FLYHT Supports Boeing for Tracking, Locating and Flight Data Recovery Solutions Testing

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FLYHT Supports Boeing for Tracking, Locating and Flight Data Recovery Solutions Testing

CALGARY, AB--(Marketwired - August 10, 2017) - FLYHT Aerospace Solutions Ltd. (TSX VENTURE: FLY) (OTCQX: FLYLF) (the "Company" or "FLYHT"), per the Boeing press release dated July 6, 2017, will provide the Automated Flight Information Reporting System (AFIRS™) product and management platform (UpTime™ Cloud) to Boeing as part of their upcoming flight test program on a FedEx B777 aircraft. FLYHT will participate in the portion of the ecoDemonstrator Program designed to collect data and produce test reports that are necessary to demonstrate Autonomous Distress Tracking and the Timely Recovery of Flight Data in order to drive industry standardization and requirements. FLYHT's portion of the project was initiated in April 2017 and is expected to be complete in 2018.

The Boeing ecoDemonstrator Program plays a key role in the company's environmental strategy by using flight testing to accelerate new technologies that can reduce emissions and noise, improve airlines' gate-to-gate efficiency and help meet other environmental goals. In 2018 for six weeks, Boeing and FedEx Express will work together to flight-test more than 30 technologies aboard a FedEx-owned 777 Freighter. The two companies are committed to reduction of the environmental impact of their products and in advancing technology that will improve performance.

FLYHT will provide equipment, software, a Supplemental Type Certificate and support to Boeing for this evaluation. This program will test many features including enhancements to AFIRS that will allow the product to stream flight data over different satellite systems, including Iridium and an Inmarsat SwiftBroadband connection. The flight data information streamed during the test flights will produce real-time animation, demonstrating improved situational awareness of the cockpit during these events. Also, the flight test program will also stream real-time cockpit audio -- demonstrating that all the "black box" data can be captured this way.

"FLYHT is very excited to work directly with Boeing and FedEx to validate our product's unique value proposition," remarked Tom Schmutz, FLYHT's Chief Executive Officer. "We have a fantastic solution for Autonomous Distress Tracking and Timely Recovery of Flight Data and look forward to testing our newly expanded solution with the Boeing engineering team."

The International Civil Aviation Organization (ICAO) council adopted new provisions to Annex 6 of the Chicago Convention (Operation of Aircraft) in March of 2016 that will take effect between now and 2021. These amendments require aircraft to carry Autonomous Distress Tracking devices which can autonomously transmit location information at least once every minute in distress circumstances. Aircraft are also required to be equipped with a means to have flight recorder data recovered and made available in a timely manner.

The ICAO council established performance based provisions which will allow existing and emerging technologies to be used to meet these requirements, so airframers will be required to choose how they will comply. FLYHT has commercially fielded products that provide Autonomous Distress Tracking and flight data recorder streaming, which it first deployed in April 2014 with First Air, a Canadian Airline Operator.

About FLYHT Aerospace Solutions Ltd.

FLYHT's mission is to improve aviation safety, efficiency and profitability (located in Calgary, Canada; publicly traded as: FLY: TSX.V; FLYLF: OTCQX). Airlines, leasing companies, fractional owners and original equipment manufacturers have installed the Automated Flight Information Reporting System (AFIRS™) on their aircraft to capture, process and stream aircraft data with real-time alerts. AFIRS sends this information through satellite networks to the UpTime™ cloud-based data center, which provides aircraft operators with direct insight into the operational status and health of their aircraft and enables them to take corrective action to maintain the highest standard of operational control.

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information
FLYHT Aerospace Solutions Ltd.
Paul Takalo
Interim Chief Financial Officer
403-291-7425
[email protected]

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
[email protected]

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