Carter Personnel:

Carter Aviation Technologies has already attracted a team of first rate managers and advisors, and intends to continue searching for and hiring only the best. We strongly believe that a few top people are far more productive than many average employees, and that insistence on excellence is the key to our future success.

• Management
• Board of Managers & Advisory Board
• Ground Crew and Support
• Technical Advisors
• Test Pilots
• GAA Flight Directors

Company Philosphy:

Carter Aviation Technologies, LLC (Carter) is a research and development firm dedicated to the creation of practical, advanced technology innovations in hybrid aircraft and rotorcraft. These innovations will span all aspects of design, including, but not limited to, rotors, landing gear, control systems, and pressurization systems. Our products, consisting of intellectual property, shall be protected by whatever means are most appropriate for a given design innovation, whether it be patent, trade secret, contract, or a combination of the above.

As an R&D firm, Carter does not intend to become a manufacturer. We will license our intellectual property to existing aerospace firms and derive revenues from licensing fees and royalties.

In terms of labor force, Carter does not intend to become a large firm. We envision a core group of up to ten very gifted, creative design engineers, supported by a staff of engineers, draftsmen and office support personnel numbering an additional thirty to forty people. This shall comprise our core product development group.

To develop and prove our concepts, Carter will constantly build and test new prototypes. The team of machinists, composite specialists, and all other members of the prototyping team shall be chosen with equal care, and work very closely with the design group to insure that the designs are practical, reliable, and efficient. Experience has taught us that the people closest to the machines, i.e. the people building the prototypes, often have a superb feeling for what works and what doesn't. It is critical to include the prototypers in the overall design process.

In sum, our most valuable assets are our people. We are dedicated to the concept that a small team of very creative, gifted, and motivated people working together in a cooperative, synergistic atmosphere can outperform legions of average workers.

This performance will translate into profits, another concept to which we are firmly dedicated. As Microsoft has proven, intellectual property can be enormously profitable. It is our belief that we have already established significant value with our existing patents.

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