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Anita C. Infante, 309 853-5328
For Immediate Release - October 2009

Carter Lays Foundation for Expansion

Wichita Falls, TX - Carter Aviation Technologies (Carter) of Wichita Falls, TX is releasing updated information on their plans to commercialize their new Personal Air Vehicle (PAV) design. The PAV prototype was introduced at AirVenture 2009 as a static display prior to moving into flight-testing. Carter is now preparing for the next stage in the PAV release.

For Carter, commercialization has translated into expansion. In laying the foundation for expansion Carter Aviation Technologies, LLC has created two subsidiary companies - Carter Aerospace Development, LLC and Carter Air Vehicles, LLC. Carter Aviation Technologies will continue to handle all licensing of Carter's unique Slowed Rotor/Compound (SR/C) Aircraft Technology. Carter Aerospace Development will transition to handle research and development programs for the company. Carter Air Vehicles is the new manufacturing arm that will produce pre-production and initial production aircraft for the civilian market.

In releasing the information, Carter President, Jay Carter, Jr., commented, "We are beginning a new phase in our corporate development. Moving from a research and development company into commercial production has required a great deal of investigation. Our decision to set-up a production facility, particularly for pre-production and initial aircraft, came about because potential licensees were concerned about their staff being able to come up to speed quickly on the techniques and processes used in producing our designs. However, the future scope of our manufacturing will depend on demand for our aircraft."

The new PAV design is the second-generation aircraft to demonstrate Carter's revolutionary, Slowed Rotor/Compound (SR/C) Aircraft technology - a combination of rotorcraft and fixed-wing aerodynamics. It incorporates developments learned in seven years of flight-testing Carter's original prototype and newly developed automated controls and systems.

Carter reports that transition of the companies began on October 1st, 2009, however, new websites, offices and contact information may take up to another 30 days to finalize. Transition information can be found on the Carter website: www.carteraviationtechnologies.com

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Caption: Jay Carter, Company President