To: Joe Copia who wrote (24783 ) 8/6/2002 9:06:35 AM From: Joe Copia Read Replies (1) | Respond to of 25711 RDVN news: Renegade Venture's Hamilton Aerospace Technologies Announces the Award of Four ''B1'' and ''B2'' HMV Checks for Falcon Air Express and Sol Air Business Editors TUCSON, Ariz.--(BUSINESS WIRE)--Aug. 6, 2002--Renegade Venture (NEV.) Corporation, a public Nevada corporation (OTCBB:RDVN) said today that its wholly owned subsidiary, Hamilton Aerospace Technologies, is proud to announce the arrival of the 1st of four B727-200 from FALCON AIR EXPRESS and SOL AIR of Miami, FL for "B1" and "B2" HMV checks. Work to be performed includes the "B1" and "B2" inspection, interior refurbishment, airworthiness directives, engine changes and paint. The work is valued at over $300,000. Ian Herman, Renegade's Chairman and CEO, said Falcon Air continues to be pleased and impressed with work performed at Hamilton Aerospace Technologies. "To date we have accomplished everything we have set forth to do in regard to Falcon Air. We repeatedly deliver ahead of schedule and on- or under-budget. We are extremely pleased with the Hamilton team; they continually strive to make the company a success." Hamilton Aerospace Technologies has also just received the contract for two (2) triple engine changes on B727-200's for a large leasing company. This new contract is in addition to numerous projects currently underway. About Hamilton Aerospace Technologies Hamilton Aerospace provides maintenance, engineering and modifications for large passenger jet aircraft. Clients include scheduled and charter airlines, aviation leasing companies and government entities. The Federal Aviation Administration (FAA) on May 6, 2002, awarded Hamilton Aerospace its own Part 145 Air Agency Certificate, which allows it to perform such services. Hamilton Aerospace operates from leased facilities comprising about 21 acres located at the Tucson International Airport. These facilities include hangars, workshops and other buildings. Hamilton's website can be found athamiltonaerospacetechnologies.com . Except for the historical information presented herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995, or by the Securities and Exchange Commission in its rules, regulations, and releases. These forward- looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks include the economic health of the airline industry and concomitant demand for Hamilton's services, competitive pricing pressures for Hamilton's services, and the availability of financing to complete management's plans and objectives. In addition, other risks are detailed in Renegade's current report on Form 8-K filed on May 9, 2002. These forward-looking statements speak only as of the date hereof. Renegade disclaims any intent or obligation to update these forward-looking statements. --30--dw/mi* CONTACT: Equity Capital Partners, Miami Public Relations Rich Inza or Vicky Wright, 786/924-1660 ecpfinancial@aol.com