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8-K - 8K PRESS RELEASE ANNOUNCING CONTRACT WITH AERIAL MAPPING FIRM IN SOUTH AMERICA - BUTLER NATIONAL CORP | k050511.htm |
Exhibit 99 |
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OLATHE, Kan., May 5, 2011 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS - News), a leader in the growing global market for structural modification, maintenance, repair and overhaul (MRO) has contracted with Horizons South America S.A.C. to install provisions for advanced aerial cameras & sensors in its fleet of aircraft. The new installation will allow the Horizons fleet to deliver dual sensor data acquisition technology for mining and oil companies in Colombia and Peru.Alejandro Talavera, CEO of Horizons South America S.A.C. said, "The aerial data required to meet simultaneous acquisitions under the same weather conditions for environmental studies is very rigorous. Butler National's sophisticated dual camera STC package allows us to meet these criteria." Craig Stewart, President of Butler's Aerospace Division, added, "We continue to focus on international business as a key growth driver for the company. This installation builds on our existing relationship with Horizons that includes a dual camera provision on its turboprop twin-engine aircraft. We are the only aerospace company in the world that holds the FAA Supplemental Type Certificate (STC) for this type of modification. Today, we hold more than 250 STCs which are a significant barrier to entry in the MRO industry." Butler National's presence in South America is one of many international projects underway as the company continues to strengthen its leadership in the global MRO marketplace. |
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Butler National Corporation
26 International Markets Served in the Last Five Years |
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Number 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 |
Country Australia Bolivia Brazil Burkina Faso Canada Chile Columbia Denmark France Germany Iceland India Indonesia Israel Italy Kazakhstan Malaysia Mexico Republic of China Republic of South Africa Saudi Arabia Spain Sweden Ukraine United Kingdom |
Continent Australia South America South America Africa North America South America South America Europe Europe Europe Europe Asia Asia Asia Europe Asia Asia North America Asia Africa Asia Europe Europe Europe Europe |
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GROWTH IN REVENUES AND SHARE PRICE |
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Butler National Corporation share price increased 39% in 2010. For the most recent fiscal year, the Company achieved revenue growth of 80.1% and was:
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FOR MORE INFORMATION CONTACT: |
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Reign Strategy & Investment Group |
Ph (914) 479-9060 |
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Lou Albert Rodriguez |
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lou.albert@reigninvestment.com |
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www.reigninvestment.com |
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Jim Drewitz, Public Relations |
Ph (830) 669-2466 |
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jim@jdcreativeoptions.com |
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Butler National Corporation Investor Relations |
Ph (214) 498-7775 |
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