|[December 17, 2012]
Innovative Solutions & Support Awarded Contract by iAccess Technologies for Avionics Retrofit of L-100 and C-130 Aircraft
EXTON, Pa. --(Business Wire)--
Innovative Solutions & Support (News - Alert), Inc. (IS&S) (NASDAQ:ISSC) announced
today that iAccess Technologies has awarded IS&S a contract in excess of
$4M to provide seven shipsets of company's Integrated Suite of Avionics
for the C-130 and L-100 aircraft. IS&S equipment includes seven
Integrated Flat Panel Displays, Standby Instrument System, Flight
Management System, Warning System and computers. The IS&S system
provides for integration of legacy and newly installed equipment making
the aircraft CNS/ATM compliant.
Integrated Suite of Avionics for the C-130 and L-100 aircraft (Photo: Innovative Solutions & Support, Inc.)
IS&S President Shahram Askarpour stated, "The IS&S system will
standardize the cockpits on the C-130 and L-100 aircraft making them
Communication, Navigation, Surveillance/Air Traffic Management (CNS/ATM)
compliant. The IS&S system is Night Vision Imaging System (NVIS)
compliant and enhances tactical and situational awareness. This program
will improve the reliability, maintainability and situational awareness
of the C-130 and L-100 aircraft."
A highlight of the system is the IS&S Flight Management System guided by
IS&S Beta 3 GPS receivers that provide RNP and LPV capabilities. "These
capabilities further demonstrate the robustness and versatility of the
IS&SFlight Management System and are unprecedented in this type of
aircraft," continued Askarpour.
The IS&S Integrated Multifunction Standby Unit (IMSU) processes and
displays altitude, attitude, airspeed, slip/skid and navigation
information in an intuitive and concise single instrument display. The
IMSU displays a Primary Flight Display (PFD) and a full 360� Horizontal
Situation Indicator (HSI) to reduce pilot workload and enhance
Further, the system includes Primary, Navigation and Engine Instrument
Displays with associated Control Panels and Data Concentrators. The
Caution, Warning and Advisory Panel (CWAP) enables centralized
cautionary and warning indications in the flight deck and provides an
interface with the remote attention getters to enable flight crew alert
of annunciated cautions or warnings. CWAP also provides outputs to
activate warnings in the aircraft audio tone and voice alerting system.
Mr. Askarpour concluded, "This award by iAccess Technologies provides
another example of the growing use of IS&S products for military
applications. The IS&S Integrated Suite of Avionics provides exceptional
system integration, performance, low cost, light weight and low power
consumption, offering a great value."
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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