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Air Methods Corporation Announces Acquisition Of United Rotorcraft Solutions

Stocks in this article: AIRM

DENVER, March 7, 2011 (GLOBE NEWSWIRE) -- Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, announced today the acquisition of United Rotorcraft Solutions (URS) by its Products Division. URS is a full-service helicopter and fixed-wing completions center and Maintenance Repair Operation (MRO). Founded by Dave and Traci Brigham in 2005, URS initially served the very unique demands of helicopter night vision capability. In less than six years, URS has expanded to include a full spectrum of rotorcraft and fixed-wing completions and MRO services in a wide variety of markets, including corporate, airborne law enforcement, air medical, utility, border patrol, DEA and other special missions. URS' business has also grown to cover the globe with successful modifications and completions currently operating in the United Status, throughout Latin America, Canada, Africa, Asia, Russia, and Australia.

URS' facilities, consisting of two hangars for a total of 54,000 square feet of space, are located in Decatur, Texas. URS currently employs a staff of 43.

"We are delighted to team with URS, a world-class and nimble supplier to the rotorcraft industry. URS has assembled a team of dedicated and talented professionals who deliver exceptionally high quality completions and MRO services with a keen focus on exceeding the customer's expectations," reports Tom Curtis, Vice President Products Division.

"We are very proud to have our team's hard work so well recognized by Air Methods Products Division, an established industry leader in air medical completions. We are truly blessed to have the opportunity not only to continue, but to accelerate our growth plans. We are very pleased to become a part of the Products Division team and look forward to a long and prosperous relationship," said Dave Brigham, President of URS.

URS will continue to operate as a stand-alone facility serving its established customers, while developing new ones. URS' new relationship with the Products Division will provide URS with additional financial resources and engineering support to facilitate solid growth trajectory, while continuing to provide the highest level of personal customer service for which URS is so well known.

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