Limco-Piedmont Inc. Announces New Chief Executive Officers

TULSA, OK -- Limco-Piedmont Inc., a provider of MRO, services, and parts supply services to the aerospace industry, announces that Robert (Bob) Koch and Ehud Netivi have been named Co-Chief Executive Officers effective Oct. 2, 2008.

Koch was previously the President of Limco-Airepair Inc. and Netivi was previously the President of Piedmont Aviation Component Services Inc., subsidiaries of Limco-Piedmont Inc. They succeed Shaul Menachem who has stepped down as a Director and CEO of the company, but will remain an employee of the company through Dec. 31, 2008. Dr. Shmuel Fledel, the CEO of the company's parent, TAT Technologies Ltd., was also elected Chairman of Limco-Piedmont Inc. and will assume an active role in the company's business.

Both individuals have strong aerospace backgrounds. Koch was employed for almost 20 years by the Lori Heat Transfer operations of Honeywell Aerospace. He joined Nordam Group Inc. in January 2005 and most recently served as Senior Director of Support Services, located in Tulsa, OK. Netivi has more than 30 years experience in the aerospace industry, serving in various managerial roles with Israel Aircraft Industries. Netivi served as Production Manager, Business Development and Marketing Director, and General Manager of several IAI subsidiaries. Most recently, Netivi served as Business Development and Marketing Director of IAI International, located in St. Louis, MO.

Fledel has served as TAT Technologies Ltd's CEO since May 2008. Prior to that, between the years 2005 and 2008, Fledel served as Executive Vice President, Maintenance and Engineering of El-AL Israel Airlines Ltd. From 1998 to 2005, Fledel served as the Chief Executive Officer of Cyclone Aviation Products Ltd., an Israeli company which serves as the Elbit Systems Group's design and production center for metal and composite structural aircraft components and parts for leading aerospace companies and OEMs. From 1995 to 1998, Col. (Res.) Fledel served as the Depot Commander of the Israeli Air Force.

"We are very grateful to Shaul for his years of service and dedication to Limco and Piedmont. He has positioned the company well for the next steps in our growth strategy. We are honored to now take the lead," say Koch and Netivi.

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