News
Precision Accessories & Instruments Canada announces their EASA Approval

Feb. 6, 2008 – Atlanta-based
Precision Aviation Group (PAG), exclusive provider of “ISMRO”
(Inventory Supported Maintenance Repair and Overhaul), announced on 
Mon., Feb. 4, 2008 that their Vancouver based MRO facility PAI-C has
received EASA approval.

PAI-C was acquired in April 2007 by PAG to extend ISMRO services to its
existing customers in the expanding Canadian market operating both
rotary-wing and fixed-wing aircraft. PAI-C has expanded it’s MRO
function and inventory levels by 15% since acquisition by PAG
ten-months ago. “Our goal is to continue to provide the best value in
both helicopter and turboprop fixed-wing parts sales and service. Our
business practices distinguish us in providing technical expertise,
exceptional customer Service, and in maintaining large inventory to
support our customers,” said David Mast, President & CEO of PAG.

PAI-C provides a full range of repair and overhaul services to
helicopter operators, and also supports regional, corporate, and
charter turboprop operators. PAI-C specializes in the repair and
overhaul of starter generators, instruments, avionics, electrical
accessories and components with its unique Inventory Supported
Maintenance Repair/Overhaul (ISMRO) operations to more than 9,000
customers in 66 countries.

“PAI-C’s EASA certification will allow us to grow with the Canadian
market and continue to meet the increased demands of our customers,”
said Scott James, PAG’s Managing Director and the company’s founder.
“We’re committed to providing the best customer service in the general
aviation industry both domestically and internationally.”

Simply put, ISMRO is the combination of a traditional parts distributor
with MRO functions and is the new industry model for parts providers.
The PAG companies support Bell, Eurocopter, McDonnell-Douglas/Hughes,
Agusta, and Sikorsky helicopters along with fixed-wing aircrafts, such
as Beech Kingair, Cessna Caravan’s / Citation’s, and Piper Cheyenne’s.
Industries and governmental entities served by PAG include medi-vac,
law enforcement, firefighting, military and offshore service providers.

About EASA

EASA, the Cologne, Germany-based agency was created by the European
Union in 2003 and was given specific regulatory and executive tasks in
the field of civilian aviation safety. In 2008, the agency will take
over functions of the Joint Aviation Authorities (JAA). EASA also sets
policy for aeronautical repair stations (Part 145 organizations in
Europe and the US – also known as Part 571 organizations in Canada) and
issues repair station certificates for repair stations located outside
the EU (which permits foreign repair stations to perform work
acceptable to the European Union on EU aircraft).

About Precision Aviation Group (PAG)

PAG has 93 full-time employees with 21 full time sales people, 38
technicians and maintains distribution-service facilities in Atlanta,
Ga. and Vancouver, BC. The combined facilities have more than 50,000
square feet of office, warehouse and shop space, which carry FAA, EASA
and Transport Canada certifications. PAG stocks more then 50,000 line
items of inventory to provide our exclusive “ISMROÔ” (Inventory
Supported Maintenance Repair and Overhaul) services to customers in 66
countries.

The Precision Aviation Group (PAG) Companies:

Precision Heliparts, Inc. (PHP) Atlanta, GA. FAA Repair Station
#PY8R545X. Sells and services helicopter instruments, avionics, and
accessories.
Precision Heliparts Canada, Inc. (PHP-C), Vancouver, B.C. Canadian DOT
#92-02. Sells and services helicopter instruments, avionics and
accessories.
Precision Avionics & Instruments (PAI), Atlanta, GA. FAA Repair
Station #ZV4R714M. Sells and services aircraft instruments, avionics,
and accessories.
Precision Accessories & Instruments Canada (PAI Canada) Vancouver,
B.C. Canadian AMO # 96-04. Sells and services aircraft instruments,
avionics, and accessories.