Honoring the industry high flyers

Honoring the industry high flyers Frost & Sullivan recognised the top players in the aerospace and defense industries at the 2008 Frost & Sullivan Aerospace & Defense Awards Banquet

Singapore (BUSINESS WIRE) - The inaugural Frost & Sullivan Aerospace and Defense Asia Pacific Awards banquet was held on Friday, March 14 to honor the industry stalwarts in the Aerospace & Defense industry in the region.

The entire spectrum of the Aerospace and Defense industries was covered to recognise the best-in-class companies inclusive of defense, homeland security, aviation training, original equipment manufacturers (OEMs), aviation after-market, airlines and airports categories.

The guest of honor for the evening was Mr William Goh, President of Singapore Institute of Aerospace Engineers (SIAE).
Around 120 attendees of the ceremony included chief executive officers, vice presidents, executive directors, general mangers from various companies headquartered all over the region, within the Aerospace and Defense industry.

Of those in attendance to receive their coveted titles were Mr Chow Kok Fong (Chief Executive Officer, Changi Airports International), Mr Ambrose William (Senior Vice President - Marketing, ST Aerospace), Rajiv Jain (President, Chhatrapati Shivaji International Airport - Mumbai), Victor Jose I. Luciano (President and CEO, Diosdado Macapagal International Airport Clark International Airport Corporation), Herve Fages (Managing Director, Pelco Asia Pacific Pte Ltd) Joseph Soo (Managing Director, Rohde & Schwarz) and Peter Adams (Managing Director, Seabird Aviation Australia Pty Ltd). Also present were Winston Terence Milner (Director of Business Development, Embraer), Shanker Devarajan (CEO, AviCargo), Dr. Aloysius Tay (Executive Director, AAIS) and Edwin Tan (Deputy General Manager, Singapore EDB).

Frost & Sullivan's Aerospace & Defense awards banquets have successfully been held in the United States and Europe. In Asia Pacific, the 2007 Aerospace & Defense Awards were introduced at the Industrial Technologies Awards, last year.

The companies commended as award recipients are those that have displayed exemplary achievements in areas such as market leadership, marketing strategy, business development strategy, market penetration, customer service, growth strategy and product line strategy, amongst others. Also, qualities such as diligence, perseverance, innovation and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace are pre-requisites of the illustrious award recipient.

Subhranshu Sekhas Das, Practice Head for the Aerospace and Defense Practice, Frost & Sullivan, Asia Pacific, said, "It is no coincidence that the aviation industry in the Asia Pacific region is experiencing robust growth and development. Through years of planning and structuring, foundations have been laid to nurture and revitalize all segments in the aviation market.
Many countries in the Asia Pacific region are emerging as the world-class centres of excellence."

He further added, "Frost & Sullivan is pleased to recognize the leaders in the Asia Pacific aviation and defense industry through its highly coveted Aerospace & Defense Awards. The award recipients are pioneers in their respective fields who not only dared to venture into uncertain market conditions, but gave the region a new-found resolution to achieve greater heights."

The awards seek to showcase best practices in the industry, which are synonymous with Frost & Sullivan's in-depth analysis and coverage of aerospace and defense industry. In keeping with the company's time-honoured commitment of excellence and innovation, the awards offered are carefully reviewed and evaluated to reflect the current market landscape inclusive of the emerging technology trends. The awards are based on extensive market engineering tools evolved by Frost & Sullivan over the years. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

Frost & Sullivan congratulates all the outstanding recipients of the 2007 Frost & Sullivan Industrial Technologies AwardsAwards Categories
Award RecipientsDefense Awards Defense-Commercial Technology Adaptation Company of the Year
Korea Aerospace Research Institute Military Communication OEM of the Year
Rohde & Schwarz Homeland Security Awards Homeland Security Integrated Solutions Provider of the Year
Honeywell Security Homeland Security Video Surveillance Systems Vendor of the Year
Pelco Homeland Security Screening Systems Vendor of the Year
L-3 Security & Detection Systems Homeland Security Systems Provider of the Year
L-3 Security & Detection Systems General Aviation Awards Fixed Based Operator of the Year
Hawker Pacific OEM Awards PMA Market Penetration Leadership of the Year
Wencor PMA Manufacturer of the Year
HEICO Corporation Components OEM of the Year
Asian Composites Manufacturing Airframes OEM of the Year
Seabird Aviation Australia Aviation Training Flying Academy of the Year
Flight Training Adelaide Aviation Workforce Development Organization of the Year
Universiti Kuala Lumpur Malaysia Institute of Aviation Aviation After-Market Customized MRO Center of the Year
AIROD "One Stop Shop" MRO Services Provider of the Year
ST Aerospace Airport Airport Investment Company of the Year
Changi Airports International Aeronautical Excellence Airport of the Year
Chhatrapati Shivaji International Airport Airport of the Year (Below 15 Million Passengers Annually)
Diosdado Macapagal International Airport Airport of the Year (Above 15 Million Passengers Annually)
Singapore Changi Airport Airline Awards Widest Route Coverage Airline of the Year
Japan Airlines Airline Market Penetration Leadership of the Year
AirAsia Airline of the Year

Singapore Airlines Partner association for the 2008 Frost & Sullivan Aerospace and Defense Asia Pacific Awards was Association for Aerospace Industries of Singapore (AAIS) and Singapore Economic Development Board (EDB) was the supporting organization. Supporting media were Asian Airlines and Aerospace, Asian Defense and Diplomacy, Asian Defense Journal and Aerospace Singapore.

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30
offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.

Frost & Sullivan Corporate CommunicationsDonna Jeremiah, +603.6304.5832 djeremiah@frost.com or Corporate CommunicationsSurbhi Dedhia, +65.6890.0926 surbhi.dedhia@frost.com

Anadis Partners with Garden State Nutritionals (GSN) for US market

Anadis Partners with Garden State Nutritionals (GSN) for US market entry of its milk-derived (colostrum) bioactive products

Melbourne, Australia (BUSINESS WIRE) - Anadis (ASX:ANX) (OTC:ANDIY), an Australian Biopharmaceutical company announced today its collaboration with Garden State Nutritionals, a New Jersey based division (GSN) of VitaQuest International in the field of dietary supplements. Anadis and GSN plans to introduce in the coming months and years a range of products, all based on Anadis' proprietary and all-natural milk-derived (colostrum) bioactives and immunoglobulins. The collaboration will allow Anadis to further expedite its penetration into the U.S. Vitamins and dietary supplements, a market which exceeds $15Bn in size, and which experiences growth rate in excess of 5% (Market research/Euro Monitor, 2007).

GSN is one of the largest custom contract manufacturers of nutritional supplements in the United States, and is a leading producer of more than $1 billion in finished retail products per year. With advanced 250,000 sq. ft. manufacturing and packaging facility they produce more than 500 million doses per month and reach all geographical areas of the United States as well as supply to all major regional and national nutritional commercial channels.

"Our expert and dedicated management team has an impressive average of more than 25 years of broad industry experience. We are thrilled to have Anadis with its proprietary Colostrum derived bioactives working with us. We see great potential in introducing Anadis to our more than 300 clients," said Jon Weisgal, VP of Marketing, VitaQuest.

Dr. Zeil Rosenberg, Anadis' New York City-based CEO, said: "GSN develops and manufacture cost-effective, market-leading dietary supplements products in every distribution channel, including health and natural food stores, mass merchandisers, network marketing and direct selling, television shopping, drug chain and direct response TV and radio."

Dr. Oren Fuerst, Anadis' New York City-based VP Business Development said: "Collaboration with GSN allows Anadis to offer our marketing partners complete turnkey solutions, including product concepts, formulations, laboratory services, package and label design, regulatory compliance and assistance in marketing and merchandising. The combination of GSN's skills with our decade of R&D in the field of dairy-derived colostrum bioactives will now allow Anadis to rapidly penetrate the U.S. vitamins and dietary supplements market. This is a four way win combination to Anadis, GSN, the dietary supplements brands under which these products will be marketed, and above all consumers, who will be offered a broad range of new products based on our proprietary, all-natural colostrum platform."

About GSN: GSN is one of the largest custom contract manufacturers of nutritional supplements in the United States. GSN has a highly skilled Product Development group, as well as a Scientific Advisory Board to help avail clients of the latest developments and technical innovations. This multidisciplinary team includes leading research scientists, molecular biologists, physicians, pharmacists, clinical nutritionists, herbalists, food technologists, and sports physiologists.

GSN's facilities are FDA-inspected and operate under strict Good Manufacturing Practices (GMP), and have earned the coveted NNFA GMP "A" Rating. GSN's kosher-approved facilities have been audited and approved by leading independent bodies.

GSN supplies dietary supplements to more than 35 countries around the world. Its Regulatory Affairs group works with customers and regional health authorities to ensure compliance in documentation requirements for each country.

About Anadis (www.anadis.com): Anadis Limited (ASX:ANX) (OTC:ANDIY) is a biopharmaceutical company producing antibodies and other bioactive proteins as health products.

Its all-natural, orally administered and colostrum-derived platform is proven safe and effective, with regulatory classification as GRAS (Generally Regarded as Safe) and BSE-free certification, allowing for rapid progression from concept to market. The company's core technology relies on advanced dairy industry processing methods including immunization of pregnant cows with proprietary antigen specific vaccines, which in turn elicit an immune response by the cow.

First-milking colostrum contains more than 35% immunoglobulin and this targeted antibody, along with other immune system bioactive nutrients, is subsequently harvested, fractionated and freeze dried under the highest dairy industry standards. The company is addressing a variety of unmet human health needs with broad market demand, including: Oral and GI Mucositis; Inflammatory Bowel Disease (IBD); Irritable Bowel Syndrome (IBS); Travellers' Diarrhea; Influenza, Clostridium Difficile and Rotavirus. The company operates from Melbourne, Australia and New York City.

Anadis Limited VP Business DevelopmentDr. Oren Fuerst, +1-646-259-3321 or en@anadis.com or Investor RelationsArie Nudel, +61 3 9358 6388 arie@anadis.com

Omnivision, POSDATA strikes deal for mobile WiMAX commercial service

The First Commercial Mobile WiMAX Operator in Latin America Concludes a Contract with POSDATA to Expand the Network

Seoul, South Korea (BUSINESS WIRE) - Omnivision has concluded a commercial contract with POSDATA FLYVO for the largest scale deployment in Latin America to expand mobile WiMAX service coverage in Venezuela. Under the deal, POSDATA (KOSDAQ:022100) will provide a complete mobile WiMAX solution including 300 base stations and 30,000 plus user terminals for the initial phase in 2008.

Omnivision and POSDATA will further increase deployment and service coverage in 2009 and onward.

Omnivision, the first mobile WiMAX operator in Latin America, has provided service running at 2.5GHz band since July, 2007, and aims to expand coverage from 8million population in Caracas to 28million population nationwide in 3 years, targeting 2.5million subscribers in 5 years.

In order to accomplish this ambitious milestone, Omnivision and POSDATA agreed to maintain a solid partnership in every possible way of mobile WiMAX business.

"Omnivision's nationwide mobile WiMAX network will provide seamless access and connectivity to Venezuela, and we are pleased that POSDATA will be our partner with its leading products," said Mr Dick Abanto Ishiwata, CEO of Omnivision.

"As a global Mobile WiMAX solution provider, POSDATA has been actively deploying IEEE802.16e based systems and terminals in Asian countries. With the supply contract with Omnivision, POSDATA has secured a firm base to expand commercial reference throughout South American countries," said Mr Joonil Shin, Executive Vice President of POSDATA.

About POSDATA Co., Ltd (www.flyvo.com)

POSDATA Co., Ltd. (KOSDAQ:022100) is a global company that provides end-to-end mobile WiMAX solutions. Based on its core mobile WIMAX technologies developed in-house, the company has been providing mobile WiMAX base stations, ASN-gateways, network management systems, as well as user terminals. FLYVO is the brand name for POSDATA's mobile WIMAX business. For more information, please visit www.flyvo.com.

POSDATA Co., Ltd
Luke Lee, +82-31-779-2454 hklee@posdata.co.kr

Spirit AeroSystems designing, mfg wing for new Gulfstream biz jet

Wichita, Kan., (ANTARA News/PRNewswire-AsiaNet) - Spirit AeroSystems, Inc. (NYSE: SPR) announced Gulfstream Aerospace Corporation, a General Dynamics (NYSE: GD) company, as the customer for one of its previously awarded business jet contracts. Spirit's contract to design, produce, and integrate a flight-ready wing for the Gulfstream G650 Business Jet is worth in excess of $1 billion.

"We have more than 45 years of experience designing and building wing structures for commercial and military aircraft," said Don Carlisle, Vice President General Manager of Spirit's Tulsa Division. "We are excited to bring our expertise to the Gulfstream team to produce this premier business jet."

"Gulfstream has such an outstanding reputation in the business jet community," said Spirit President & CEO Jeff Turner. "It is a great opportunity for us to gain such a customer, and the fact that it is Gulfstream's largest and most advanced aircraft makes it even more important for us."

The G650 offers the longest range, fastest speed, largest cabin and the most advanced cockpit in the Gulfstream fleet. It is capable of traveling 7,000 nautical miles at 0.85 Mach or 5,000 nautical miles at 0.90 Mach. Using an advanced aerodynamic design, the G650 has a maximum operating speed of 0.925 Mach, which will make it the fastest civil aircraft flying. It can climb to a maximum altitude of 51,000 feet.

Spirit won the contract through a global competitive bid process. The company will utilize its internal capability and global supply base to design and manufacture components for the aircraft. Final assembly, testing and delivery will be done at its Tulsa, Okla., facility.

About Spirit AeroSystems Inc

Based in Wichita, Kan., Spirit AeroSystems is the world's largest independent supplier of large component parts and assemblies for commercial aircraft. The company does work in military and general aviation, as well as aftermarket customer support. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England.

This press release contains forward-looking statements concerning future business opportunities. Actual results may vary materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement practices or in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed in Spirit AeroSystems Holdings, Inc. Securities and Exchange Commission filings.

On the web: http://www.spiritaero.com
SOURCE: Spirit AeroSystems, Inc.
CONTACT: Debbie Gann,
Corporate Communications of Spirit AeroSystems, Inc.,
+1-316-519-7340
Web site: http://www.spiritaero.com
(SPR GD)

COPYRIGHT © 2008

CORRECTION - Four Eurofighter Typhoon air forces united in exercise

Hallbergmoos, (ANTARA News/PRNewswire-AsiaNet) - In the news release, "Four Eurofighter Typhoon Air Forces United in Exercise" issued on 12 March 2008 22:30 EDT, by Eurofighter GmbH over PR Newswire, we are advised by a representative of the company that the following figures in the release are incorrect.

In the first sentence of the second paragraph, it should state "20 Eurofighter Typhoon aircraft..." instead of "18 Eurofighter Typhoon aircraft...". In the same paragraph, it should state "remaining nine already stationed..." instead of "remaining six already stationed...".

In the fourth paragraph, it should state "up to twelve aircraft..." instead of "up to eight aircraft..." as originally issued inadvertently. Complete, corrected release follows:

Four Eurofighter Typhoon Air Forces United in Exercise

Hallbergmoos, Germany, (ANTARA News/PRNewswire-AsiaNet) - For the first time, all four Eurofighter Typhoon core Air Forces from Germany, Italy, Spain and the United Kingdom combined their skills for a mutual exercise at Moron Air Force Base, near Sevilla, upon invitation of the Spanish Air Force. Codenamed "Typhoon Meet", the deployment commenced on Monday 10 March and officially ends on Friday 14 March.

In total, 20 Eurofighter Typhoon aircraft will take part in the exercise: the German Air Force deployed three aircraft from Fighter Wing 73 "Steinhoff" from Rostock-Laage; Italy's Gruppo XII 36 Stormo, based at Gioia del Colle, and Gruppo IX 4 Stormo, at Grosseto, both sent two aircraft; a total of four weapon systems came out of the Royal Air Force's No.3 and XI Squadrons from RAF Coningsby; with the remaining nine already stationed at Moron as part of the Spanish Air Force's Gruppo 11 Ala 11.

The objective is to demonstrate the interoperability of Eurofighter Typhoon and its air-to-air capabilities while training with, and in mock combat against, other fighter aircraft types. While tactical aspects in realistic scenarios are to be evaluated, of equal importance is the inter-squadron comparisons with regards to maintenance and logistical support.

Eurofighter Typhoon flies in formations of up to twelve aircraft against fighters brought in from across the Spanish Air Force, including a combined ten F-18s from Ala 12, Torrejon, and Ala 15, Zaragoza,(supplying six and four respectively), as well as four Mirage F-1 jets of Ala 14, Albacete.

In addition, the Spanish hosts had invited the Portuguese Air Force to take part in the exercise, who brought with them four F-16 assets of 310 Escuadron, Monte Real. The Spanish Navy also played their part with four Harrier AV-8Plus of 9 Escuadrilla, Rota. The Eurofighter sortie rate for the "Typhoon Meet" was three per day, with a total of up to 70 different aircraft flying in the training areas over Toledo, Albacete and Huelva (Atlantic Coast) daily, which delivered an impressive operational scenario for the military experts.

Eurofighter Typhoon has been in service since 2004. More than 140 aircraft have been delivered to five air forces of Germany, Italy, Spain, the United Kingdom and Austria. The partner Air Forces have accumulated 33,000 flying hours to date. More than half of these during 2007, demonstrating the maturity of the system.

Italy started early Quick Reaction Alert duties at the end of 2005, the Royal Air Force followed mid 2007 with full QRA duties assigned to NATO. Germany's Fighter Wing 74 in Neuburg Donau started QRA flights together with F-4 Phantom II early January 2008. Spain took up air surveillance tasks in 2006 and is to follow with QRA duties this year. Austria will start air surveillance tasks with Eurofighter Typhoon this summer.

Eurofighter Typhoon is the world's most advanced new generation swing-role combat aircraft available on the market and has been ordered by six nations (Germany, Italy, Spain, United Kingdom, Austria and the Kingdom of Saudi Arabia). With 707 aircraft under contract, it is Europe's largest military collaborative programme and delivers leading-edge technology, strengthening Europe's aerospace industry in the global competition. More than 100,000 jobs in 400 companies are secured by the programme. Eurofighter Jagdflugzeug GmbH manages the programme on behalf of its shareholders Alenia Finmeccanica, BAE Systems, EADS CASA and EADS Deutschland, Europe's foremost aerospace companies with a total turnover of EUR60.7 billion (2006).

For more information contact
Wolfdietrich Hoeveler
Vice President Communication
Eurofighter GmbH
+49-811-801-555 (Office)
+49-172-832-9751(Mobile)
wolfdietrich.hoeveler@eurofighter.com
Phillip Lee
External Communications
Eurofighter GmbH
+49-811-801-587
phillip.lee@eurofighter.com

SOURCE Eurofighter GmbH
CONTACT: Wolfdietrich Hoeveler,
Vice President Communication,
+49-811-801-555, +49-172-832-9751(Mobile),
wolfdietrich.hoeveler@eurofighter.com, or
Phillip Lee,
External Communications,
+49-811-801-587,
phillip.lee@eurofighter.com,
both of Eurofighter GmbH

COPYRIGHT © 2008

Halcyon to become public through acquisition by AAMAC

New York, (ANTARA News/PRNewswire-AsiaNet) - Halcyon Asset Management LLC together with its affiliates ("Halcyon") and Alternative Asset Management Acquisition Corporation (AMEX: AMV) ("AAMAC") announced today that Halcyon will access the public equity markets through an acquisition by AAMAC. Halcyon, founded in 1981, is a leading global alternative asset management firm with approximately $11.5 billion in assets under management. The new entity will be called Halcyon Management Inc. ("Halcyon Management").

The transaction values Halcyon at approximately $974 million. Under the terms of the agreement, members of Halcyon entities will receive up to $505 million in cash and notes, and will retain LLC interests in Halcyon exchangeable into shares of AAMAC on a one-for-one basis. The terms also provide for the ownership of the Halcyon exchangeable interests to be adjusted upward contingent upon achieving certain stock price targets. Halcyon members will initially own approximately 43.6% of the fully diluted ownership interest of the new entity.

Partners of Halcyon entities will further align their interests with fund investors, reinvesting 75% of the after-tax cash proceeds in Halcyon funds, typically for three years, at full fees to the public stockholders. Halcyon's partners will enter into lock-up and non-compete agreements, and their equity consideration will generally vest over five years.

Halcyon has a diverse investor base including leading public and private pension funds, endowments, foundations, financial institutions, insurance companies, funds of hedge funds and high net worth individuals. It has clients in the United States, Canada, Latin America, the United Kingdom, Continental Europe, the Middle East, Asia ex-Japan, Japan and Australia. Halcyon manages multi-strategy funds, as well as additional strategies focused on off-the-run and difficult-to-source investments, stressed/distressed and undervalued asset-backed securities, senior secured bank loans and long/short corporate debt investments.

Halcyon is headquartered in New York, with offices in London and Los Angeles. It has been registered with the SEC as an investment advisor since 1997, and its London affiliate is authorized by the FSA. Halcyon Asset Management LLC is privately held and controlled by 11 active partners, who average 12 years of experience at the firm. Halcyon draws on the skills and experience of 119 employees, 50 of whom are investment professionals.

"We believe this transaction, first and foremost, will benefit our investors. It will enhance our ability to attract and retain the best talent in the business, ensuring our continued ability to build on our track record by having the right people for the right strategies at the right time," said John Bader, Co-Chairman of Halcyon Asset Management LLC. "It will give us a currency for further growth, which will help us motivate employees and support our recruiting efforts. Our reinvestment of the proceeds will further strengthen our alignment of interests with fund investors."

"This transaction accomplishes AAMAC's stated IPO objective: to find an alternative asset management firm that has a long track record of success," said Michael Levitt, current Chairman of AAMAC. "Halcyon has proven through its growth that it has the history, scale, investment and risk management processes, operational infrastructure and capacity to attract large institutional investors. We particularly like its affiliate business model, under which in the last three years it has launched three hedge fund strategies with assets now aggregating over $2 billion. We believe this transaction benefits all parties involved as it allows Halcyon to access the public market and further achieve its strategic objectives at an attractive valuation for AAMAC public shareholders. Based on average historical net returns of Halcyon funds, historical Halcyon hedge fund AUM growth and Halcyon's management fee run-rate as of December 31, 2007, the multiple of earnings power at the trust value of $9.76 per share is approximately 9.5 times."

Mr. Bader continued, "Halcyon's structure, in which employees will be paid primarily through a share of performance fees and our public shareholders will generally receive all of our management fees, will give investors in the stock the ability to participate in the growth and institutionalization of the hedge fund industry with limited exposure to performance variability. The structure also allows us to retain the attractiveness of our partnership model and culture."

Upon consummation of the transaction, John Bader will become Chairman and Chief Executive Officer of Halcyon Management, Kevah Konner and Steven Mandis will each become Vice Chairman and Tom Hirschfeld will become President. All current management members of the Halcyon management team will remain with the company.

To finance the acquisition, AAMAC will use the:
-- cash held in trust of approximately $390 million assuming no conversions and excluding deferred underwriting fees;
-- issuance of a note in the amount of $115 million, subject to adjustment in certain circumstances;

In addition, the Halcyon equity holders will retain 46.9 million LLC interests in Halcyon that will be exchangeable on a one-for-one basis into Halcyon Management common stock, which was valued at $469 million. In addition, the Halcyon equity holders will be eligible to receive up to an additional 26.6 million exchangeable LLC interests, which will be issued in equal amounts upon achievement of each dollar of stock price from $15 to $20.

The transaction is expected to be completed during the third quarter 2008, pending AAMAC stockholder approval, Halcyon client consent, regulatory approval, and other customary closing conditions. The parties intend to seek listing of Halcyon Management's shares to trade on the New York Stock Exchange following the closing.

Separately, Halcyon announced that it recently completed the sale of an affiliate, which had assets under management of $2.2 billion.

Goldman Sachs is serving as exclusive financial advisor to Halcyon, and Citi is serving as exclusive financial advisor to AAMAC. Jefferies Putnam Lovell, the division of Jefferies Group, Inc. (NYSE: JEF) provided an opinion to the AAMAC Board that the transaction was fair to AAMAC from a financial point of view. Legal counsel to Halcyon is Wachtell, Lipton, Rosen and Katz, while legal counsel to AAMAC is Akin Gump Strauss Hauer Feld LLP.

Certain additional information, including historical financial information and data on Halcyon, such as assets under management (AUM), performance track record and AUM growth rates, will be contained in a management presentation which will be made public and filed later today by AAMAC with the U.S. Securities and Exchange Commission (SEC).

Investor/Analyst Presentation--Conference Call and Webcast

Halcyon and AAMAC will host a conference call today at 8 a.m. Eastern Time (ET) to discuss the proposed transaction. The call will be open to the public. All interested parties who would like to listen to the call should dial 1-800-291-9234 (within the U.S.) or 1-617-614-3923 (outside the U.S.) 10 minutes prior to the scheduled start of the call (participant passcode: 23059068). A simultaneous webcast of the call also will be available to the public on a listen-only basis through Halcyon's Web site at www.halcyonllc.com. The slides complementary to the presentation are available at the SEC website (www.sec.gov) as part of today's AAMAC 8-K filing.

For those unable to listen to the live broadcast, a replay will be available at the same Web address or by dialing 1-888-286-8010 (within the U.S.) or 1-617-801-6888 (outside the U.S.) approximately two hours after the event (replay participant passcode: 31016532).

About Halcyon

Founded in 1981, Halcyon is a leading global multi-strategy investment firm, managing approximately $11.5 billion in assets for a diverse group of investors including leading public and private pension funds, endowments, foundations, financial institutions, insurance companies, funds of hedge funds and high net worth individuals. Halcyon is registered with the SEC and the U.K. Financial Services Authority and has clients in the United States, Canada, Latin America, the United Kingdom, Continental Europe, the Middle East, Asia ex-Japan, Japan and Australia.

For more information on Halcyon see www.halcyonllc.com.

About Alternative Asset Management Acquisition Corporation

Alternative Asset Management Acquisition Corporation ("AAMAC") is a blank check company which was formed in 2007 for the purpose of acquiring through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination one or more businesses or assets in the alternative asset management sector or a related business. It currently has no operating businesses.

Additional Information About the Transaction and Where to Find It

AAMAC intends to file with the Securities and Exchange Commission ("SEC") a preliminary proxy statement in connection with the proposed transaction and to mail a definitive proxy statement and other relevant documents to AAMAC stockholders. Stockholders of AAMAC and other interested persons are advised to read, when available, AAMAC's preliminary proxy statement, and amendments thereto, and the definitive proxy statement in connection with AAMAC's solicitation of proxies for the special meeting to be held to approve the transaction because the proxy statement will contain important information about AAMAC, Halcyon and the proposed transaction. The definitive proxy statement will be mailed to stockholders as of a record date to be established for voting on the transaction. Stockholders will also be able to obtain a copy of the preliminary and definitive proxy statements, without charge, once available, at the SEC's Internet site at http://www.sec.gov or by directing a request to: AAMAC, 590 Madison Avenue, 35th Floor, New York, New York 10022, telephone: 212-409-2434.

Nothing in this press release should be construed as, or is intended to be a solicitation for or an offer by, on behalf of AAMAC or Halcyon, of any securities or investment advisory services.

Participants in the Solicitation

AAMAC and its directors and its officers may be deemed participants in the solicitation of proxies from AAMAC's stockholders. A list of the names of those directors and the officers and descriptions of their interests in AAMAC is contained in AAMAC's prospectus dated August 1, 2007, which is filed with the SEC, and will also be contained in AAMAC's proxy statement when it becomes available. More detailed information regarding the identity of potential participants and their direct or indirect interests, by securities holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with the SEC in connection with the proposed transaction.

Forward-looking Statements

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release include matters that involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: uncertainties as to the timing of the acquisition and the ability to obtain financing; approval of the transaction by AAMAC stockholders; the satisfaction of closing conditions to the transaction, including the receipt of regulatory approvals; costs related to the acquisition; the competitive environment in the asset management industry; the diversion of management time on acquisition related issues; general economic conditions such as inflation or recession; operating Halcyon as a public company; market conditions for Halcyon managed investment funds; and the performance of Halcyon managed investment funds; the inability to maintain growth rates of assets under management; the related management and performance fees and the related impact on revenue, net income and fund inflows outflows. Actual results may differ materially from those contained in the forward-looking statements in this press release. AAMAC and Halcyon undertake no obligation and do not intend to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

SOURCE Halcyon Asset Management LLC
/CONTACT: Steven Bruce, Mary Beth Grover, Ann Taylor Reed,
+1-212-371-5999, all of The Abernathy MacGregor Group, for
Halcyon Asset Management LLC/
/Web site: http://www.halcyonllc.com /
(AMV)

COPYRIGHT © 2008

Spirit AeroSystems to design, make nacelle systems for Rolls-Royce BR725

Wichita, Kan., (ANTARA News/PRNewswire-AsiaNet) - Spirit AeroSystems, Inc. (NYSE: SPR) announced Rolls-Royce as the customer for one of its previously awarded business jet contracts.

Spirit has been selected to design and build the nacelle, thrust reverser and engine build up components for the Rolls-Royce BR725 engine; a contract worth in excess of $600 million. Spirit will also support the aforementioned products in the Rolls-Royce Corporate Care Program throughout the life of the airplane. The BR725 is the selected engine for Gulfstream's recently-announced G650 business jet.

"Spirit's propulsion expertise makes us a prime choice for product development such as this," said Mike King, Senior Vice President and General Manager of Spirit's Propulsion Segment. "We are thrilled to supply to Rolls-Royce and look forward to continuing our relationship with them."

This propulsion package introduces new technology in the design and manufacture of the thrust reverser including highly integrated composite assemblies which provide significantly enhanced acoustic performance and new door concepts. The technology also offers optimum performance including fuel efficiency and unparalleled reverse thrust.

"Spirit has established itself as a leader in the integration of propulsion systems in the commercial market. This is a great opportunity for us to apply that experience and knowledge to an entirely new market," King said.

Spirit won the contract through a global competitive bid process. The components will be designed and manufactured at the company's Wichita, Kan., facility.

About Spirit AeroSystems, Inc.

Based in Wichita, Kan., Spirit AeroSystems is the world's largest independent supplier of large component parts and assemblies for commercial aircraft. The company does work in military and general aviation, as well as aftermarket customer support. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England.

This press release contains forward-looking statements concerning future business opportunities. Actual results may vary materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement practices or in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed in Spirit AeroSystems Holdings, Inc. Securities and Exchange Commission filings.

SOURCE: Spirit AeroSystems, Inc.
CONTACT: Debbie Gann,
Corporate Communications of Spirit AeroSystems, Inc.,
+1-316-519-7340
Web site: http://www.spiritaero.com
(SPR)

COPYRIGHT © 2008

A.M. Best removes ratings of Tokio Marine

A.M. Best removes ratings of Tokio Marine Pacific Insurance Limited from under review and assigns stable outlook

Oldwick, N.J. (BUSINESS WIRE) - A.M. Best Co. has removed from under review with negative implications the financial strength rating of A+ (Superior) and the issuer credit rating of "aa-" of Tokio Marine Pacific Insurance Limited (TMPI) (Guam). At the same time, A.M. Best has affirmed the ratings and assigned a stable outlook.

TMPI was placed under review due to the uncertainties relating to its plan to expand its business lines. During the third quarter of 2007, TMPI's parent company, Tokio Marine & Nichido Fire Insurance Co. Ltd.

(TMNF), transferred net assets of approximately USD 4 million from its branch operation in Guam to TMPI. TMPI's capital and surplus stood at USD 12 million as at September 30, 2007.

A.M. Best believes that TMPI's risk-adjusted capitalization, as demonstrated by Best's Capital Adequacy Ratio, is adequate to support the current ratings and the expansion plan to underwrite property and casualty business.

The ratings also recognize the financial support, in terms of reinsurance protection, as well as the explicit financial guarantee from TMNF.

For Best's Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings.

Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers.
For more information, visit www.ambest.com.

A.M. Best Co.

Analysts:Billy Kwan, +852-2827-3405 billy.kwan@ambest.com or Moungmo Lee, +852-2827-3402 moungmo.lee@ambest.com or Public Relations: Jim Peavy, +(1) 908-439-2200, ext. 5644 james.peavy@ambest.com or Rachelle Morrow, +(1) 908-439-2200, ext. 5378 rachelle.morrow@ambest.com

Coty Inc. announces fragrance partnership with Hollywood icon Halle Berry

Hollywood Star to Debut Her First Fragrance

New York (ANTARA News/PRNewswire-AsiaNet) - Coty Inc., a leader in the global beauty industry and the world's largest fragrance company, announced today the signing of Oscar-award winning actress Halle Berry to market her debut fragrance.

"A woman who defines beauty, Halle Berry exudes sophistication, glamour, sensuality and natural elegance -- a combination of unique characteristics that will be bottled inside her exclusive fragrance," said Bernd Beetz, CEO, Coty Inc. "Working hand-in-hand with Halle, Coty will develop and deliver a new, one-of-a-kind scent that captures the essence of a strong, beautiful and inspirational woman."

Set to debut globally in spring 2009, the yet-to-be named fragrance is the first for the iconic actress. Berry will play an integral role in the conception to market process and will work with Coty's talented marketing, creative and product development teams.

"For years I've created my own personal scent by mixing fragrances at home. I am passionate about this project as I've always wanted hands-on experience in creating a fragrance that is a true representation of me," commented Berry. "Selecting a fragrance is a very personal choice and I am delighted to have this opportunity to express myself in a creative new way working with Coty."

"Halle Berry is a trailblazer in the acting community and a role model to consumers and celebrities alike," noted Steve Mormoris, SVP Global Marketing, Coty Beauty. "Her grace, style and charm have the combined ability to attract a wide array of fans. We look forward to building the Halle Berry fragrance brand into a blockbuster success for consumers everywhere."

About Halle Berry

Starring in more than twenty major motion pictures, Halle Berry is one of Hollywood's most respected and successful actors. She is the only African-American to win an Academy Award for Best Actress, and is recognized as one of the most beautiful women in the world, consistently appearing on People magazine's list of the "50 Most Beautiful People."

About Coty Inc.

Coty was created in Paris in 1904 by Francois Coty who is credited with founding the modern fragrance industry.

Today, Coty Inc. is the world's largest fragrance company and a recognized leader in global beauty with annual net sales of $3.5 billion(1). Driven by an entrepreneurial spirit, passion, innovation and creativity, Coty Inc. has developed an unrivaled portfolio of notable brands and delivers its innovative products to consumers in 91 markets worldwide.

The Coty brand portfolio includes adidas, Aspen, Astor, Baby Phat, Calvin Klein, Celine Dion, Cerruti, Chloe, Chopard, Chupa Chups, David and Victoria Beckham, Davidoff, Dermarest, Desperate Housewives, Esprit, Exclamation, Jennifer Lopez, Jette Joop, Jil Sander, JOOP!, Jovan, Karl Lagerfeld, Kate Moss, Kenneth Cole, Kylie Minogue, La Cross, L.A.M.B. fragrance by Gwen Stefani, Lancaster, Marc Jacobs, Miss Sixty, Miss Sporty, Nautica, Nikos, N.Y.C. New York Color, Orajel, Phat Farm, Pierre Cardin(2), Playboy, Rimmel, Sally Hansen, Sarah Jessica Parker, Shania Twain, Stetson, Tonino Lamborghini, Vanilla Fields, Vera Wang and Vivienne Westwood.

Coty and Puig Fashion and Beauty S.A. have a strategic partnership for the distribution of the perfume lines of Nina Ricci, Carolina Herrera, Prada, Paco Rabanne, and Comme des Garcons in the United States and Canada.

For additional information about Coty Inc., please visit www.coty.com

1. Includes Del Laboratories, Inc., which Coty acquired on December 31, 2007.
2. Not available in North America

SOURCE: Coty Inc.
CONTACT: Susie Schoenberger of Fleishman-Hillard for Coty
Inc.,
+1-202-828-8874,
Susie.schoenberger@fleishman.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080314/NYF044
AP Archive: http://photoarchive.ap.org
AP PhotoExpress Network:
PRN4
PRN Photo Desk: photodesk@prnewswire.com
Web site: http://www.coty.com

COPYRIGHT © 2008

General Electric and Eureka Forbes create clean water joint venture

Infinite Water Solutions Will Build India's Largest Residential Water Purification Membrane Manufacturing Facility in Dehradun

Mumbai, India (BUSINESS WIRE) - GE Water & Process Technologies (NYSE:GE) and Eureka Forbes Limited (a subsidiary of the Shapoorji Pallonji Group) announced today the formation of Infinite Water Solutions Pvt Ltd., a joint venture focused on bringing safe, reliable and affordable water solutions to the Indian residential market. Infinite Water Solutions will begin manufacturing GE's reverse osmosis membranes at Aquamall's new environmentally friendly manufacturing facility in Dehradun. The Joint Venture will manufacture, and sell products and technology solutions to Indian residential customers through Eureka Forbes' extensive sales network - the largest direct sales network in Asia.

"This is an exciting opportunity," said Suresh Goklaney, Vice Chairman & Managing Director of Eureka Forbes Ltd. "The joint venture will place Eureka Forbes in close relationship with GE, leveraging the complementary skills of both our organizations to create a powerful presence in the Indian residential market," he said.

"GE and Eureka Forbes share a passion to improve water quality for consumers in India," said Jeff Garwood, President and CEO, GE Water & Process Technologies. "We are excited about working with a market leader like Eureka Forbes to help improve the water quality for Indian consumers. GE has an unmatched portfolio of water treatment products and services. Our proprietary membrane technology, combined with Eureka Forbes' reach and the joint local manufacturing facility, will give consumers rapid access to the best water treatment solutions in India."

"Our state-of-the-art Dehradun facility will be the largest manufacturing facility of these high-tech membranes in India. The facility will also be capable of serving other water purification companies across the region," said Pratyush Kumar, Chairman, Infinite Water Solutions Pvt Ltd. "Additionally, Infinite Water Solutions' facility will be part of a green plant, the largest of its kind in India," added Marzin R. Shroff, Vice Chairman, Infinite Water Solutions. "This Joint Venture represents clean water solutions, environmentally-friendly and globally compliant manufacturing, and Indian-friendly pricing," added Mr Shroff.

Clean, potable water is urgently needed in India where industrialization and the rapidly expanding urban population of 400 million are placing unprecedented demands on the nation's dwindling water supply. Infinite Water Solutions will bring safe, reliable and affordable water solutions to India to meet those demands.

"GE and Eureka Forbes are also exploring other opportunities to jointly serve customers, especially in market segments where the Shapoorji Pallonji group has significant presence," concluded Mr Goklaney.

About GE Water & Process TechnologiesA world leader in water, water reuse, wastewater treatment and process solutions, GE Water & Process Technologies brings the best technologies to enhance our customers' efficiency while protecting our environment. GE offers the broadest portfolio of water and process technologies, including: separation equipment; membrane & filtration technology; diagnostic tools; specialty chemicals; mobile water capabilities; service; and financing. GE is a single source no matter what your water or process need. GE is committed to develop and bring to market technologies that promote energy efficiency, lower harmful emissions, increase supplies of water, and reduce our use of fossil fuel?it's called ecomagination. For more information visit www.ge.com water.

About Eureka Forbes Ltd

Pioneers and leaders in water purification systems, vacuum cleaning solutions and air purification systems, Eureka Forbes Ltd also introduced direct selling to India. Asia's largest direct selling organization with over 7,000 strong direct sales force touching the lives of millions of Indian homes every day, it is a multi-product, multi-channel corporation, part of the prestigious Shapoorji Pallonji Group.Eureka Forbes offers customised water solutions for Indian homes that span different technologies, and help eliminate Microbiological contamination, excess TDS, Hardness, Iron, Arsenic, Lead, Pesticides, and other dangerous heavy metals and inorganics.

Eureka Forbes Ltd is ranked among `India's Best Employers' and `Most Admired Consumer Durable Companies'. The essence of the story of Eureka Forbes Ltd since inception has been in a single word: `Relationships'.

Today Eureka Forbes Ltd, with a strong customer base of over 6 million happy families, is a dominant leader in each of the product categories they are present in.

For more information visit: www.eurekaforbes.com

GE Water & Process Technologies:
Ellen Mellody, +1 215-942-3307 Cell: +1 215-989-3025 ellen.mellody@ge.com
or GE in India: Purnima Sahni Mohanty, +9111 41 555 106Cell: +91 9810529368 purnima.sahnimohanty@ge.com
or Eureka Forbes Ltd: Zarine Commissariat, +91 22 2430 1725 ext.125Cell: +91 98210 29945 zarine@eurekaforbes.com

Australia`s leading juice company launches juice blend with Martek`s

Columbia (ANTARA News/PRNewswire-AsiaNet) - Martek Biosciences (Nasdaq: MATK) announced today that life'sDHA(TM), its patented, vegetarian form of DHA-omega 3 for brain, eye and heart health, is available in the new Berri Australian Fresh Omega-3 for Heart & Mind juice-blend from National Foods, Australia's No. 1 juice company. National Foods is the largest citrus and fruit processor in Australia, packaging approximately 50 percent of all fruit juice beverages sold in the country. Sold in major retailers across Australia and available in extra pulpy orange flavor with DHA omega-3 for heart and mind, Berri Australian Fresh Omega-3 for Heart & Mind juice-blend provides 50mg per serving of life'sDHA.

"Berri Australian Fresh Omega-3 for Heart & Mind juice-blend marks our second product with National Foods, joining Pura(R) Kids with life'sDHA," said Joe Buron, vice president of marketing and sales for Martek. "We're pleased to be working with one of Australia's largest food companies through their Pura and Berri brands to offer a safe, contaminant-free alternative for Australian consumers to get the important health benefits of DHA."

DHA (docosahexaenoic acid) omega-3 is a long-chain omega-3 fatty acid that serves as a primary building block for the brain and the eyes and supports brain, eye and cardiovascular health throughout life. There is a large and growing body of scientific evidence demonstrating that people of all ages, from infants to aging adults, benefit from an adequate supply of DHA omega-3 in their diets. Several recent scientific reviews have noted the importance of DHA omega-3 in proper brain and eye development and function, and there are clinical studies underway to evaluate its role in decreasing the prevalence of certain neurological disorders.

Fish are often thought to be the only source of DHA omega-3.
However, life'sDHA offers a safe, vegetarian form of DHA that contains no oceanic pollutants and toxins. Fish are rich sources of DHA because they eat microalgae; life'sDHA is derived from microalgae and produced in an FDA-inspected facility from start to finish using a sustainable source that does not deplete ocean resources. life'sDHA is found in numerous foods, beverages and supplements for people of all ages. It is also the only source of DHA used in U.S. infant form la and is available in more than 90 percent of the formulas on the U.S. market.

In Australia, Martek is represented by distributor VILCO PTY LTD, Australia, to maximize the availability of life'sDHA in food and beverages.

National Foods is a wholly owned subsidiary of Kirin Holdings Company, Limited -- Incorporated in Japan. It is one of Australia's largest food companies, with core activities in milk, fresh dairy foods, juice and specialty cheese. National Foods' Pura Milk is the country's number one milk brand. Additionally, National Foods is the largest citrus and fruit processor in Australia, packaging approximately 50 percent of all fruit juice beverages sold nationally. For more information on National Foods, visit http://www.natfoods.com.au

Martek Biosciences Corporation (Nasdaq: MATK) is a leader in the innovation and development of DHA omega-3 products that promote health and wellness through every stage of life. The company produces life'sDHA, a sustainable and vegetarian source of the omega-3 fatty acid DHA (docosahexaenoic acid), for use in foods, beverages, infant formula, and supplements. The company also produces life'sARA(TM) (arachidonic acid), an omega-6 fatty acid, from a sustainable, vegetarian source, for use in infant formula. For more information on Martek Biosciences Corporation, visit www.martek.com. For a complete list of product, visit www.lifesdha.com

Sections of this release contain forward-looking statements.
These statements are based upon numerous assumptions which Martek cannot control and involve risks and uncertainties that could cause actual results to differ. These statements should be understood in light of the risk factors set forth in the company's filings with the Securities and Exchange Commission, including, but not limited to, the company's Form 10-K for the fiscal year ended October 31, 2007 and other filed reports on Form 10-K, Form 10-K/A, Form 10-Q and Form 8-K.

Contact:
Cassie France-Kelly
Public Relations
Martek Biosciences
(443) 542-2116
media@martek.com
Kyle Stults
Investor Relations
Martek Biosciences
(410) 740-0081
investors@martek.com

SOURCE: Martek Biosciences Corporation
CONTACT: Cassie France-Kelly,
Public Relations,
+1-443-542-2116,
media@martek.com, or
Kyle Stults,
Investor Relations,
+1-410-740-0081,
investors@martek.com,
both of Martek Biosciences Corporation
Web site: http://www.martekbio.com
http://www.natfoods.com.au
http://www.lifesdha.com

COPYRIGHT © 2008

New York-listed L-3 acquires HSA Systems of Australia

L-3 acquires HSA Systems Pty Limited of Australia acquisition expands global presence

New York - L-3 Communications (NYSE: LLL) announced today that it has acquired HSA Systems Pty Limited of Australia, a leading provider of geospatial, marine and electronic systems for maritime and defense customers.

HSA has annual sales of approximately $10 million (AU$11 million). The transaction closed on March 14, 2008.

"HSA is a significant addition to our global maritime capability and fits well with our recently formed Marine and Power Systems Group," said Michael T. Strianese, president and CEO of L-3 Communications.

HSA will be consolidated as a business unit within the L-3 Nautronix division in Australia, strengthening its product and market position in the Pacific Region. Mike Gallagher, managing director of L-3 Nautronix, will lead the business, which extends L-3's global presence with offices in Fremantle, Sydney and Wollongong, Australia, and Wellington, New Zealand.

L-3's Nautronix operations provide wireless long-range underwater communications, portable undersea test ranges, diver computers and electronic console map displays. The acquisition of HSA will enhance L-3's current line of networked undersea solutions and power and control systems to provide fully integrated system solutions.

HSA compiles, produces and maintains nautical charts, and supplies customized software and IT systems for the Australian Hydrographic Services, the Royal Australian Navy and Land Information New Zealand.

The data collected and maintained by HSA is used by the maritime industry to identify the details of ocean and coastal areas, including the identification of navigational hazards, tides and currents, to provide real-time information for vessel tracking.

Headquartered in New York City, L-3 Communications employs over 64,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2007 sales of $14 billion.

To learn more about L-3, please visit the company's web site at www.L-3Com.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as "expects,""anticipates,""intends,""plans,""believes, "estimates,""will", "could" and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission.

The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

L-3 CommunicationsCorporate Communications, 212-697-1111 or Australian Contact:L-3 NautronixJacki-Lee Gillett, +61 (0)8 9430-0000+61 419-998-805Marketing and Communications Officer