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Erickson Secures Turkish Firefighting Contract

PORTLAND, Ore., Aug. 24, 2015 (GLOBE NEWSWIRE) -- Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, is pleased to announce today that it has been selected by Pan Aviation to provide emergency fire suppression support for the Municipality of Istanbul and the surrounding areas of Turkey. The agreement calls for the use of one specialized S-64E Aircrane to assist with regional fire suppression and emergency response operations 365 days a year for two years.

Pan Aviation General Manager, Kerem Magdenli, states, “We are delighted to have Erickson’s specialized Aircrane and crew ready for fire and emergency response for the Istanbul Municipality, which falls under the jurisdiction of the Istanbul Fire Department.” The aircraft will be based at the Ataturk International Airport and can be immediately dispatched for fire and emergency calls anywhere in the greater Istanbul area. The Aircrane will also be available for service in other regions of Turkey upon special request to the Municipality.

This extended contract is the result of a highly successful 10 month trial period, in which Erickson and Pan Aviation worked together to provide customized firefighting and disaster response for the Municipality of Istanbul. “The Municipality was extremely pleased with the aircraft capability, pilot expertise, uptime reliability and multi-role function that Pan and Erickson cooperatively provided during the trial period,” said Andrew Mills, Vice President of Commercial Aviation for Erickson. Erickson’s innovative Aircrane has more than 40 years of premier fire-fighting experience worldwide, and is uniquely equipped with an array of disaster response tools for this type of emergency response operation.

About Erickson

Erickson is a leading global provider of aviation services and operates, maintains and manufactures utility aircraft to safely transport and place people and cargo around the world. The Company is self-reliant, multifaceted and operates in remote locations under challenging conditions specializing in Government Services, Manufacturing and MRO, and Commercial Services (comprised of firefighting, HVAC, power line, construction, timber harvesting, oil and gas and specialty lift). With roots dating back to 1960, Erickson operates a fleet of approximately 80 aircraft, is headquartered in Portland, Oregon, USA, and operates in North America, South America, Europe, the Middle East, Africa, Asia Pacific, and Australia. For more information, please visit our new website at www.ericksonaviation.com.

This press release contains certain statements relating to future results (including, without limitation, “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,” “predict”), which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including our ability to perform successfully on our Turkey based contracts and also including certain other risks or uncertainties more fully described under the heading “Risk Factors” in our most recently filed Annual Report on Form 10-K as well as in the other reports we file with the SEC from time to time, which are available at the SEC’s web site located at http://www.sec.gov. You should not place undue reliance on any forward-looking statements. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.


Contact Zachary Cotner—Investor Relations (503) 505-5804, zcotner@ericksonaviation.com

Source:Erickson, Incorporated