News

GLOBAL PRESENCE AND FURTHERS ITS LEAD IN THE 787 DREAMLINER MODIFICATION MARKET BY WINNING ITS ....

May

18

2015

GENEVA, May 18, 2015 – EBACE

GDC Technics announced winning its third Boeing B787 cabin modification contract making it

the industry leader with regards to modifying next generation aircraft.

The Company also announced that it is continuing to expand its global presence and expand its USA operations into a new 80,000 square meter (850,000 ft2)facility located at Fort Worth, Texas. In addition, the Company announced that its 20 million USD internal capabilities development and restructuring program has been completed on time.

“It has been two years since we acquired GDC Technics; during these two years we made substantial investments in our operations, facilities, manufacturing capabilities, manpower and we drastically expanded our engineering and certifications capabilities enabling us to develop leading edge solutions that benefit our customers” said GDC Technics General Partner Mohammed Alzeer. “In addition we developed and executed our global expansion strategy. Today, in addition to our San Antonio and Fort Worth facilities we exist in Europe, Middle East and next year we will be in Africa” Alzeer said.

GDC Technics continues its healthy growth on all fronts; during the last 6 months it received its fourth aircraft, a B777-­‐300ER, and today GDC Technics announced winning its third B787 Dreamliner modification contract hence leading the industry in the number of B787 aircraft under modification and ensuring a continuously expanding engineering and production knowledge base on next generation aircraft.

“Winning our third B787 contract is a game changer as it involves developing a new prestigious first class cabin that integrates new cutting edge technologies with maximum luxury found only in VVIP aircraft and is testimony to the success of our strategy of focusing on next generation airplanes enabling us to maintain our lead in the B787 modification market while offering cutting edge innovative technologies to our customers; that explains how we were able to compete against some of the industry leaders and win” Alzeer said.

In March of this year GDC Technics signed a 25-­‐year lease with the City of Fort Worth for the aircraft modifications facility.The company’s new 80,000 m2Alliance Fort Worth (AFW) facility is state of the art in terms of design and capabilities; “with our success in market we have

outgrown our San Antonio facility so in order to accommodate our growing backlog we had to expand our facilities. The new AFW facility ensures that we can execute our operations more efficiently and can support our future growth”.

About GDC Technics - GDC Technics is an aircraft modifications company with very strong capabilities in designing, engineering, manufacturing, installing, testing and certifying structural and systems modifications to narrow and wide body airplanes. GDC Technics also have very extensive engineering capabilities through its subsidiary GDC Engineering in Munich, Germany. The company established a satellite facility in the Middle East and is in the process of establishing its fifth facility in Morocco.

Contact Mohammad Alzeer for GDC Technics malzeer@mazav.com or 210-­‐712-­‐0845 -­‐ See more at: http://www.gdctechnics.com

Two B787-­‐8 Dreamliners Join B777 -­‐300 In Work a tGDC Technics/Alliancein Fort Worth, Texas USA

New 80,000 square meters GDC Technics Facility in Alliance Airport in Fort Worth, Texas USA