Press Releases
FOR IMMEDIATE RELEASE
February 11, 2004
BUTLER NATIONAL CORPORATION ANNOUNCES EXPANSION OF
ITS TURN-KEY CERTIFICATION BUSINESS WITH THE ADDITIONS OF
LLOYD BINGHAM, JR. AND C. TODD HEMBREE
[Olathe, Kansas, February 11, 2004] - Butler
National Corporation (OTC Bulletin Board "BUKS"),
announces the expansion of its turn-key certification business
through the additions of Lloyd Bingham, Jr. and C. Todd Hembree.
Mr. Bingham is a FAA DER (Designated Engineering Representative)
Test Pilot, certified for performing flight tests in helicopters
and both large and small airplanes. He has designated authority
under 14 CFR Parts 23, 25, 27, and 29. Mr. Bingham joins Butler
National Corporation after serving as Chief Test Pilot from
1980 to 2003 at a major avionics manufacturer.
Mr. Hembree is a DER Candidate for structures. Todd has been
performing structural design and analysis for the corporation
under review of the FAA and its designees for the last two
years. Mr. Hembree has an extensive engineering background,
including master studies in Aeronautical Engineering. Mr.
Hembree has prior analyst experience with a major air transport
aircraft manufacturer in the United States.
The Butler National Certification Team complements Avcon
Industries, Inc.'s (a Butler National subsidiary) aircraft
modification business. Avcon owns more than 250 FAA approved
supplemental type certificates for business and general aviation.
Avcon specializes in special mission (camera, research, and
defense-related), flight enhancement, and regulatory solutions
for business and cargo aircraft operators.
Clark Stewart, President and CEO of Butler National Corporation
said, "The expansion of the Butler National Certification
Team gives us strong tools to expand into the highly-specialized
business of aircraft modifications and product development.
Our goal is to obtain the most-skilled resources for our business.
Lloyd Bingham is certainly recognized as a leader in airplane
and helicopter flight testing, and Todd's engineering background
and DER candidacy opens the door for additional certification
business. We are very pleased they have joined the team".
Our Business:
Butler National Corporation operates in the Aerospace and
Services business segments. The Aerospace segment focuses
on the manufacturing of support systems for "Classic"
commercial and military aircraft including the Butler National
TSD for Boeing 737 and 747 Classic aircraft, switching equipment
for Boeing/Douglas Aircraft, weapon control systems for Boeing
Helicopter and performance enhancement structural modifications
for Learjet, Cessna, Dessault and Raytheon business aircraft.
Services include electronic monitoring of water pumping stations,
temporary employee services, Indian gaming services and administrative
management services.
Forward-Looking Information:
The information set forth above may include "forward-looking"
information as outlined in the Private Securities Litigation
Reform Act of 1995. The Cautionary Statements, filed by the
Company as Exhibit 99 to the Company's Annual Report on Form
10-K, are incorporated herein by reference and investors are
specifically referred to such Cautionary Statements for discussion
of factors, which could affect the Company's operations, and
forward-looking statements contained herein.
FOR MORE INFORMATION, CONTACT:
William A. Griffith, Investor Relations
Butler National Corporation
19920 W. 161st Street
Olathe, KS 66062
Ph: 913-780-9595
Fax: 913-780-5088
For more information, please visit the Company web site: www.butlernational.com
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