LOS ANGELES, CA & MIAMI, FL - November 12, 2001 (INB) --
Windstar Capital LLC, a Los Angeles-based investment firm, has acquired
the assets of AeroThrust Corporation from Swedish-based Saab AB, in a
transaction valuing the company at approximately $51 million.
AeroThrust, located at the Miami International Airport, is a leading
supplier of JT8 engine overhaul, sales and leasing services to the
world's airlines. The acquisition will provide AeroThrust with enhanced
operating and marketing expertise, as well as the capability to
substantially expand its portfolio of aviation services.

For 35 years, AeroThrust has provided JT8 engine overhauls to airlines
globally. In recent years, AeroThrust has successfully focused its
efforts on specific market areas, resulting in major contracts with the
Unites States Government, Aeromexico and others. Windstar will build on
this history of success by expanding the AeroThrust product offering to
new markets and products, and transforming AeroThrust into a vertically
integrated global provider of engine-related aviation services. Led by a
new executive team, which totals over a century of experience and
expertise, AeroThrust will aggressively expand its engine sales and
leasing capabilities, and component repair activities, and will take
aggressive steps to expand into other products and services needed by
its customer base.

"AeroThrust is a natural fit with our core competencies of leveraging
operational know-how, market intelligence, and financial engineering to
provide AeroThrust and its customers unmatched value-added services",
said Jack Risko, Chairman and Chief Executive Officer of Windstar
Capital. "I will be personally involved in the execution of both
internal and external growth strategies" he added. "Windstar is building
an integrated services portfolio that will allow to provide customers
with a complete range of engine overhaul, sales, and leasing solutions,
and this acquisition fits that strategy precisely." Commenting on the
current aviation marketplace, Risko added, "The current challenging
environment demands that we build the strongest and most diversified
American aviation companies possible, and AeroThrust is a cornerstone of
that strategy."

Risko concluded: "We are actively seeking additional acquisition
opportunities to fully implement our strategy. In the current
value-driven environment, we will consider acquiring both OEM and
aftermarket companies, suppliers of both products and services, engine
and airframe alike."

Faryt Kahlil, formerly Vice President of Quality at AeroThrust, was
named as the Company's new Chief Operating Officer. He added, "Windstar
Capital and AeroThrust together can offer airlines the premier JT8
engine overhaul solution in the industry - and that is only the
beginning of our opportunities". He further commented, "in these
momentous times, customers, employees, and the city of Miami will be the
beneficiary of AeroThrust's aggressive growth strategy led by our new
owner".

Other management changes include the promotion of Marlene Hernandez to
Senior Vice-President of Finance, Administration and MIS, and the
appointment of Jose Leon as Senior Vice-President of Sales, Marketing,
Purchasing and Subcontract. Thomas Johnson, Vice President of
Engineering will undertake additional Quality Assurance
responsibilities.

AeroThrust is based in Miami and has approximately 200 employees.
Windstar Capital LLC will operate AeroThrust as a wholly owned
subsidiary.

About Windstar Capital: Windstar Capital, LLC is an investment firm
specializing in aerospace, e-commerce, and value investments. Founded in
1997, Windstar differentiates itself from traditional leveraged buyout
firms in that it takes an operational, as well as financial, approach to
investing, and takes a hands-on role in its portfolio companies.
Previous investments by Windstar principals have ranged from turnarounds
to start-ups, and include National Airmotive Corporation,
First Aviation Services, Inc., and pioneering e-commerce companies, such
as iSolve, Inc. and ForMyCause, Inc. Windstar's president is Jack Risko,
who has over twenty years experience in mergers, acquisitions, and
operational management. The company has offices in Los Angeles and New
York.

About Saab: Saab AB, based in Stockholm, Sweden, is one of the world's
leading high-technology companies, with its main operations focusing on
defense, aviation and space. The group covers a broad spectrum of
competence and capability in systems integration

For more information on AeroThrust, see its World Wide Web site at
<http://www.aerothrust.com>.