8/15/2007 Yakima, WA - In response to the organization’s rapid growth in recent years and the maturing of the internal leadership team across several key areas within the company, CubCrafters named Todd Simmons President and Chief Executive Officer today. Previously Vice President and Chief Operating Officer, Simmons will assume oversight of both day-to-day operations and strategic management of the firm.

CubCrafters Founder and Owner Jim Richmond will remain an integral part of the organization as Chairman. Richmond commented, “My passion, and indeed my best contribution to our growing company, is to continue to improve the design of the Sport Cub, Top Cub and Super Cub. Even beyond those aircraft programs, we have several derivatives and entirely new models planned. With today’s announcement, I can spend more time on R&D and product innovation while Todd and the rest of the team concentrate on running the business day-to-day and planning how to best grow what I started back in 1980.”

“I am humbled to be given the opportunity to lead at CubCrafters” said Simmons. “I consider it a privilege, as Jim Richmond and the CubCrafters staff have created the gold standard in the ‘tube and fabric’ aircraft business over the past 27 years. With such a special group of employees, products and customers, we will not only maintain that high standard as we go forward, but we are going to accelerate the development of both evolutionary and revolutionary new aircraft, new aircraft products and enhanced aircraft support services.”

Simmons concluded, “Each day I come to work at CubCrafters, I am reminded of the events of a little more than a century ago, as Wilbur Wright was quoted ‘We could hardly wait to get up in the morning.’ I along with the nearly 100 employees at our facilities in Yakima, WA, feel the same way about the future at CubCrafters.”

Todd Simmons joined CubCrafters in early 2005 as Director of Sales and Marketing and in early 2006 was named Vice President and Chief Operating Officer. Prior to CubCrafters, he held positions in various areas at Delta Air Lines, including Marketing Development and Pricing and Revenue Management. His experience also includes a start-up venture outside of aviation.

Simmons holds a Bachelor in Industrial and Systems Engineering from the Georgia Institute of Technology and a Master of Business Administration from the University of Chicago. Todd and his family - wife Melissa, six year-old son Clay and three year-old daughter Anna - make their home in Yakima, WA.

ABOUT CUBCRAFTERS

CubCrafters, founded in 1980 by current owner and Chairman Jim Richmond, is located at Yakima Air Terminal/McAllister Field Airport (YKM) in Yakima, WA. CubCrafters’ roots are in the 60 year history of classic ‘taildragger’ aviation, but its products and services - New aircraft, CAD-based design and engineering, CNC tooling and fabrication, Lean-manufacturing, and Award-winning tube and fabric aircraft restoration - are leading edge.

CubCrafters offers two all new, FAA-certified, ready to fly, aircraft: the second generation SPORT CUB S2, the follow on airplane to the original SPORT CUB: the long awaited redesign of the classic airplane that inspired the light sport category; and TOP CUB, the most capable two-place personal and utility aircraft. In early 2007, CubCrafters was issued only the second FAA ‘production certificate’ in the state of Washington, and is now the only U.S. aircraft manufacturer producing and delivering both standard and LSA category aircraft under an FAA-approved quality assurance program. In 2007, CubCrafters will produce a combined-model total of nearly 100 new aircraft.

CubCrafters, under the banner CubCrafters Services, is the recognized authority for re-building and modifying PA-18 Super Cubs and similar aircraft, and it stocks a broad range of STCs, PMA’d parts and modification kits for the existing fleet. In 2007, more than 120 aircraft will pass through CubCrafters Services for rebuild, repair, modification or routine maintenance.

CubCrafters Partners is the organization’s group of preferred vendor, maintenance and training suppliers while CubCrafters Resale is the pre-owned aircraft sales unit specializing in Cub, Super Cub and similar aircraft.

For more information, visit www.cubcrafters.com, or for images and company logos, visit www.cubcrafters.com/media