically Mr. Keating, not only coincides with the recent expansion of the Company's products and services, but also enhances the Company's ability to evaluate and execute future strategic growth opportunities." Mr. Keating was recommended to the Board's Governance and Nominating Committee by one of the Company's largest stockholders, Bryant Riley, who also serves as Chairman of the Board of Alliance Semiconductor Corporation. About Kitty Hawk, Inc. As a recognized leader in customer service, Kitty Hawk is the premier provider of guaranteed, mission-critical, scheduled overnight air and beginning October 31, 2005 of scheduled time-definite coast-to-coast less-than-truckload (LTL) ground freight transportation to major business centers and surrounding communities throughout North America, including, Alaska, Hawaii, Toronto, Canada, and San Juan, Puerto Rico. With more than 30 years experience in the aviation and air freight industries, Kitty Hawk plays a key connecting role in the global supply chain. Kitty Hawk serves the logistics needs of more than 550 freight forwarders, integrated carriers, logistics companies and major airlines with its extensive integrated air and ground network, fleet of Boeing 737-300SF and 727 cargo aircraft, as well as a 239,000 square-foot cargo warehouse, US Customs clearance and sort facility at its Fort Wayne, Indiana hub. In 2005, Kitty Hawk became the North American launch customer for the fuel-efficient and environmentally-friendly Boeing 737-300SF aircraft. Kitty Hawk's air and ground cargo networks and award-winning, guaranteed overnight time-definite service are ideal for heavy-weight shipments (over 150 lbs), special goods with unique dimensions, perishables, animals and other valuable shipments.