To: Magnatizer who wrote (14384 ) 1/12/2006 8:55:50 AM From: Galirayo Respond to of 23958 Air Methods Selected by Team US101 to Support Pursuit of U.S. Air Force CSAR-X Contract Thursday January 12, 7:00 am ET biz.yahoo.com DENVER, Jan. 12 /PRNewswire-FirstCall/ -- Air Methods Corporation (Nasdaq: AIRM - News) announced today that it has been chosen by AgustaWestland, Inc. to develop the multimission aeromedical interior for the US101 helicopter. Team US101, comprised of Lockheed Martin (prime contractor and systems integration), AgustaWestland (aircraft design) and Bell Helicopter (aircraft production), with General Electric supplying each helicopter with three CT7-8 engines, is offering the U.S. Air Force the US101 helicopter to meet its Combat Search and Rescue Replacement (CSAR-X) program needs. Lockheed Martin Systems Integration-Owego leads Team US101 and is responsible for overall program management and final aircraft delivery to the Air Force. ADVERTISEMENT CSAR-X is a U.S. Air Force initiative to procure more capable and survivable aircraft able to recover isolated personnel from hostile or denied territory. The three-engine US101 is the leading contender in the CSAR-X competition, with a large, flexible cabin and proven combat search and rescue performance. The Air Force intends to purchase 141 CSAR-X aircraft to replace its aging fleet of 102 HH-60G helicopters. Contract award is anticipated to be in the second quarter of 2006. "Air Methods brings great experience and professionalism to the CSAR-X program," said Stephen C. Moss, chief executive officer of AgustaWestland North America. "We believe that Air Methods' experience and capabilities provide Team US101 with a competitive advantage." The US101 aircraft is the American variant of AgustaWestland's successful EH101 multimission helicopter. The American-built US101 will enable the Air Force to transport vehicles as large as a sport utility vehicle, or configure the space to accommodate 16 litters or more than 30 troops, along with weapons for 360-degree coverage of the aircraft. In service today with five allied armed forces, the worldwide-101 fleet has logged more than 80,000 flight hours. "Equipping our CSAR-X offering with the best possible aeromedical technologies will be of great benefit to the U.S. Air Force," said Stephen D. Ramsey, executive vice president of Helicopter Systems at Lockheed Martin Systems Integration-Owego. Air Methods is an industry leader in providing specialized aircraft interiors for commercial and military customers. The Company has developed multi-mission interior systems for a wide variety of aircraft including the S-70A Fire Hawk and U.S. Army HH-60L Black Hawk. Air Methods' Products Division, which will perform the CSAR-X related work, specializes in the design and manufacture of aeromedical and aerospace technology. "Air Methods Products Division is proud to be a part of the US101 team," stated Arthur Torwirt, vice president of Air Methods' Products Division. "The US101 aircraft will provide the U.S. Air Force with an outstanding platform to meet the challenging CSAR mission requirements." Air Methods Corporation (www.airmethods.com) is a leader in emergency aeromedical transportation and medical services. The Air Medical Services Division is the largest provider of air medical transport services for hospitals. The LifeNet Division is the largest community-based provider of air medical services. The Products Division specializes in the design and manufacture of aeromedical and aerospace technology. The Company's fleet of owned, leased or maintained aircraft features approximately 190 helicopters and fixed wing aircraft. Forward Looking Statements: This news release includes certain forward-looking statements, which are subject to various risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors, including but not limited to the size, structure and growth of the Company's air medical services and products markets; the collection rates for patient transports; the continuation and/or renewal of air medical service contracts; the acquisition of profitable Products Division contracts and other flight service operations; the successful expansion of the community-based operations; and other matters set forth in the Company's public filings. CONTACTS: Aaron D. Todd, Chief Executive Officer, (303) 792-7413 or Joe Dorame at Lytham Partners, LLC, at (602) 889-9700. Please contact Christine Clarke at (303) 792-7579 to be included on the Company's fax and/or mailing list. -------------------------------------------------------------------------------- Source: Air Methods Corporation