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Technology Stocks : Groen Brothers Aviation (GNBA) -- Ignore unavailable to you. Want to Upgrade?

To: Graham Marshman who wrote (57)	7/14/1999 9:51:00 AM
From: Seer	Read Replies (1) \| Respond to of 83

AWESOME! biz.yahoo.com Wednesday July 14, 9:11 am Eastern Time Company Press Release Groen Brothers Aviation Expands USA Dealership Program SALT LAKE CITY--(BUSINESS WIRE)--July 14, 1999--Groen Brothers Aviation, Inc., (GBA) announced today that it has sold three additional Gyroplane Dealerships, which includes deposits on 56 Hawk 4 Gyroplanes. GBA now has deposits on 86 aircraft (including Dealer and Company sales) with a combined retail value of more than $26 million. The new GBA Authorized Dealers are: GBA Gyroplanes of Salt Lake City (Utah); GBA Gyroplanes of Anchorage (Alaska); and GBA Gyroplanes of Cincinnati (Ohio). The addition of these dealerships gives momentum to GBA's nationwide Authorized Dealer program. Dealers will offer the $295,000 vertical take-off and landing gyroplane at GBA Flight Centers throughout the country. The main advantage of a gyroplane is that it is simple, safe and inexpensive to operate. ''Our corporate motto is,'' said Jay Groen, Chairman of the Board, ''for the 21st Century, build the DC-3 of Gyroplanes, and sell as many. These new dealerships serve to advance this worthwhile goal.'' Two production aircraft will be in the GBA booth at the AirVenture '99 air show in Oshkosh, Wis., later this month. GBA is fully reporting and publicly traded on the OTC Bulletin Board, symbol (GNBA). Access GBA's web page at www.groenbros.com or e-mail at mktg@groenbros.com or at Groen Brothers Aviation, Inc., 2640 West California Ave., Suite A, Salt Lake City, Utah 84104-4593. Phone 801/973-0177 Forward-looking Information Disclaimer Forward-looking information is subject to risk and uncertainty. Certain statements in this Press Release may contain ''forward-looking'' information that involves risk and uncertainty, including projections for deliveries, sales, and other trend projections. Actual future results and trends may differ materially depending on a variety of factors, including the Company's successful execution of internal performance plans; product performance; risks associated with regulatory certifications of the Company's commercial aircraft by U.S. and foreign governments; other regulatory uncertainties; collective bargaining labor disputes; performance issues with key suppliers and subcontractors; governmental export and import policies; and the ability to adequately finance operations to the date of FAA certification and manufacturing. Contact: Groen Brothers Aviation, Inc. GBA Marketing, 801/973-0177 www.groenbros.com More Quotes and News: Groen Brothers Aviation Inc (OTC BB:GNBA - news) Related News Categories: aerospace/defense, leisure/travel Help Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments?