Comtek Receives AS9110B Certification

BURLINGTON, ON, July 23, 2014 /CNW/ - Comtek Advanced Structures Ltd. ("Comtek"), a wholly-owned subsidiary of Avcorp Industries Inc., is pleased to announce it has received AS9110, Revision B certification.

Formally titled "AS9110 Quality Maintenance Systems - Aerospace - Requirements for Maintenance Organizations", AS9110 provides the same level of control and customer confidence for Comtek's repair customers as AS9100 provides to customers of Comtek's manufactured products.

"Ensuring customer confidence is vital to Comtek's culture of building successful long-term relationships", states Spencer Warren, Quality Assurance Manager at Comtek.  "By improving our quality management system to meet AS9110 we are exhibiting our commitment to provide repair services at the highest level of satisfaction while also minimizing our customers' need to manage risk as trained, professional auditors are checking our performance."

This certification has elevated Comtek's Approved Maintenance Organization (AMO) to the global standard established by the International Aerospace Quality Group (IAQG) for the aerospace industry.

About Comtek

Founded in 1994, Comtek Advanced Structures is an advanced composite design, fabrication and repair facility. Specializing in out-of-autoclave processes, Comtek provides innovative composite solutions from conceptual design and analysis through to manufacturing, testing and airworthiness certification. As an Approved Maintenance Organization (AMO) and Design Approval Organization (DAO), Comtek provides proprietary repairs to fix primary and secondary structures with damage beyond SRM limits. Comtek typically services regional aircraft including CRJs, Dash 8s, ATR, Dornier, Saab, Embraer and Learjets, among others. Located in Burlington, Ontario with distributors worldwide, Comtek is a preferred manufacturer for composite design and repair.

About Avcorp

Avcorp designs and builds major airframe structures for some of the world's leading aircraft companies, including BAE Systems, Boeing, and Bombardier. With more than 50 years of experience, over 400 skilled employees and 354,000 square feet of facilities in Delta BC and Burlington ON, Avcorp offers integrated composite and metallic aircraft structures to aircraft manufacturers, a distinct advantage in the pursuit of contracts for new aircraft designs, which require lower‐cost, light weight, strong, reliable structures. Our Burlington location also offers composite repairs for commercial aircraft. Avcorp is a Canadian public company traded on the Toronto Stock Exchange (TSX:AVP).

(signed)

BRENT COLLVER
PRESIDENT
COMTEK ADVANCED STRUCTURES LTD.          

(signed)

MARK VAN ROOIJ
PRESIDENT and CHIEF EXECUTIVE OFFICER 
AVCORP INDUSTRIES INC.

Forward-Looking Statements

This release should be read in conjunction with the Company's unaudited financial statements contained in the Company's Annual Report and with the quarterly financial statements and accompanying notes filed with Sedar (www.sedar.com).

Certain statements in this release and other oral and written statements made by the Company from time to time are forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or projected revenues, income, returns or other financial measures.  These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including the following:  (a) the extent to which the Company is able to achieve savings from its restructuring plans; (b) uncertainty in estimating the amount and timing of restructuring charges and related costs; (c) changes in worldwide economic and political conditions that impact interest and foreign exchange rates; (d) the occurrence of work stoppages and strikes at key facilities of the Company or the Company's customers or suppliers; (e) government funding and program approvals affecting products being developed or sold under government programs; (f) cost and delivery performance under various program and development contracts; (g) the adequacy of cost estimates for various customer care programs including servicing warranties; (h) the ability to control costs and successful implementation of various cost reduction programs; (i) the timing of certifications of new aircraft products; (j) the occurrence of further downturns in customer markets to which the Company products are sold or supplied or where the Company offers financing; (k) changes in aircraft delivery schedules or cancellation of orders; (l) the Company's ability to offset, through cost reductions, raw material price increases and pricing pressure brought by original equipment manufacturer customers; (m) the availability and cost of insurance; (n) the Company's ability to maintain portfolio credit quality; (o) the Company's access to debt financing at competitive rates; and (p) uncertainty in estimating contingent liabilities and establishing reserves tailored to address such contingencies.

SOURCE: Avcorp Industries Inc.

Andrew Erskine, Marketing Manager, 905-331-8121 or email [email protected].