MICHIGAN AEROSPACE WELCOMES NEW CEO

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Michigan Aerospace is pleased to welcome Peter Tchoryk, Jr. as our new Chief Executive Officer (CEO). Mr. Tchoryk previously served the company as Executive Vice President and has been with the company since its inception. Mr. Tchoryk will now be responsible for all financial and engineering operations of the company. Michigan Aerospace is expanding its optical products line and forming new business units to meet expected growth in its core business areas. The internal changes will better position Michigan Aerospace to meet the increasing demands for its products and services. Paul Hays will continue to serve as President and Lennard Fisk as Chairman of the Board of Directors.