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Silent Falcon Solar Electric UAV Starts LRIP

Silent Falcon(TM) Begins Initial Production DENVER, Colorado - March 28, 2014 - Silent Falcon(TM) UAS Technologies (SFUAS), a subsidiary of Bye Aerospace, Inc., announced a transition to the production phase of its Silent Falcon(TM) unmanned aircraft system. The patent-pending Silent Falcon (TM) is a solar/electric, all composite, modular small Unmanned Aircraft System (sUAS) with an interchangeable wing configuration designed for commercial, public safety and defense applications. In 2010 Bye Aerospace created what is now SFUAS, capitalizing the company with a prototype electric unmanned aerial vehicle (UAV) and initial design work on solar electric hybrid propulsion. The combination of efficient aerodynamic design, lightweight composite construction and advanced solar energy collection gives 25 lb. Silent Falcon(TM) UAS a remarkable 6 to 12 hour flight endurance. "The Silent Falcon's(TM) unprecedented performance and value is ready for the market place as we have commenced low rate initial production, said John Brown, President of SFUAS. "Our relationship with our marketing team gives us an immediate, powerful sales organization," said Brown, noting that Silent Falcon(TM) sales teams are targeting domestic, Latin and South Asia region trade shows in the next few weeks. "We are extremely pleased with the Silent Falcon(TM) development progress," said George E. Bye, CEO of Bye Aerospace and Chairman of the Board of SFUAS. "With Silent Falcon's(TM) production, SFUAS has aligned its global sales, marketing and distribution functions, giving customers access to the remarkable capability of the Silent Falcon(TM) UAS for the first time." ABOUT BYE AEROSPACE, INC. Bye Aerospace, founded in 2007 and headquartered near Denver, is applying clean energy solutions to innovative aircraft designs for the general aviation and defense markets. For more information, go to www.ByeAerospace.com. ABOUT SILENT FALCON(TM) UAS TECHNOLOGIES Silent Falcon(TM) UAS Technologies was established to develop patent-pending, state-of-the-art sUAS and sUAS sensors for the commercial, public safety and military ISR markets. The company is headquartered in Albuquerque, N.M. For more information, go to www.SilentFalconUAS.com.