OLATHE, Kan.,
April 10 /PRNewswire-FirstCall/ -- Butler National
Corporation (OTC Bulletin Board: BUKS) a leading manufacturer and provider of
support systems for "Classic" aviation, announces it acquired the JET
autopilot product line for the Classic Learjets from L-3 Communications
Avionics Systems.
Butler National through its subsidiary Avcon Industries and L-3 Avionics
Systems plan for a smooth transition of the acquisition and to continue the
service and support of all customers operating the JET autopilot and related
equipment in their Learjet.
Butler National, through its subsidiary Avcon Industries, Inc., is a
proven leader in Learjet 20 and 30 Series Modification, Maintenance, Repair
and Overhaul. The Avcon RVSM solution is installed on most of the Classic
Learjet 20 series airplanes. Avcon performance and productivity enhancement
products are installed on many of the Classic Learjet 30 series airplanes.
These include weight increases, extended range packages, stability
enhancements, and special mission structural modifications.
"We are pleased to expand our support of the Classic Learjet. This
acquisition allows us to implement our commitment to replace many obsolete
electronic components in these systems. We are proud to assist the operators
of these industry proven airplanes by providing repair services with modern
avionics. We look forward to continuing to expand our Classic Aviation
Product support efforts," commented Clark D. Stewart, President and CEO.
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 the 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, Dassault and Hawker/Beechcraft 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 and Risk Factors, filed by the Company as Exhibit 99 to
the Company's Annual Report on Form 10-K and Section 1A of Form 10-K, are
incorporated herein by reference and investors are specifically referred to
such Cautionary Statements and Risk Factors for discussion of factors, which
could affect the Company's operations, and forward-looking statements
contained herein.
FOR MORE INFORMATION CONTACT:
Craig D. Stewart, Investor Relations
Butler National Corporation
19920 W. 161st Street
Olathe, KS 66062
Phone: (214) 663-5833
Phone: (913) 780-9595
Fax: (913) 780-5088
Jim Drewitz, Public Relations
Creative Options Communications
jim@jdcreativeoptions.com
Phone: (830) 669-2466
For more information, please visit the Company web site:
http://www.butlernational.com .