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Erickson Renews Timber Harvesting Contract in Western Canada

PORTLAND, Ore., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Erickson Incorporated (NASDAQ:EAC), a leading global provider of aviation services, has renewed a contract with Canadian aerial heavy lift company Helifor Canada (“Helifor”), a subsidiary of Columbia Helicopters, to continue providing aerial timber harvesting services in British Columbia and western Canada.

The contract is the fifth renewal with Helifor and provides for year-round services with one Erickson S64 Aircrane until December 31, 2016. This renewal has an increased scope of work with the customer option to add an additional Aircrane. Erickson will also provide pilots, full field maintenance support crews, parts, and components.

“Erickson has operated in Canada for more than 30 years,” said Andy Mills, Erickson’s Vice President of Commercial Aviation Services. “Aerial timber harvesting is where we began as a company, and we are pleased to continue that tradition with Helifor.”

Canada is Erickson’s longest-standing international market. The company also has a proven track record of providing aerial timber harvesting services in environmentally sensitive areas throughout the world.

About Helifor Canada

Helifor Canada is an industry leader in providing on time, reliable, and safe heavy lift solutions. A subsidiary of Columbia Helicopters that’s been in business for over 35 years, Helifor is the only Canadian operator licensed to use the highly specialized Vertol 107 and Chinook 234. Helifor has built a reputation for innovation and dependability in the industry as a result of stable management, deeply experienced flight and maintenance crews, long term relationships, and repeat customers. For more information, please visit www.helifor.com.

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 Global Defense and Security, 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.ericksoninc.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 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 Bobby Lambrix - Media requests (503) 505-5885, blambrix@ericksoninc.com Zachary Cotner - Investor Relations (503) 505-5804, zcotner@ericksoninc.com

Source:Erickson, Incorporated