TADF News

Tactical Air Defense Services Receives Aircraft Dealers' Certificate

2012-08-07 09:42 ET - News Release

CARSON CITY, Nev., Aug. 7, 2012 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an aerospace/defense services contractor that offers tactical aviation services, aircraft maintenance, and other aerospace/defense services to the United States and Foreign militaries and agencies, is pleased to announce that through its wholly-owned subsidiary, AeroTech Corporation, it has received its aircraft dealers' certificate from the U.S. Federal Aviation Administration-Department of Transportation.

As part of TADF's core business strategy of acquiring military aircraft for aerial service contracts that it anticipates receiving, TADF is presented with select opportunities to purchase aircraft at below market value that do not suit our particular needs, but that nonetheless present an attractive value proposition. In order to capture this revenue stream, TADF has acquired, through its wholly-owned subsidiary, AeroTech, the license to buy and sell aircraft as an FAA certified aircraft dealer.

Alexis C. Korybut, Chief Executive Officer of TADF, stated, "We are pleased to have been granted our aircraft dealers' certificate through AeroTech, our newly acquired wholly-owned subsidiary. Although we do not anticipate that aircraft brokerage will become a core business of TADF, we do believe that it can provide additional opportunities to earn revenue ancillary to our core strategy of purchasing military aircraft in order to deliver aerial training services to the U.S. and foreign militaries."

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