PASS CHRISTIAN, MS (March 4, 2004) -- Hunt Aviation Corp. announced today that two important new agreements were signed this week relating to composite materials development, which is leading the company's effort to build the gravityplane -- a revolutionary new airplane concept that doesn't need fuel to fly.  The company has developed a proprietary new composite material known as the "Matix". The material begins in a flexible form that conforms to any shape, such as the curved shapes of molds used to build the hull of a boat or an airplane fuselage.  The material then hardens into an extremely lightweight composite material that has a very good strength-to-weight ratio.

            Hunt Aviation and the Alom Group of Malaysia signed a manufacturing agreement to begin production of the Matrix material for worldwide distribution earlier this week.  The details of the agreement were not disclosed, except that Hunt Aviation has reserved the exclusive distribution rights for Canada, the United States, and Mexico.

            Hunt Aviation also entered into an executive consulting services contract with Dr. John W. Flock and Dr. Leslie J. Goff for concept evaluation, design for manufacturing, business modeling, grant application preparation, and development of financial models for the various technologies under development by Hunt Aviation, such as new wind turbine and hydro-turbine technology, high pressure gas turbine technology, new composite materials technology, and the gravityplane.

            "Both of the agreements that I signed this week are a great step forward for our company", Gene Cox, the President of Hunt Aviation stated. "The expertise that Dr.'s Flock and Goff bring to our firm dramatically strengthens our product development capabilities; and, the manufacturing partnership with the Alom Group moves Hunt Aviation close to near term positive cash flow." 

            Both Dr. Flock and Dr. Goff have extensive experience in the field of new product development as they are both former executives within research and development units of the General Electric Corp. Dr. Flock has over twenty-five years of commercial experience in developing and implementing new technology for industries ranging from plastics manufacturing to aerospace to consumer appliances.

            Dr. Flock joined General Electric at its Corporate Research and Development Center in Schenectady, NY after he received an MS and Ph.D. in Chemical Engineering from the University of California, Berkeley. During his career with GE, he helped develop the GE Aircraft Engine, GE Medical Systems, new technology for GE's lighting business, processes for GE's Plastics business, and the first process to make Lexan's premiere low molecular weight optical grade polycarbonate resin.  Dr. Flock became General Manager of the Mt. Vernon Technology Department in October of 1989 and held that position until he recently retired on the Mississippi Gulf Coast after being involved with the installation of the GE Plastics facility in South MS.

            Dr. Goff was an assistant to Dr. Flock at GE.  Dr. Goff, currently, holds the position of Professor in the Polymer Sciences Department of The University of Southern Mississippi, which has one of the highest rated polymer sciences programs in United States.

            The Alom Group is an award winning tension frame structure contractor that built the Formula One Racing Circuit at Sepang, Malaysia, which is one of the largest tensile membrane structures in the world. The conglomerate is involved with laser development, metal building manufacture and construction, and many other industries, including the construction of airships, having acquired the assets of the defunct German airship company Cargo Lifter in order to move the equipment to Malaysia to construct a new class of hybrid airships for surveillance purposes.

            Hunt Aviation's fuel-less flight website has become one of the most popular aerospace sites on the Internet with over a half-million hits per day from thousands of visitors spurred by a succession of recent national magazine articles about the gravityplane that uses buoyancy like a balloon to gain altitude then changes to heavier-than-air to fly like a glider as it produces power from onboard wind turbines.

For more information about the Alom Group see their website:


Gene Cox, President

Hunt Aviation, Corp.