GENEVA, May 19, 2015 – EBACE

Mr. Mohammad Alzeer, General Partner GDC Technics, announced today the achievement of a significant milestone in the evolution of GDC Technics USA, having invested USD 20 million over the last two years in infrastructure enhancements, streamlining of processes, implementation of Oracle, Catia and Enovia coupled with companywide regulatory, technical and soft skills training. Since the acquisition of GDC two years ago, four wide body and one narrow body aircraft have been successfully redelivered, and with the successful conclusion of its aggressive turnaround program, GDC is now positioned embark on the next phase of its global network expansion.

GDC Technics is hereby pleased to announce the creation of GDC Technics, Africa, which will be based in Morocco. GDC Africa will provide modification and MRO services to aircraft owners and operators based primarily in Europe, the Middle East and Asia. To achieve this pivotal growth of GDC in Morocco, the Company has appointed Shabbir Pirmohamed as CEO of GDC Technics, Africa. Having spearheaded the turnaround at GDC Technics, USA, Shabbir is well placed to lead the set up and operation of the facility in Morocco, and to make it a center of excellence within the region.

The Company is also pleased to announce the appointment of Kevin Casey as CEO, GDC Technics USA. Mr. Casey has a tremendous background globally in aircraft modification and MRO which he will draw upon in leading the expansion of GDC’s US operations into its state of the art 80,000 m2 (850,000 ft2) Alliance Fort Worth facility, as well as the development of technology based solutions through the seamless collaboration of GDC-Technics, GDC-Engineering (Munich) and their network of industry partners.

About GDC Technics - GDC Technics is a world class aircraft modification and technology company with extensive capabilities in design, engineering, manufacturing, installation, testing and certification of structural and system modifications for narrow and wide body aircraft. GDC Technics has 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 or 210-712-0845