Butler National Corp (BUKS)

[B7$4]

"BUKS News" Butler National Expands Presence in Brazil With Significant New Orders From OceanAir
http://www.auto-mobi.info/index.php?option=com_content&task=view&id=121653&Itemid=56

Wednesday, 16 February 2011
Butler National Corporation (OTC Bulletin Board: BUKS), a leader in the growing global market for structural modification, maintenance, repair and overhaul (MRO) has been retained by OceanAir, a Brazilian MRO company, to perform special mission modifications on three Learjet Model 35 airplanes. OceanAir is part of Synergy Group.

"This is a highly specialized modification and electronics integration package," said Jose Efromovich. "We would only entrust such technically sophisticated work to Butler's Avcon Group. We have been working with Butler for three years and look forward to our continued relationship as we keep expanding in the rapidly growing Latin American market."

Christian Vila, Director of Latin & South American sales for Butler National added, "Avcon is the leading provider of Learjet modifications in Brazil. We believe we will see strong demand for this and other Avcon modifications in the future including commercial aircraft." Synergy Group, which is the parent company of OceanAir, also owns 67% of AviancaTaca with approximately 150 aircraft.

Butler National's expanded presence in Brazil continues its effort to leverage a major global growth trend in aviation. According to recently published reports the global deliveries of new aircraft are projected to total 56,900 by 2029 and the total global fleet will approach 70,000 for commercial and business aircraft. This represents more than $3 trillion in value with most of the growth coming from Latin American, Asia and the Middle East.

GROWTH IN INTERNATIONAL MARKETS AND THE AEROSPACE & DEFENSE INDUSTRY

"Our plan is to aggressively increase our footprint in international markets including Latin America. We are currently working with customers and installation centers in Argentina, Bolivia, Chile, Colombia, Mexico, as well as Brazil. That's where the growth is and that's where we'll be," concluded Butler's Vila.

For the most recent fiscal year, the Company achieved revenue growth of 80.1% and was:

* 5th fastest-growing publicly traded Aerospace & Defense company including 115 companies with combined revenues of $443 billion
* 10th fastest-growing publicly traded company in the Midwest including 923 publicly traded companies with combined revenues of $2.7 trillion
* The fastest-growing publicly traded company in Kansas including 28 companies with combined revenues of $61 billion


Our Business:

Butler National Corporation operates in the Aerospace and Services business segments. The Aerospace segment focuses on the manufacturing of support systems for "Classic" commercial and military aircraft including the Butler National TSD for the Boeing 737 and 747 Classic aircraft, switching equipment for Boeing McDonnell Douglas Aircraft, weapon control systems for Boeing Helicopter and performance enhancement structural modifications for Learjet, Cessna, Dassault and Beechcraft business aircraft. Services include electronic monitoring of water pumping stations, temporary employee services, gaming services and administrative management services.