Press Release
EVADA Aircraft SA is Pleased
to Introduce its Prospective Light Sport Aircraft, the EVADA A4
Sousse, Tunisia, June 24, 2016 – EVADA
Aircraft SA is pleased to introduce its prospective Light Sport Aircraft, the
EVADA A4.
Since February 2016, Evada Aircraft SA, a
Tunisian company that is devoted to the manufacture and marketing of light
aircraft, and in partnership with the National aircraft manufacturer AVIONAV,
has started the prototyping of a 4 seats amphibious aircraft, EVADA A4, a high
wing made of carbon fiber. The aircraft is intended to be commercialized, in
the first place, in the American and Canadian markets.
The prototyping phase which is at 50% of completion
(June 2016) will be finalized by the end
of 2016, the prototype will be sent to the United States to perform a series of
ground and flight tests in order to get its US certification.
Two models will be presented for
marketing, by early 2017, the EVADA A2 powered by a 130 hp Rotax 915 engine,
the latest of the Canadian engine manufacturer Bombardier, and EVADA A4
equipped with a 6-cylinder Lycoming O-540 engine delivering 250 hp. Both models
will be equipped with a full avionics with 3 screens of 10 inches, autopilot,
GPS, stall warning and a full parachute for the entire plane. Retractable gears
fitted as standard equipment will allow the aircraft to land on water, on any hard
runway, retractable skis will be offered as an option to enable future EVADA
pilot to land on the snow.
With a range of 2,000 km, a cruising speed
of 240 Km / h and a cabin of an unequalled level of comfort, the aircraft will
be very competitive with regards to its competitors.
Adding to these benefits a very
competitive price, the EVADA Aircraft Company, plans to reach a target of 100
orders within the first year of commercialization.
The company which is affiliated to the
Swiss group MCI AG "Mundus Capital Invest" will benefit from
expertise in terms of communication, relational and financial engineering that
will ensure it a safe and rapid development on the international level on the five
continents.
About MCI AG (Mundus Capital Invest AG) :
Mundus Capital Invest AG is a Swiss holding company that entirely owns M24 Group, the media division
of MCI that is concentrating on the MENA region.
MCI has expanded its business activities beyond Media and focuses on
various viable business fields: Aviation, Automobile and Tourism & Travel.
MCI is keen on further expanding its business activities and planning to
invest and form new companies in the fields of Real Estate, Renewable energy
and Agriculture.
The holding company is considering certain strategic acquisitions and / or
the forming of new Joint Venture companies with well-identified local partners
on the emerging markets.
MCI will soon be listed on the Stock Exchange Euronext Paris.
The Web Page of the Group is: http://www.corporate.m24group.com
SafeHarbor
Except for the historical information contained herein,
this press release contains forward-looking statements that involve risks and
uncertainties. Actual results may differ materially from the results predicted
and reported results should not be considered an indication of future
performance. In addition to the factors discussed in the filings with the
Securities and Exchange Commission, among the other factors that could cause
actual results to differ materially are the following: adverse changes in the
business conditions and the general economy; competitive factors, such as rival
companies' pricing and marketing efforts; availability of third-party material
products at reasonable prices; the financial condition of the customer; risks
of obsolescence due to shifts in market demand; and litigation involving
product liabilities and consumer issues. EVADA Aircraft SA cautions readers not
to place undue reliance upon any such forward looking statements, which speak
only as of the date made. EVADA Aircraft SA expressly disclaims any obligations
or undertaking to release publicly any updates or revisions to any such
statements to reflect any change in the company's expectations or any change in
events, conditions or circumstances on which any such statement is based.
DetailsRelated
to EVADA Aircraft SA
Incorporation
Date: 03/02/2016
LegalForm: S.A. (Equivalent to AG, PLC, Corp or
Inc.)
Nationality: Tunisian
Activity: Manufacturing of Light Sport Aircrafts
Location : 002 rue de corail, Kantaoui, TN-4089 Hamame Sousse, Tunisia
Contact:
Mr. Ferid Kamel
Title: Chief Executive Officer
GSM: + 216 55 770 249 /+216 29 909 574
E-mail :
contact@evada-aircraft.com