FLYHT Announces Realignment of Officer Roles
February 03 2014 - 6:07AM
Marketwired
FLYHT Announces Realignment of Officer Roles
CALGARY, ALBERTA--(Marketwired - Feb 3, 2014) - FLYHT Aerospace
Solutions Ltd. ("FLYHT" or the "Corporation") (TSX-VENTURE:FLY) is
pleased to announce the promotion of Matt Bradley to the position
of President effective January 31, 2014. This realignment will
allow Bill Tempany, FLYHT's current Chief Executive Officer and
former President, to focus on FLYHT's public market participation
and broader business initiatives. Mr. Tempany will remain on the
Board of Directors.
"The Board of Directors at FLYHT would like to recognize Bill
for his leadership over the past eleven years as CEO and two years
as President, including his most recent efforts in raising $6.1
million in December's warrant and stock option exercise (see press
release dated December 24, 2013). Mr. Tempany will continue to lead
the company as a member of the board, and CEO," remarked Doug
Marlin, Chairman of the FLYHT Board. "Mr. Bradley is an excellent
candidate for President based on his expertise in the industry and
leadership at FLYHT for the past half-decade."
Mr. Bradley has been an integral part of FLYHT's management team
for over five years. Mr. Bradley acted as FLYHT's VP Operations
from 2008 to 2010 and for the past four years has been FLYHT's VP
of Business Development, leading the Corporation's international
team. In total, he has over 25 years experience in the industry as
a CF-18 fighter pilot with the Canadian Air Force, a commercial
Captain and CheckPilot on the Airbus A330 and A320 aircraft and an
aviation consultant prior to joining the FLYHT team.
Additionally, FLYHT has reassigned Derek Graham to the role of
Chief Technical Officer (he was previously engaged as FLYHT's Chief
Operating Officer). This move was made to ensure the steady flow of
quality products for FLYHT's customers. Mr. Graham has more than 10
years of combined aeronautical satellite product development and
management experience and brings extensive depth and leadership to
the FLYHT team.
Lastly, FLYHT has reassigned Jeff Brunner to the role of VP
Certification Engineering and China Operations (he was previously
engaged as FLYHT's VP Operations). In his new role he will be
responsible for the leadership of the airworthiness certification
team and for the delivery of products and services into the China
market. Mr. Brunner is a professional engineer with over 18 years
in the industry and has been with the Corporation for the past nine
years. He led the initiative to have FLYHT certified by Transport
Canada as a Design Approval Organization ("DAO").
The FLYHT Board of Directors approved this realignment to
recognize the results that the team has delivered over the last
year as well to prepare the Corporation for upcoming growth. FLYHT
will recruit more senior sales staff to augment its sales efforts
and support Mr. Bradley in his new role. Other members of the
senior management team continue to provide the Corporation with
very solid opportunities.
About FLYHT Aerospace Solutions Ltd.
FLYHT provides proprietary technological products and services
designed to reduce costs and improve efficiencies in the airline
industry. The Company has patented and commercialized three
products and associated services currently marketed to airlines,
manufacturers and maintenance organizations around the world. Its
premier technology, AFIRS™ UpTime™, allows airlines to monitor and
manage aircraft operations anywhere, anytime, in real time. If an
aircraft encounters an emergency, FLYHT's triggered data streaming
mode, FLYHTStream™, automatically streams vital data, normally
secured in the black box, to designated sites on the ground in
real-time. The Dragon is FLYHT's latest product, a revolutionary
light weight portable satellite communications device that blends
existing FLYHT technology with that of the iPad.
AFIRS, UpTime, the Dragon FLYHT, FLYHTStream and AeroQ are
trademarks of FLYHT Aerospace Solutions Ltd.
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.
FLYHT Aerospace Solutions Ltd.Thomas R. French, CGAVP Finance
and CFO(403) 291-7427tfrench@flyht.comwww.flyht.comInvestor
Relations: The Howard Group Inc.Dave BurwellSenior Associate(888)
or (403) 221-0915dave@howardgroupinc.comBristol Institutional
RelationsGlen AkselrodPresident(905) 326-1888glen@bristolir.comKin
Communications Inc.Fred Leigh(866) or (604)
684-6730FLY@kincommunications.comJoin us on social
media!www.facebook.com/flyhtwww.twitter.com/flyhtcorpwww.slideshare.net/flyhtcorpwww.youtube.com/flyhtcorp
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