Icelandair to be launch customer for Zonal Drying TM System for the B757 aircraft

TM Icelandair to be launch customer for Zonal Drying System for the B757 aircraft. Icelandair and CTT Systems have signed a Letter of Intent, LOI, to develop TM CTT´s Zonal Drying System for the Boeing B757 aircraft. The LOI includes an In-Service evaluation in one (1) B757 aircraft. After completed evaluation, Icelandair will have an option to install the Zonal TM Drying System in their remaining fleet of nine (9) B757 aircraft. Installation of the trial system is planned for March 2001. -"Todays Letter of Intent extends our portfolio of available aircraft systems. Icelandair have long experience operating the Boeing B757 aircraft will be an excellent partner in the development of our system. Icelandair have had the issue of condensation on the agenda for a long time and we are happy to be able to eliminate it once and for all", comments CTT Systems AB President Mr. Torbjörn Johansson the order. TM The CTT Zonal Drying System is designed to combat problems related to water condensation in the thermal and acoustic insulation of modern passenger aircraft. Airlines encountering "rain-in-the-plane" syndrome and other difficulties related to moisture accumulation in their TM insulation blankets can use the Zonal Drying System to mitigate these problems, reduce maintenance costs by increasing the service life of the insulation and realize significant fuel savings by eliminating the non-revenue weight of the accumulated water condensate. By keeping dry the area between the interior trim panels and the aircraft skin, the Zonal TM Drying System also reduces corrosion and the risk of failure of electronic systems and wiring. TM With the Zonal Comfort System, which is based upon the evaporative cooling technique, CTT System is now able to provide the industry with a complete moisture management system. The system is offering an increased humidity for passengers and crew, in particular on long haul flights, at TM the same time as condensation is prevented with the Zonal Drying System. To date, CTT have the following customers for the: TM Zonal Drying system: - Martinair for B767-300 and MD11 - Jet Aviation for Executive aircraft's B767-200, B757-200 and Boeing Business Jet - KLM Royal Dutch Airlines for MD11 and B767 - Austrian Airlines for MD80 - LTU for Airbus A330 - Raytheon Systems Company regarding NASA/DLR SOFIA-project (Stratospheric Observatory For Infrared Astronomy) - Swissair for MD11 - Leading European operator for Canadair Regional Jet - CRJ (undisclosed operator) - Sterling European Airlines for Boeing B737-800 (Next Generation) - Hapag-Lloyd for Boeing B737-800 (Next Generation) TM Zonal Comfort System: - SAS for Boeing B767 - Lufthansa Technik for the Boieng Business Jet - CTT Systems AB is located in Nyköping, Sweden and listed on the OM Stockholm Exchange AB O-list in Stockholm. For further information please contact: Torbjörn Johansson President CTT Systems AB Phone:+46-155-284410 Fax:+46-155-290884 E-mail:torbjorn.johansson@ctt.se Gunnar Nilsson Director Sales & Marketing CTT Systems AB +46-155-284410 +46-155-290884 gunnar.nilsson@ctt.se Web site: www.ctt.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/22/20001222BIT01360/bit0001.doc http://www.bit.se/bitonline/2000/12/22/20001222BIT01360/bit0002.pdf