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Friday, 03/19/2010 11:31:52 AM

Friday, March 19, 2010 11:31:52 AM

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JACKSONVILLE, FL--(Marketwire - 03/19/10) - Quasar Aerospace Industries, Inc. (Pinksheets:QASP - News) --

Dean Bradley, the CEO of Quasar Aerospace Industries, Inc. announces the acquisition of Corporate Air Repair, Inc. This deal will add a top of the line maintenance capability to our growing fleet of aircraft for both Atlantic Aviation and our other corporate aircraft.

Corporate Air Repair is the Southeast's premier location for King Air phase inspections and pilot recurrent training.

Corporate Air Repair offers complete general aviation maintenance, annuals, 100 hour and pre-purchase inspections, as well as antique aircraft restorations, and multi-engine and ATP instruction.

Corporate Air Repair is operated by highly qualified technicians with decades of experience, having airframe and power plant certificates with FAA inspection authorization. The staff is both knowledgeable and aviation enthusiasts. Corporate Air Repair takes extreme pride in their craft and stand behind their work.

Corporate Air Repair's prior owner is Kenneth Oddy, an aviation icon with over four decades of pilot and mechanical experience. Mr. Oddy has agreed to stay on and manage the facility for at least a year and possibly longer. Ken has been providing maintenance services based at Herlong Airport for over 15 years. A retired airline captain, Ken flies and repairs a legendary variety of aircraft. He currently holds several FAA licenses including Commercial Pilot's license, ATP, CFII, MEI (land and seaplane), A & P Mechanic, and IA. He has logged approximately twenty five thousand hours as a pilot.

Joshua Henderson, President and Chief Operating Officer of Atlantic Aviation, Inc., states that this is a major step forward in building a fully integrated pilot training academy here at Herlong Airport.

IMHO BWTFDIK!