BEFORE (Photo: Innovative Solutions & Support, Inc.)

Please replace the photo for release dated August 8, 2012 with the accompanying corrected photo.
Innovative Solutions & Support 24 Hour Retrofit Before & After (Photo: Innovative Solutions & Suppor ...

Innovative Solutions & Support 24 Hour Retrofit Before & After (Photo: Innovative Solutions & Support, Inc.)

The release reads:

INNOVATIVE SOLUTIONS & SUPPORT ANNOUNCES FAA CERTIFICATION OF ITS FLAT PANEL DISPLAY SYSTEM (FPDS) ON CLASSIC B737

24 Hour Installation and Return Service Available

Innovative Solutions & Support, Inc. (IS&S) (NASDAQ:ISSC) announced today that the Company has received Federal Aviation Administration (FAA) Supplemental Type Certification (STC) of its Flat Panel Display System (FPDS) for use on Classic B-737 aircraft.

The STC covers the B737-300/-400/-500 series aircraft and provides B-737 operators with a low cost, low down time retrofit of their flight deck avionics with a modern pilot and copilot suite of high resolution multi-color LCD flat panel displays. Operators will benefit from improved dispatch reliability, logistics savings, and adaptability to future airspace requirements.

“Working with customers, we continue to expand our Flat Panel product line to additional aircraft types,” said Shahram Askarpour, president for IS&S. “With the launch of this program late last year, IS&S is able to deliver another certified program in to the market quickly and efficiently to support increasing customer demand for integrated avionics offerings.”

The receipt of the STC positions IS&S to pursue the more than 1,000 Classic B-737 aircraft with the need for Flat Panel Display System upgrades. The cockpit upgrade of the B737 replaces aging flight instruments and includes the installation of an Electronic Standby Instrument System (ESIS). The FPDS utilizes a common 10.4-inch display architecture that IS&S developed and certified, and that IS&S has installed on more than 160 B-757 and B-767 aircraft. “What makes this installation revolutionary is the short aircraft down time, while removing 10 net LRU’s and approximately 100 pounds, which can be less than 24 hours,” added Askarpour. The company will provide a complete turn key installation including installation at remote sites.

As it continues to deliver technology to support NextGen and SESAR requirements, IS&S has delivered multiple solutions which satisfy Communications, Navigation, and Surveillance/Air Traffic Management (CNS/ATM) needs. “The FPDS serves as the foundation of future technology by providing a true Forward Field of View (FFV) display of information and data to flight crews,” said Mike Glover, Director – IS&S Atlanta Region Director. “We are pleased to announce the B737 program certification and to deliver features and functions which operators need to support existing and emerging airspace requirements.”

The B737 FPDS is available for purchase and delivery through IS&S and offers an open architecture flat panel display system that allows operators to upgrade their aircraft while not replacing installed third party avionics. This approach allows the operator to select the best new equipment and minimizes the cost and down time of the upgrade.

About Innovative Solutions & Support, Inc.

Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. ( www.innovative-ss.com) is a systems integrator that designs and manufactures flight guidance and cockpit display systems for Original Equipment Manufacturers (OEM’s) and retrofit applications. The company supplies integrated Flight Management Systems (FMS) and advanced GPS receivers for precision low carbon footprint navigation.

Certain matters contained herein that are not descriptions of historical facts are “forward-looking” (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. Many of the factors that will determine the Company’s future results are beyond the ability of management to control or predict. Readers should not place undue reliance on forward-looking statements, which reflects management’s views only as of the date hereof. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

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