PREMIUM AIRCRAFT MEETS INVENTORY GOALS USING VALOGIX® PARTS PLANNER

Saratoga Springs, NY - October 4, 2004 - Valogix, a leading provider of advanced inventory planning solutions to Small & Midsized Businesses, announced today that Premium Aircraft Parts has been able to meet their goals in just eight months through the use of VALOGIX® Parts Planner. Premium Aircraft Parts, in Houston Texas, provides high quality new, overhauled, and surplus parts for TCM and Lycoming engines as well as consumable items for most all General Aviation Aircraft.

When Bill DeArman, President of Premium, and his team selected Valogix in January of 2004, he stated three main goals in implementing the Valogix solution. "First, we are expecting to improve our productivity by spending less time deciding what inventory we need to replenish. Second, we want to increase our cash flow by improving our mix of items on the shelf that sell more often. This means we can satisfy more customers the first time they call to place an order. Third, we want to minimize our investment in excess and slow moving items."

"Valogix provided immediate visibility into our inventory and identified items that were not productive for us," said Chris Baker, Premium's Managing Director of Sales & Marketing. In eight months, we have been able to reduce our on hand inventory by thousands of dollars by identifying and reducing slow moving and inactive items. We recouped our inventory investment in these items by selling them through a new sales program using the internet." Chris estimates the VALOGIX Parts Planning software has already paid for itself more than five times since deployment.

"Global challenges are causing competitive pressures for companies of all sizes" said Richard Vaccaro, President and CEO of Valogix. "Premium's success shows that our solutions in conjunction with people and processes can help businesses take advantage of our powerful advanced planning capabilities. We are very excited to have Premium Aircraft as a customer and business partner. We congratulate them and wish them continued success."

About Premium Aircraft Parts, LLC
Premium Aircraft Parts is located in Houston, TX and has their main warehouse and shipping facility in Fort Smith Arkansas. Premium carries inventory from some of the largest aircraft part manufacturers like Teledyne Continental, Textron Lycoming, Engine Components Inc., Superior Air Parts, Air Support International, Skytronics, Kelly Aerospace, Precision Airmotive, Goodyear, Michelin, and Concorde Batteries. Designed to be a low cost, high quality service oriented company, Premium Aircraft Parts is your one stop shop for service and value.

Premium Aircraft Parts, LLC
Tel: 1-800-932-2192
Fax: 1-479-649-0649
http://www.premiumaircraftparts.com/

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