MEDIA RELEASE

For Immediate Release:

Acquisition of Aviation Resources De., Inc. (ARDI)
By Sierra Nevada Corporation (SNC)

Sparks, Nevada - June 10, 2004 - Sierra Nevada Corporation announced that, as of today, it has completed the acquisition of Aviation Resources De., Inc. (ARDI), a Maryland-based aircraft modification, installation, maintenance and FAA Certified PART 145 Repair Station.

The acquisition of ARDI represents an SNC expansion in overall Integrated Systems capability and as a solid East Coast presence providing proven aircraft modification, maintenance and FAA Certification capabilities to SNC. ARDI's broad range-of-systems integration and management capabilities can be applied to Air, Land and Sea platforms, and increases SNC's ability to compete for larger and more diverse contracts. ARDI's services also include; technical management, quality control/assurance, engineering, design, development, analysis and documentation, mechanical manufacturing and electrical assembling.

SNC is an agile and innovative systems integrator specializing in the design, development, production, installation and servicing of defense electronic systems. SNC, with corporate headquarters in Sparks, NV, is the parent company of SSI (Dayton, OH), ACMS (Rancho Cordova, CA), PMI (Plano, TX), Turtle Mountain Communications (Maryville, TN) and Inter-4 (San Francisco, CA). SNC also has multiple satellite operating locations throughout the United States, tactically collocated near key customers.

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