Greenwich AeroGroup Names Ted Miller President of Matrix Aviation

Greenwich AeroGroup Greenwich, CT, July 22, 2009 — Greenwich AeroGroup, Inc. announced that Ted Miller will become president of its avionics and instrument sales business, Matrix Aviation, Inc. effective July 27, 2009. Matrix Aviation is an operating subsidiary of Banner Aerospace, Inc., a Greenwich AeroGroup company.

Mr. Miller comes to Matrix Aviation with an extensive background in avionics and instruments garnered over 30 years in the aviation industry. Before joining Matrix Aviation, Mr. Miller was with Duncan Aviation for 23 years, where he held a number of management, sales, and technical positions. Most recently, he was responsible for Duncan Aviation’s Paint, Interior, and Avionics Sales in Battle Creek, Michigan.

“We are very excited to have someone with Ted’s experience to lead Matrix Aviation,” commented Warren Persavich, President of Banner Aerospace. “For many of his years at Duncan, the group that Ted led was primarily responsible for buying and selling instruments and avionics. He has developed a tremendous reputation and his in depth knowledge will enable us to further grow the business at Matrix and better serve our aviation customers.”

Matrix Aviation is a supplier of quality avionics, instrumentation, TCAS and radar equipment and is located in Wichita, Kansas. Matrix Aviation serves operators of business turbine aircraft, regional airlines and rotorcraft, as well as providers of ancillary aviation services, and provides around the clock AOG service 365 days a year.

Banner Aerospace is a diversified family of companies serving loyal customers worldwide, including OEMs, commercial and regional airlines, air cargo carriers, corporate and general aviation, and FBOs. Banner Aerospace’s products and services are divided into two groups: distribution and repair and overhaul, and are conducted through six operating companies: DAC International, Inc. located in Austin, Texas; Matrix Aviation, Inc. located in Wichita, Kansas; Professional Aviation Associates, Inc., located in Atlanta, Georgia; Professional Aircraft Accessories, Inc., located in Titusville, Florida; and NASAM Incorporated and GCCUS, Inc. both located near San Francisco, California.