Eclipse Announces Official Start of Production

Eclipse Aerospace, Inc. 

04.06.2012 18:00
---------------------------------------------------------------------------

ALBUQUERQUE, N.M., 2012-06-04 18:00 CEST (GLOBE NEWSWIRE) -- During the first
International Eclipse Dealer and Sales Conference held this past Friday in
Albuquerque, Eclipse Aerospace, Inc., manufacturer of the world's first very
light jet (VLJ), announced the official launch of initial production of the new
model Eclipse 550 twin-engine jet. Eclipse dealers representing the United
States and over 30 different countries were on hand as the management team and
Board of Directors for Eclipse Aerospace all signed the fuselage of the first
production aircraft, Serial Number 1001. The ceremony continued with the
Eclipse production team officially mating the forward keel assembly to the
fuselage. 

Now armed with an established supply chain, a new FAA production certificate,
and a certified airframe, Eclipse is officially back in production with
deliveries beginning in 2013. Eclipse plans initial low-volume production with
the first aircraft taking approximately 12 months to complete as the balance of
the production line is re-tooled and validated during the process. Full
production for an estimated 50 to 100 aircraft per year is expected in 2014,
paced by market demand. 

Mason Holland, CEO & Chairman of Eclipse Aerospace commented, 'New production
of the Eclipse Jet, that was the ultimate goal of EAI when we started the
process two and a half short years ago. The excellent team at Eclipse Aerospace
along with our strong supply chain partners have brought us back into the
production market. I am simply humbled by everyone's efforts!' 

In addition to the new production announcement, Eclipse also announced the
official roll out of the Eclipse International Dealer organization. Eclipse
Dealers from around the world representing over 30 countries attend and signed
agreements for the purchase of new Eclipse 550 Jets slated for delivery in 2014
and early 2015. 

The new model Eclipse 550 twin-engine jet is built upon the same excellent and
well tested Eclipse 500, but will deliver with the next evolution of aircraft
systems for general aviation jets which will include auto-throttles, synthetic
vision, enhanced vision, and a redundant flight management system. First
deliveries are expected in mid 2013. For more information including how to
order visit www.eclipse.aero. For photos from the event, go to
www.eclipse.aero/production.zip. 

About Eclipse Aerospace, Inc.

Eclipse Aerospace, Inc. is the manufacturer of the Eclipse 550 twin-engine jet,
the most fuel-efficient jet in the world. Eclipse also provides engineering,
maintenance, service, and support for the fleet of 260 Eclipse 500 Twin-Engine
Jet aircraft. Adhering to the motto 'Customer First,' Eclipse Aerospace is
focused on providing a superior customer experience for existing and future
owners, operators, and pilots of the revolutionary Eclipse Jet aircraft.
Eclipse Aerospace corporate offices are based in Charleston, S.C. Principle
operations are located in Albuquerque, N.M. and Chicago, Ill. Eclipse Aerospace
is located on the web at www.ECLIPSE.aero. 


         CONTACT: Chad Elkins
         chad.elkins@eclipse.aero
         843.284.1105
News Source: NASDAQ OMX



04.06.2012 Dissemination of a Corporate News, transmitted by DGAP - 
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Eclipse Aerospace, Inc.
              
               
              United States
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         US9901999865
WKN:          
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------