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Yankee Pacific Aerospace Merges Two Holdings

Engineering (OK) and Production (TX) Now Under Unified Management

Rye, NH, December 31, 2008.......Yankee Pacific Aerospace, Inc., an aerospace investment company headquartered in Rye, NH, has merged two of its holdings, effective January 1, 2009.

Executive Aircraft Completions, Tulsa, OK and Cabin Innovations, LLC, Lewisville, TX, will be merged into a single division, which will be called Cabin Innovations. The merger is concurrent with the official opening of Cabin Innovations' new 39,630 sq. ft. state-of-the-art facilities in Lewisville, TX, completed in December, 2008.

The new Cabin Innovations will have its design, engineering and certification office in Tulsa and a production and engineering office in Lewisville. Rick Richardson, president of Executive Aircraft Completions and CEO of Cabin Innovations, LLC, becomes president of the new Cabin Innovations and will continue to be based in Tulsa.

Danny Wintz, president of Cabin Innovations, LLC, becomes vice president and general manager of the new Cabin Innovations, reporting to Richardson, and will continue to manage Lewisville operations.

Cabin Innovations specializes in the design, engineering, certification and production of turn-key galleys and cabinetry, mechanical components and systems for large business jet custom interiors.

Yankee Pacific Aerospace, through its Cabin Innovations and Jormac Aerospace divisions, is leading supplier of design, engineering and major component manufacture for VIP aircraft interiors, and is a joint venture partner with West Star Aviation, Inc. in the 50Dash4 Performance Upgrade program for the Falcon 50 business jet.

Contact: Kennard E. Goldsmith, Jr.
Managing Director
Yankee Pacific Aerospace, Inc.
500 Brackett Road
Rye, NH 03870

Media contact: Jamie McIntyre
President, Romeo Oscar, Inc.
Marketing Communications

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500 Brackett Road | Rye, New Hampshire 03870 | Telephone: 603.433.3110