Innovative Solutions & Support, Inc. receives $1.1 million order for delivery of RVSM avionic equipment
October 26 2005 - 10:00AM
Business Wire
On October 14th Innovative Solutions & Support, Inc.
(NASDAQ:ISSC) announced that Genesis 3 Engineering, Inc. awarded
the company a $1.1 million order in September for RVSM equipment on
Falcon 20 airplanes. Innovative Solutions is a leading supplier of
RVSM equipment with certified solutions for Falcon airplanes as
well as certified solutions for many other business aircraft
including Citation, Learjet, Gulfstream, Sabreliner, Raytheon,
Westwind, Halker and Challenger. RVSM has been implemented
throughout most of the high traffic airspace in the world. The FAA
Domestic RVSM (DRVSM), compliance date, which Canada has also
chosen to adopt, was January 20, 2005. Headquartered in Exton, PA.
Innovative Solutions & Support, Inc. (www.innovative-ss.com)
designs, manufactures and markets flight information computers,
flat-panel displays and advanced monitoring systems that measure
and display critical flight information. This includes data
relative to aircraft separation (RVSM, Reduced Vertical Separation
Minimum), airspeed and altitude as well as engine and fuel data
measurements. Certain matters discussed in this news release,
including operating and financial results for future periods, are
forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially,
either better or worse, from those discussed including other risks
and uncertainties reflected in the Company's prospectus and Form
10-K annual report on file with the SEC.
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