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Avantair Inc Appoints Paul Perry to Sales Director

CLEARWATER, Fla., Aug 30, 2007  -- Avantair Inc. (OTCBB:AAIR) (OTCBB:AAIRU) (OTCBB:AAIRW) ("Avantair"), the only publicly traded stand-alone fractional operator, announced today that it has appointed Paul Perry to Director of Sales for the West.

Mr. Perry previously held several executive sales positions at leading pharmaceutical companies. He holds a Master of Business Administration in Marketing from the University of Nevada and a Bachelor of Science from the United States Military Academy at West Point. Mr. Perry also served as an Aviation Officer for the United States Army.

"I am looking forward to working with a dynamic company and the outstanding people at Avantair. Avantair offers a truly unique program in the fractional aircraft ownership industry. Both the Avantair program and its aircraft, the P.180, have many competitive advantages in the marketplace," stated Mr. Perry.

Darren Blackett, Vice President of Sales and Marketing said, "Paul brings over ten years of sales experience to Avantair. With his proven track record and highly motivated demeanor, we are confident that he will add value to the company and continue to help us serve our current owners and deliver superior service to additional new owners."

About Avantair

Headquartered in Clearwater, FL, Avantair Inc. is the exclusive North American provider of fractional aircraft shares in the Piaggio Avanti P.180 aircraft. Avantair is the fifth-largest company in the North American fractional-aircraft industry and the only publicly traded stand-alone fractional operator. As of July 31st, 2007, the company managed a fleet of 37 aircraft with another 48 Piaggio Avanti IIs on order. It also recently announced an order of 20 Embraer Phenom 100s. Avantair, with operations in five states and approximately 300 employees, offers private travel solutions for individuals and companies at a fraction of the cost of whole aircraft ownership.

 

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