X-Virus-Scanned: clean according to Sophos on Logan.com Return-Path: Sender: To: lml@lancaironline.net Date: Tue, 06 Jul 2010 16:04:34 -0400 Message-ID: X-Virus-Scanned: clean according to Sophos on Logan.com X-PolluStop-Diagnostic: (whitelisted) X-Orig-Return-Path: justinh@lancair.com X-Orig-Recipients: y/1mPiZUtbQLvIFjMGAgBeTI1B2BZQNEfeLmLIWRMpw= X-PolluStop-Score: 0.00 X-PolluStop: Scanned with Niversoft PolluStop v2.7.2 X-SpamCatcher-Score: 10 [X] X-Original-Return-Path: Received: from mail.lancair.com ([66.39.173.18] verified) by logan.com (CommuniGate Pro SMTP 5.3.8) with ESMTP id 4382517 for marv@lancair.net; Tue, 06 Jul 2010 13:44:30 -0400 Received-SPF: pass receiver=logan.com; client-ip=66.39.173.18; envelope-from=JustinH@lancair.com X-MimeOLE: Produced By Microsoft Exchange V6.5 Content-class: urn:content-classes:message MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----_=_NextPart_001_01CB1D32.E193AAB4" Subject: Lancair news X-Original-Date: Tue, 6 Jul 2010 10:44:29 -0700 X-Original-Message-ID: <8128CA1601FBCF478DAAAC0917E6CF56E30E4C@lindbergh.lancair.local> X-MS-Has-Attach: X-MS-TNEF-Correlator: Thread-Topic: Lancair news Thread-Index: AcsdMuJrSvEmNpvgSpK5u+zsLW0F7w== From: "Justin Hawkins" X-Original-To: This is a multi-part message in MIME format. ------_=_NextPart_001_01CB1D32.E193AAB4 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Contact: Tom Bowen 541.923.2244 - X136 tbowen@lancair.com Lancair Looks to the Future With New Financial Strength, And New Management Team Company Will Re-Double Focus On Customer Service and New World-class Evolution Turboprop Redmond OR; 7.6.10- Mr. Gene Wolstenholme, new majority owner and Chairman of LCTIILancair International, today announced the injection of new operating capital and a new management team at aircraft manufacturer Lancair International. "We are focused on the future," said Wolstenholme, "We have a world-class product in our 320 knot, $1.2 million Evolution owner-built aircraft. With five Evolutions flying, and 24 customer orders, we're off to a great start and we are going to push though this down-economy and get our incredible airplane to market." In announcing the new ownership, Mr. Wolstenholme also announced new company leadership. Mr. Wolstenholme will be LCTl/Lancair International Chairman, and Robert Wolstenholme was named President & CEO of LCTl/Lancair International. "I have been associated with Lancair aircraft since 1990. Flying is, and has always been my passion and this new direction is a chance to bring our proven management skills together with Lancair's high performance products with a focus on customer satisfaction." Bob Wolstenholme comes from an extensive background in manufacturing. Wolstenholme Machine located in Colmar, PA, specializes in precision parts for the medical, aerospace, and telecommunication industries. Subsidiary WMrobots designs and builds robots for bomb disposal and mine detectors for the US and Canadian markets. Bob built and flies his own award winning Lancair IVP. As President & CEO, Bob Wolstenholme will oversee all business & management functions of LCTl/Lancair International. Tom Bowen, whose General Aviation management and engineering experience spans 3 decades, will continue to head company operations management and is the principal spokesman for the company. He said, "This is a real win for general aviation and Lancair customers. But it is an even a bigger win for Lancair employees, their families, and the communities of Redmond and Bend, Oregon. It is no secret that the Central Oregon area continues to suffer through double digit unemployment, and this once vibrant aerospace manufacturing center has also suffered with the failures of Epic and Columbia. I am determined to do everything I can to maintain Lancair as a world-class company and to grow it into the future as we continue to design, build and service premium aircraft." Joe Bartels, CEO of LCTl/Lancair International, since 2003, resigned as President and CEO according to the terms of a June 7, 2010, investment agreement, and will remain a minority percentage owner of LCTl/Lancair International. "Joe did a great job overseeing development the Evolution aircraft," said Bob Wolstenholme, "and we now need to move ahead and expand the manufacturing infrastructure and training programs to support the Evolution product line. Lancair International is an Oregon Corporation and a leader in composite technology and aircraft design. Lancair International actively marlfets the advanced, 4-place Evolution, and the 2-place retractable and fixed-gear Legacy aircraft and supports a host of high-performance Lancair International kit aircraft models. **' =20 =20 ------_=_NextPart_001_01CB1D32.E193AAB4 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

Contact: Tom = Bowen

541.923.2244 - = X136

tbowen@lancair.com

Lancair Looks to the Future With New Financial = Strength,

And New Management Team

Company = Will Re-Double Focus On Customer Service and

New = World-class Evolution Turboprop

Redmond = OR; = 7.6.10- = Mr. Gene Wolstenholme, new majority owner and Chairman of = LCTIILancair

International, today = announced the injection of new operating capital and a new = management

team at aircraft = manufacturer Lancair International. "We are focused on the future," = said

Wolstenholme, "We have = a world-class product in our 320 knot, $1.2 million Evolution owner-built

aircraft. With five = Evolutions flying, and 24 customer = orders, we're off to a great start and we are

going to push though this down-economy and get our incredible airplane to = market."

In announcing the new = ownership, Mr. Wolstenholme also announced new company = leadership.

Mr. Wolstenholme will be LCTl/Lancair International Chairman, and Robert Wolstenholme = was

named President & CEO = of LCTl/Lancair International. "I have been associated with = Lancair

aircraft since 1990. Flying = is, and has always been my passion and this new direction is = a

chance to bring our proven management skills together with Lancair's high = performance

products with a focus on = customer satisfaction."

Bob Wolstenholme comes from = an extensive background in manufacturing. = Wolstenholme

Machine located in = Colmar, PA, specializes in precision = parts for the medical, aerospace, and

telecommunication = industries. Subsidiary WMrobots designs and builds robots for = bomb

disposal and mine detectors = for the US = and Canadian markets. Bob built and flies his own

award winning Lancair IVP. = As President & CEO, Bob Wolstenholme will oversee all business = &

management functions of = LCTl/Lancair International.

Tom Bowen, whose General = Aviation management and engineering experience spans = 3

decades, will continue to = head company operations management and is the = principal

spokesman for the company. = He said, "This is a real win for general aviation and = Lancair

customers. But it is an = even a bigger win for Lancair employees, their families, and = the

communities of Redmond and Bend, = Oregon. It is no secret that the Central = Oregon area

continues to suffer through = double digit unemployment, and this once vibrant = aerospace

manufacturing center has = also suffered with the failures of Epic and Columbia. I am determined

to do everything I can to = maintain Lancair as a world-class company and to grow it into = the

future as we continue to = design, build and service premium aircraft."

Joe Bartels, CEO of = LCTl/Lancair International, since 2003, resigned as President and = CEO

according to the terms of a = June 7, 2010, investment agreement, and will remain a = minority

percentage owner of = LCTl/Lancair International. "Joe did a great job overseeing = development

the Evolution aircraft," said Bob Wolstenholme, "and we = now need to move ahead and expand the

manufacturing = infrastructure and training programs to support the Evolution = product line.

Lancair International is an Oregon Corporation and a leader in = composite technology and aircraft design. Lancair

Internation= al actively marlfets the advanced, 4-place Evolution, and the 2-place = retractable and fixed-gear Legacy

aircraft = and supports a host of high-performance Lancair International kit aircraft = models.

**'

 

 

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