Flight Management Announces First Agency Agreement

Flight Management International, Inc. (PINKSHEETS: FMGM), a premier provider of public charter and transportation services, announced today signing of an agreement to act as agent for Aviation Charters, an independent carrier based in northern New Jersey.

This agreement, the first of a series in negotiation, begins the initial phase of the Company's plan to implement its aggressive 12-month growth program. That plan will create a new business model unique to the industry, offering faster response to customer needs, better pricing, and more reliable service.

Functioning as a central agency for a large, diverse group of carefully screened carriers, Flight Management expects to quickly secure its position as an industry leader and the charter company of choice for business and sports customers.

FMGM's plan represents a carefully executed departure from the industry practice of searching out carriers who have available aircraft and time for additional charters. Instead, FMGM is building a national network of approved carriers whose crews and equipment will serve the Company's clients allowing it to offer right-priced, custom service from virtually any location in the U.S.

In addition to timely charter service and more equipment options, customers will realize better value through competitive pricing: With more carriers closer to customers, the burden of additional costs to ferry an aircraft to the origination point is significantly reduced.

Company management promised more details to be announced as the plan evolves and additional carriers are added to FMGM's Select Carrier Group.

A non-reporting company, FMGM intends to post its financial results on PinkSheets.com.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," forecasts," potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.