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Fatal Accidents in Texas, Hawaii and Delaware Attributed to Loss of Power in One Engine

Innovative Solutions & Support Management to hold news conference at NBAA on October 21, at 2:00 PDT to highlight improved safety profile for twin engine planes fitted with patented ThrustSense® autothrottle technology

Thursday, October 17, 2019 2:42 pm EDT

Dateline:

EXTON, Pa.

Public Company Information:

NASDAQ:
ISSC
"Accidents over the past several months are the latest in the catastrophic consequences of losing use of an engine in a multi-engine aircraft"

EXTON, Pa.--(BUSINESS WIRE)--Innovative Solutions & Support, Inc. (NASDAQ: ISSC) has announced that at the NBAA National Convention on October 21, Tom Grunbeck, Autothrottle Program Director will be joined by Chairman and CEO, Geoffrey Hedrick to provide an overview of the risks of the loss of a single engine in a twin engine aircraft and how Innovative Solution & Support’s patented new technology – ThrustSense® – can mitigate the potentially catastrophic consequences of an engine out.

“Accidents over the past several months are the latest in the catastrophic consequences of losing use of an engine in a multi-engine aircraft,” observed Mr. Hedrick. “Our patented ThrustSense® technology was designed to mitigate this condition. With the loss of control in an engine-out condition, even some of the most experienced pilots may be unable to react accurately enough to restore and maintain control. With its proprietary technology, ThrustSense® identifies the engine out condition, even during the challenging periods of take-off, climb and landing, and responds by correctly adjusting power in the remaining engine to facilitate the uninterrupted control of the aircraft. By mitigating this dangerous condition, ThrustSense® can provide pilots an added layer of protection against the risk of an engine out.”

Innovative Solutions & Support will be showcasing its patented and certified ThrustSense® technology at NBAA in Las Vegas, Nevada, October 21 – 24, 2019.

Geoffrey Hedrick will provide a more thorough review of recent engine out incidents and further describe ThrustSense® technology at NBAA Media Day, October 21, at 2:00 Local Time, 5:00 PM Eastern Time. Reporters interested in an interview with Mr. Hedrick should contact Maureen Robertson at 610-646-0310 or mrobertson@innovative-ss.com.

About Innovative Solutions & Support, Inc.

Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. (www.innovative-ss.com) is a systems integrator that designs and manufactures flight guidance and cockpit display systems for Original Equipment Manufacturers (OEMs) and retrofit applications. The company supplies integrated Flight Management Systems (FMS) and advanced GPS receivers for precision low carbon footprint navigation.

Certain matters contained herein that are not descriptions of historical facts are “forward-looking” (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. Many of the factors that will determine the Company’s future results are beyond the ability of management to control or predict. Readers should not place undue reliance on forward-looking statements, which reflects management’s views only as of the date hereof. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

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Contact:

Relland Winand, Chief Financial Officer
Innovative Solutions & Support, Inc.
rwinand@innovative-ss.com
610-646-0350