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ICON Aircraft Selects Liberty Aerospace, Inc.

Oshkosh, WI (July 29, 2010) In a press release made at EAA Air Venture, it was announced that ICON Aircraft has selected Liberty Aerospace, Inc., as a vendor to build primary structures and components for the ICON A5 Light Sport Aircraft.

As stated by ICON Aircraft:
"Following a rigorous and comprehensive global supply chain analysis, ICON Aircraft selected Liberty Aerospace, Inc., of Melbourne, FL, as a supplier for structural composite assemblies for the ICON A5 Light Sport Aircraft."

"At ICON, we do our homework to ensure we get to great solutions - and this is just another example. Partnering with established suppliers will allow ICON to not only reach production sooner, but also accelerate the production ramp to meet the impressive demand we're seeing for the A5,"
said Kirk Hawkins, Founder & CEO of ICON Aircraft.

ICON will receive major composite structural assemblies from Liberty and will control all system installation, final assembly, finishing, and testing prior to delivery. A5 production will be at ICON's facilities in Southern California.

"We are extremely pleased to have been selected by ICON Aircraft. After a lengthy competition that took ICON to the four corners of the Earth, we are proud to have come out on top," said Keith Markley, President and CEO of Liberty Aerospace, Inc. "ICON has demonstrated their ability to design and launch an exciting and innovative product into the aviation market place that will have a real impact on the growth of General Aviation. We are looking forward to utilizing our FAA approvals and our design, manufacturing and quality systems to meet ICON's significant market demand for the A5 Light Sport Aircraft."

About Liberty Aerospace, Inc.:
Based in Florida's Space Coast, Liberty Aerospace, Inc., designs and manufactures General Aviation aircraft and aircraft structures. Liberty Aerospace is the FAA Type Certificate holder for the IFR, Part 23 Certified Liberty XL2 - the first certified production aircraft powered by a piston engine equipped with a full authority digital engine control (FADEC). Liberty was awarded a Production Certificate and meets all of the demanding audit and quality requirements set forth by the FAA. Specializing in advanced carbon fiber construction techniques, Liberty, as both an engineering and manufacturing organization, employs some of the most talented engineers, DERs and DARs in the world and is one of two companies in the U.S. that is authorized by the FAA to manufacture primary structures utilizing the Toray carbon fiber system. Liberty has emerged as a leader in the design, certification and manufacturing of advanced materials, delivering aircraft and components to other OEMs that meet both the practical and regulatory demands of the aerospace industry.

About ICON Aircraft:
ICON Aircraft is a consumer sport plane manufacturer founded by Kirk Hawkins and Steen Strand while at Stanford University shortly after the Federal Aviation Administration (FAA) enacted regulation changes in 2004 that created the new sport flying category. Kirk is an engineer, former U.S. Air Force F-16 fighter pilot, and graduate of Stanford Business School. Steen, a former investment banker and Harvard graduate, holds a Masters in Engineering from Stanford in Product Design and is a serial entrepreneur. A privately funded company, ICON Aircraft's base of operations is in Southern California, which is a hotbed for automotive design and aerospace engineering.

Liberty Aerospace, Inc. Media Contact:
Christina Mennen
Sales & Marketing
Office: +1-321-308-9640
Mobile: +1-321-446-1523

ICON Aircraft Press Contact:
Candice Jacobson
Leader Enterprises