FLY Flyht Aerospace Solutions Ltd

FLYHT Aerospace Solutions Ltd. (TSX VENTURE:FLY) ("FLYHT") today announced that
it has executed an agreement with Jabil Defense and Aerospace Services, a
wholly-owned subsidiary of Jabil Circuit, Inc. (NYSE:JBL), to manufacture the
AFIRS 228 product line. 


AFIRS 228 is FLYHT's next-generation flagship product. It will provide a fully
certified avionics platform capable of meeting all air navigation communications
requirements in Europe, the United States and other jurisdictions around the
world. It will also provide the input and outputs necessary to enhance the value
of real-time data for FLYHT's customers globally. The AFIRS 228 will be the
first safety services certified platform on the planet to provide black box data
streaming via FLYHTStream(TM), FLYHT's patent pending solution. 


Jabil Defense and Aerospace will begin manufacturing the AFIRS 228B for FLYHT
customers globally in the first quarter of 2013 and the AFIRS 228S soon
thereafter. Bill Tempany, President and CEO of FLYHT stated: "We are very
excited to have a global leader in the manufacture of avionics products be our
partner in the production of our flagship product. We are working on the
certification required by Transport Canada to have product delivered directly
from the Jabil manufacturing facility to our end-customers and are looking
forward to the streamlining of our processes." 


While this agreement is anticipated to result in reduced manufacturing and
inventory carrying costs, the major catalyst is management's expectation of
accelerated demand for AFRIS units in 2013. 


Mr. Tempany added that "we know Jabil has the global production volumes to
obtain preferred pricing and reduced lead times for our products and meet our
anticipated volume needs. Information we have been provided indicates that we
should expect approximately 25% of the annual Airbus A320 production through
factory fit and retrofit installs will require AFIRS units. In order to meet
that demand in combination with the ongoing expansion of our customer base, a
higher volume production facility needed to be in place." 


Scott Gebicke, President of Jabil Defense & Aerospace Services and VP Global
Business Units, said, "FLYHT and the AFIRS product represent a disruptive
innovation that can transform avionics data management and dissemination. We are
proud to help FLYHT deliver the highest quality certified product to its growing
customer base and will continue to support them in the development and delivery
of their product family." 


FLYHT's recent announcements featuring L3, Nigeria and new customers foretells
the growth FLYHT expects to see and this relationship will allow FLYHT to meet
the product demand, regardless of where in the world that demand comes from. 


About FLYHT Aerospace Solutions Ltd. 

FLYHT provides proprietary technological products and services designed to
reduce costs and improve efficiencies in the airline industry. The Company has
patented and commercialized three products and associated services currently
marketed to airlines, manufacturers and maintenance organizations around the
world. Its premier technology, AFIRS(TM) UpTime(TM), allows airlines to monitor
and manage aircraft operations anywhere, anytime, in real time. If an aircraft
encounters an emergency, FLYHT's triggered data streaming mode, FLYHTStream(TM),
automatically streams vital data, normally secured in the black box, to
designated sites on the ground in real-time. In May 2012 the trading symbol was
changed from AMA to FLY in conjunction with a name change from AeroMechanical
Services Ltd. to FLYHT Aerospace Solutions Ltd. AFIRS, UpTime, FLYHT,
FLYHTStream and AeroQ are trademarks of FLYHT Aerospace Solutions Ltd.


About Jabil Defense and Aerospace Services

Jabil Defense and Aerospace Services is a wholly-owned subsidiary of Jabil
Circuit, Inc., a leading electronic product solutions provider, offering defense
and aerospace industry-focused electronic design and manufacturing services.
Jabil Defense and Aerospace Services expertise includes rapid prototyping,
compressed timelines for design-to-market production, programs and tools to
mitigate E&O risk, highly motivated and responsive customer focused workcells,
and industry experience and reputation. Jabil helps bring electronics products
to the market faster and more cost effectively by providing complete product
supply chain management around the world. Jabil provides comprehensive,
customer-focused solutions to a broad range of industries. Jabil common stock is
traded on the New York Stock Exchange under the symbol, "JBL". Further
information is available on the company's website: jabil.com.


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www.flyht.com  

FOR FURTHER INFORMATION PLEASE CONTACT: 
FLYHT Aerospace Solutions Ltd.
Thomas R. French, CGA
VP Finance and CFO
403-291-7427
tfrench@flyht.com


FLYHT Investor Relations
The Howard Group Inc.
Dave Burwell
Senior Associate
(888) or (403)-221-0915


Jabil Investor Relations & Media Contact:
Beth Walters
Senior Vice President, Communications & Investor Relations
Jabil Circuit, Inc.
(727) 803-3511
beth_walters@jabil.com

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