AeroSat Announces Newly Appointed Chairman

"I am pleased to have been a member of AeroSat's board for the past year and now I look forward to taking on the role of Chairman," said Rowe. "The company has cutting-edge satellite antenna technology and is poised for tremendous growth. I anticipate continued success for AeroSat and I am glad to play a leadership role in taking the company to the next level."

AeroSat's CEO, Mike Barrett said, "I would like to take this opportunity to congratulate David on this appointment. David brings a wealth of operating experience and expertise to his new position as Chairman."

Mr. Rowe is Co-founder and Managing Partner of AeroEquity, an investment firm established in 1998 that provides management expertise, strategic direction and financial resources to companies in the aerospace and aero-derivative industries. Prior to AeroEquity, Rowe served five years as Executive Vice President of Gulfstream Financial Services Corporation (GFSC), a wholly owned subsidiary of Gulfstream Aerospace, and thirteen years in various operating positions with General Electric and GE Capital. Rowe is also on the Board of Directors of Kellstrom Industries and TurboCombustor Technologies. He has previously served on the Boards of Grand Prairie Accessory Services, Notable Solutions, Inc., Douglas Machining and Landmark Aviation.

As Chairman, Rowe will continue to serve alongside fellow board members Leslie B. Daniels, David C. Hurley, Douglas Kahn, Mark Morrissette, Jack M. Schofield, Richard N. Swett, Sherwood (Woody) D. Goldberg, Esquire, and Michael Barrett.

About AeroSat

AeroSat Corporation was founded in 1997. The company produces and distributes aviation communications solutions to increase the flow of in-flight information. From its patented core technologies, the company has created a product line of antenna systems for corporate and commercial aircraft. These systems enable the worldwide reception of television in aircraft, Internet satellite communications, and aircraft-to-aircraft communications.

SOURCE AeroSat Corporation

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Copyright © 2008, NewsBlaze, Daily News

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