Trans-Pacific Aerospace Company, Inc. (OTCBB: TPAC) announced today that it has engaged the services of Institutional Analyst Inc., (IAI) a highly regarded investor and public relations firm specializing in creating market awareness programs for publicly-traded companies involved in thirteen distinct industries via industry specific financial web portals including the Internet, Biotech, Alternative Energy, Airlines and Private Equity.
IAI, which is headquartered in Chicago, introduces small cap and micro-cap companies to professional investors including investment brokers, small cap mutual funds, private investment managers and hedge fund managers. The firm publishes four industry specific newsletters including the Internet Stock Review, the Biotech Stock Review, the Hollywood Stock Review and the Airline Stock Review, which are distributed free to industry and trade executives.
Bill McKay, CEO and President stated, "We're excited to retain the services of IAI and its team of advisors as we near the launch of our self-lubricating spherical bearings for commercial aircraft, via our China based manufacturing and assembly facility. We intend on keeping our current and future shareholders accurately apprised of our progress as we enter this highly lucrative and rapidly expanding Chinese market."
"With the recent news of China's desire to reshape the global aviation industry by manufacturing its own large commercial aircraft and build 70 airports by 2020, the opportunity for Trans-Pacific Aerospace is near limitless," stated Roland Rick Perry, managing director for IAI. "To meet demand China's domestic airlines will need to buy an estimated 4,330 new aircraft, valued at $480 billion, over the next two decades. Management at Trans-Pacific, brilliantly we might add, had the foresight to establish early on a joint venture and acquire an equity stake in a China based bearing manufacturing company, to comply with the Chinese government mandate which has required foreign suppliers to set up joint ventures with Chinese companies. We are pleased to have been offered the opportunity to introduce them to the investment community."