Press Release

Issued by ABS Jets.

September 2, 2014

ABS Jets is pleased to announce that it has signed an agreement with Honeywell that appoints ABS Jets as a Honeywell authorized service center Level 1, as well as a Honeywell authorized avionics dealership.

“We are excited to be part of the Honeywell service and dealer network,” said Vladimir Petak, ceo and board member of ABS Jets. “Our companies are working together to provide our customers with superior quality, value and service for which both Honeywell and our company are so well known.”

The technical performance of the ABS Jets' service center as well as its important customer portfolio are acknowledged by this agreement. The proven performance of its technical team has placed the Prague based company in a leading position for servicing the Embraer Legacy family of aircraft. “We are targeting to be a preferred installation service center for upgrades on the complete Legacy fleet and be able to provide improved efficiency on the product support as our teams will have from now on a permanent and dedicated access to Honeywell support tools.,” explained Thierry Barré, the technical director of ABS Jets. "Our collaboration with Honeywell provides business aviation customers operating Legacy aircraft with the peace of mind that our combined experience and commitment to serve will deliver.”

The agreed cooperation will result in more favorable pricing and joint marketing measures; a customer information event is already scheduled to take place in Prague in 2015. Last year, ABS Jets has sold a significant amount of Honeywell's industry-leading products.