Advanced Aerodynamics & Structures, Inc..

[jmhollen]

AASI to Hold Telephonic News Conference; Dial and Speak With the New Management Team

LONG BEACH, Calif., Feb 12, 2002 /PRNewswire-FirstCall via COMTEX/ -- Advanced Aerodynamics & Structures, Inc. (OTC Bulletin Board: AASI) announced today that it has arranged for a "Dial and Speak with Management" telephonic news conference. The conference is scheduled for 11:00 a.m. PST Thursday, February 14, 2002.

Mr. Roy Norris, the President and CEO of AASI and the former President of Beech Aircraft summarized the telephonic news conference as follows: "I look forward to the opportunity to share our plans with the investment community, shareholders and Mooney owners."

Those interested in participating in this news conference should call the following number at 11:00 a.m. PST Thursday, February 14, 2002:

1-800-556-3831 Pass Code 00965

For further information, please contact: David Turner of Advanced Aerodynamics & Structures, Inc., [phone].

SOURCE Advanced Aerodynamics & Structures, Inc.

CONTACT: David Turner of Advanced Aerodynamics & Structures, Inc., [phone] (AASI)

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