Precision Aviation Group (PAG) Acquires Gardner Aviation Specialist (GAS)

Atlanta, GA – March 4, 2011 —Atlanta, GA - based Precision Aviation Group (PAG), exclusive provider of ISMRO® (Inventory Supported Maintenance Repair & Overhaul), announces the acquisition of Peachtree City, GA - based Gardner Aviation Specialist (GAS), an FAA Repair Station specializing in Avionics Installations, “Glass Panel” upgrades, Aircraft Maintenance, and MRO Services.

The GAS purchase allows PAG to expand the services it provides to customers operating Fixed and Rotary-wing aircraft. GAS operates out of a 35,000 square foot Hangar at Peachtree City’s Airport – Falcon Field (KFFC). “The acquisition of GAS expands the number of services we can provide to our customers. Having the ability to perform Avionics Installations, “Glass Panel” upgrades, Airframe Maintenance, Interior work and at the same time expand our internal MRO capabilities in one acquisition made this a perfect fit. Also, expanding our strategic partnerships with OEM’s is critical for our long term success. GAS brings 22 OEM relationships that will allow us to greatly expand the number of products we offer,” said David Mast, President & CEO of PAG.

About Precision Aviation Group: PAG is a leading provider of products and value-added services to the worldwide Aerospace and Defense industry. With 90,000 square feet of sales/service facilities in the United States and Canada, PAG uses its distinct business units and customer focused business model to serve aviation customers through two business functions – Aviation Supply Chain and its trademarked Inventory Supported Maintenance, Repair and Overhaul – (ISMRO®).

PAG provides parts and MRO services for Fixed and Rotary-wing aircraft through Precision Heliparts (PHP www.heliparts.com) and Precision Accessories & Instruments (PAI www.precisionavionics.com) in Atlanta, GA and Precision Heliparts – Canada (PHP-C www.heliparts.ca) and Precision Accessories & Instruments (PAI-C www.pai-canada.com) in Vancouver, BC. PAG has MRO capabilities on over 8,500 different products, including Accessories, Avionics, Hydraulics, Instruments, NDT, Starter/Generators, and Wheels/Brakes.

About Gardner Aviation Specialist – Gardner Aviation Specialist (www.gardneraviation.com) has been known for over 18 years as one of the premier avionics and maintenance shops in the South East and is located at the Peachtree City Falcon Field Airport, just South of Atlanta. With 19 employees, 8 of which are pilots and over 300 years of aviation related experience we know what keeps you in the air. GAS works on a wide range of aircraft and helicopters, from corporate jets to LSA planes. GAS also offers rotables, exchanges, and avionics and instrument repair services.

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