AVTECH enters into an agreement with airberlin on the Aventus NowCast Full Flight solution

AVTECH Sweden AB (publ) ("AVTECH", "the Company") today announces that the Company has entered into an agreement with Air Berlin PLC & Co. Luftverkehrs KG (“airberlin”) related to the implementation of AVTECH’s Aventus NowCast Full Flight solution (“Aventus”), for airberlin’s operations into and between Berlin (Germany), Zurich (Switzerland), Antalya (Turkey) and Palma (Spain). The agreement is planned to run for two months, during which a joint analysis will be executed within airberlin’s operations between and at these four airports, in turn forming the basis for subsequent negotiations on potential long term delivery of the service to airberlin’s network, involving approximately 140 airports throughout the world.

The Aventus Full Flight service will provide Air Berlin with highly accurate and up to date wind information tailored to each flights own trajectory. Information received from Aventus will allow the aircrafts flight computers to receive and utilize more exact information leading to better on board predictions which in turn will provide fuel savings to the airline. Aventus will also provide other benefits such as more accurate time predictions and crew workload reduction.

The agreement has an insignificant direct contract value being an evaluation contract.

“Having airberlin as the Company’s first Full Flight Aventus customer represents an important milestone within the Aventus service line and the Company as a whole. Besides the important step to implement a solution that covers the full flight envelope of customer flights we are excited to work with such a renowned airline as airberlin, who is also a pioneer in the area of eco-efficient flying”, says Ryan Ellison, Senior Vice President Aventus NowCast.

For more information, please contact

Jonas Saric, Business Unit Director Aventus NowCast, +46 (0) 8 544 104 80

Ryan Ellison, SVP Aventus NowCast, +46 (0) 8 544 104 80

About Aventus NowCast

The Aventus NowCast™ system is a unique and patented system that enables accurate wind information and/or 4-Dimensional Trajectories for flights, making use of the very best in atmospheric modeling combined with weather information (AMDAR and/or TAMDAR) to create high resolution wind models and wind data packages for the different segments of a flight; a so called NowCast. Data packages are uplinked to aircraft to enable the onboard Flight Management Systems (FMS) to accurately calculate an optimized flight profile and the actual time when each waypoint of a flight will be reached. The immediate benefits of Aventus NowCast are airline fuel and CO2 savings, i.e. the solution is highly environmentally friendly. Aventus is also imperative for aviation wide Time-based operations, which is an area where the solution provides even larger overall financial and environmental benefits through the provision of increased efficiency and punctuality of individual flights and of the air transport system as a whole.

About AVTECH Sweden AB (publ)

AVTECH develops products and services for digital Air Traffic Management (ATM). Its customers include the global aviation industry; e.g. airlines, airports, aviation authorities, technology companies and airline manufacturers. By using AVTECH’s products and services, each individual flight as well as the entire airline operation can be optimized in terms of cost, noise and emission, efficiency, punctuality and safety. The head office is in Stockholm, Sweden with subsidiaries in Toulouse, France and an associated company in Dubai, U.A.E. AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Redeye AB, tel: +46 8 545 013 30, as Certified Adviser.

About airberlin

airberlin is one of the leading airlines in Europe and flies to 138 destinations worldwide each year. The second largest airline in Germany carried more than 31.7 million passengers in 2014. airberlin offers a global route network through its strategic partnership with Etihad Airways, which has a 29.21% share in airberlin, and through membership of the oneworld® airline alliance. topbonus, the frequent flyer program of airberlin is one of the leading programs in Europe with more than 3.8 million members. The airline with the award-winning service operates codeshare flights worldwide with 21 airlines. The fleet is among the most modern and eco-efficient in Europe. Together with other airlines, airberlin belongs to Etihad Airways Partners, a new brand with which Etihad has been uniting shared activities since the end of 2014.

About Us

About AVTECH Sweden AB (publ):AVTECH develops products and services for digital Air Traffic Management (ATM). Its customers include the global aviation industry; e.g. airlines, airports, aviation authorities, technology companies and airline manufacturers. By using AVTECH’s products and services, each individual flight as well as the entire airline operation can be optimized in terms of cost, noise and emission, efficiency, punctuality and safety. AVTECH Sweden AB is listed on NASDAQ OMX First North and has appointed Redeye AB, tel: +46 8 545 013 30, as Certified Adviser. Web: www.avtech.se

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