Groen Brothers Aviation
(OTCBB: GNBA)
Groen Brothers Aviation

Groen Brothers Aviation's American Autogyro Announces SparrowHawk III Quick Build Gyroplane

Groen Brothers Aviation, Inc. ("GBA") (OTCBB: GNBA) announced today that their American Autogyro Division is introducing the latest version of its SparrowHawk series of kit-built gyroplanes, the SparrowHawk III Quick Build. "Compared to our earlier versions, the new SparrowHawk III will significantly reduce the time and effort involved in building this fine aircraft," said GBA CEO David Groen. "More importantly, several critical areas of assembly, where mistakes by the builder could lead to compromising the safety of the aircraft, are now completed here at the factory." The SparrowHawk reflects GBA's more than two decades of gyroplane design and development experience.



"More than 100 SparrowHawks have been sold through American Autogyro's national and international dealer network. "For many of our customers, it had been their first attempt at building an aircraft," said SparrowHawk Program Manager Devon Hansen. "We wanted to reduce the build time and yet increase the enjoyment and sense of accomplishment throughout the build process. To achieve our goal, we concentrated on minimizing tasks and assemblies in critical areas such as the mast and keel assemblies, and flight controls. We also focused on areas that demanded large investments of time for the builder such as wheels, landing gear, and the composite cabin and tail assemblies."

The aircraft's electrical wiring system is an example which fits both criteria. A marked electrical wiring harness replaces rolls of wire which required cutting to correct lengths, identifying and bundling. Mast, keel and landing gear assemblies consisting of hundreds of parts are now provided in sub assemblies which can easily be combined together in a few hours. The cabin and tail, which once required a large investment of time in cutting, fit and assembly, now come complete and ready for prep and painting. Our customers have always shared with us the pride they feel in flying such a wonderful aircraft that they have built. The SparrowHawk III makes the build process a more enjoyable and satisfying part of the whole experience.

The SparrowHawk III Gyroplane is an Amateur-Built (also known as home-built or kit-built) aircraft, built by individuals and licensed by the Federal Aviation Administration (FAA) as "Experimental." The Experimental designation has been in existence for more than five decades. It defines aircraft that are used for non-commercial, recreational purposes such as education or personal use. Currently, more than 23,000 amateur-built/home-built aircraft are licensed by the FAA. While some of these are truly "home-built" by individuals, others, such as the SparrowHawk, are built from proven, carefully engineered kits with an established safety record. For more information on the award-winning SparrowHawk Gyroplane, visit American Autogyro's website at www.americanautogyro.com.

About Groen Brothers Aviation, Inc.

Groen Brothers Aviation, Inc. has been developing gyroplane technology since 1986 and is recognized as the world's leading authority on autorotative flight. Powered by a Rolls-Royce gas turbine engine, GBA developed the world's first commercially viable modern gyroplane -- the first "autogiro" to utilize a jet engine -- the Hawk 4 Gyroplane. The Hawk 4 was used extensively for security aerial patrol missions during the 2002 Winter Olympics in Salt Lake City.

GBA announced in October 2005 that DARPA, an arm of the United States Department of Defense, awarded a contract to a GBA-led team to design a proof of concept high speed, long range, vertical takeoff and landing (VTOL) aircraft designed for use in Combat Search and Rescue roles. This modern rotorcraft, named by DARPA as the "Heliplane," is designed to exploit GBA's gyrodyne technology; offering the VTOL capability of a helicopter, the fast forward flight of an airplane, and the safety, simplicity and reliability of a GBA gyroplane. The first $10.4 million phase of the contract includes preliminary design development and key technology demonstrations. The contract has the potential to become a $54 million, multi-phase program for the GBA-led team. The Heliplane could be the next-generation rotor wing aircraft, meeting economy and performance goals not considered achievable by any other type of VTOL aircraft.

In December 2006, GBA announced the signing of a Memorandum of Understanding with the government of Aragón, Spain to complete FAA certification, production, marketing, and delivery of GBA's Hawk 5 Gyroplane, based on the Hawk 4 prototype. Discussions are ongoing with the central government of Spain through its industrial development agency, CDTI, and a major Spanish aerospace manufacturer, with the potential of a joint venture (JV) to be set up in the first half of 2008.

Through its American Autogyro division, GBA has developed and is selling a smaller kit gyroplane, the two seat "SparrowHawk III." GBA is offering this aircraft as a safe, extremely economical Airborne Patrol Vehicle (APV) for law enforcement and other government applications. Groen Brothers is also developing a production two-seat gyroplane for both the "Airborne Law Enforcement" and "Light Sport Aircraft" (LSA) markets. The Company continues to develop an international and nationwide dealership network for the sale of these products.

Further information about the Company, its products, and individual members of the GBA Team is available on the Company's web site at: www.groenbros.com.

Safe Harbor Statement/Forward-Looking Information Disclaimer

Certain statements in this news release by Groen Brothers Aviation are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking information is subject to risk and uncertainty. Certain statements in this Press Release may contain forward-looking information that involves risk and uncertainty, including but not limited to, the Company's ability to fund ongoing operations and to complete its obligations under the government contract and its other ongoing commitments. Future results and trends depend on a variety of factors, including the Company's successful execution of internal performance plans and agreements; product development and performance; risks associated with regulatory certifications of the Company's commercial aircraft by U.S. and foreign governments; government bid and funding availability uncertainty; other regulatory uncertainties; performance issues with key suppliers and subcontractors; governmental export and import policies; and the ability to adequately finance operations including meeting its debt obligations, fund manufacturing and delivery of products.

FOR FURTHER INFORMATION:
Hank Parry
Media
Al Waddill
Investor Information
Groen Brothers Aviation, Inc.
801/973-0177


Source: Marketwire (January 22, 2008 - 7:00 AM EST)


Groen Brothers Aviation Selected as One of Utah's Top High Tech Companies

Groen Brothers Aviation, Inc. (OTCBB: GNBA), based in Salt Lake City, Utah, announced today that Utah Business Magazine has selected Groen Brothers Aviation (GBA) for inclusion in their 2007 High Tech 20 list. "Utah has much to be proud of regarding the quality and magnitude of its high technology industry," said GBA Chairman, President & CEO David Groen. "We are honored to be included in such a prestigious group." Demonstrating the wide variation in Utah's growing high-tech sector, an example of others chosen for the High Tech 20 list were: ATK Launch Systems Group, rocket motor manufacturers; GoEngineer, design software leader; and WorldHeart Corporation, manufacturer of the life-prolonging Levacor Ventricular Assist Device (VAD). << MORE >>

Flight International Highlights Heliplane Progress

As previously noted, GBA is under contract with US Defense Advanced Research Projects Agency (DARPA) to design a proof of concept high speed, long range, vertical takeoff and landing (VTOL) aircraft, named by DARPA as the "Heliplane." In a recent article headlined "Heliplane Design Gathers Speed" from the weekly aerospace news magazine Flight International, GBA/DARPA Heliplane Project Manager Don Woodbury has reported on the progress thus far. "We did not realize how much of a challenge 400mph was, but we have a design that converges, and we have got some margin," said Woodbury. << MORE >>

Groen Brothers Aviation Vice President of Flight Operations Receives Designated Pilot Examiner of the Year Award

Groen Brothers Aviation, Inc. (OTCBB: GNBA), based in Salt Lake City, Utah, announced today that the Arizona Aviation Safety Advisory Group (ASAG) has chosen Terry Brandt, GBA Vice President of Flight Operations and Chief Pilot, as their 2006-2007 Designated Pilot Examiner of the Year. "Terry is an invaluable asset," said David Groen, GBA Chairman, President & CEO. "His extraordinary skill as a leader and flight instructor have contributed much to the success of our Flight Operations. We are very proud to have his talents recognized with this award." << MORE >>

Groen Brothers Aviation and the Government of Aragon, Spain Sign Memorandum of Understanding to Form Joint Venture

Groen Brothers Aviation, Inc. (OTCBB: GNBA), based in Salt Lake City, Utah, announced today that the government of Aragon, Spain has signed a Memorandum of Understanding with Groen Brothers Aviation (GBA) to form a joint venture (JV) to complete FAA certification, production, marketing, and delivery of GBA's Hawk 5 Gyroplane, a five place turboprop vertical takeoff and landing aircraft based upon GBA's original Hawk 4 design. The intent of the parties is that the JV will acquire from GBA for an as yet undisclosed sum, the Hawk 5 program including its derivative gyroplane aircraft designs and technologies, fund GBA to complete FAA certification of the Hawk 5 Gyroplane in the United States, commence setting up new as well as re-establishing existing Hawk Gyroplane dealerships throughout the world, while taking advance orders, and build and operate a factory in Aragon, Spain for worldwide deliveries. << MORE >>

Groen Brothers Aviation Elects David Groen as Chairman of the Board

Groen Brothers Aviation, Inc. (OTCBB: GNBA) announced today the election of its President & CEO, David Groen, to the position of Chairman of the Board of Directors of Groen Brothers Aviation, Inc. David's brother Jay Groen had served with distinction as Chairman until his recent passing on October 9th. "We deeply regret the loss of Jay Groen. In many ways, he is irreplaceable. GBA's Board of Directors has complete confidence, however, in David's ability to continue to lead us in this important endeavor," said GBA board member Robin H.H. Wilson, Executive Vice President and Head of Business Development. << MORE >>

GNBA Announces the Passing of Chairman Jay Groen

Groen Brothers Aviation, Inc. (OTCBB: GNBA) announced today the passing of Chairman Jay Groen on Monday morning, October 9, at his home in Washington, DC. Jay had been battling cancer for almost two years, a challenge he faced with his characteristic directness, determination, and humor. Jay and his brother David, President & CEO, co-founded GBA in 1986 to develop modern autorotative aircraft. Jay Groen was deeply committed to the company's success and was instrumental in initiating important contacts in governmental and aerospace industry sectors. GBA was recently awarded a major research contract by the US Department of Defense to advance their rotor-wing technology. "Jay's passing leaves a void within us all, but at the same time furthers our resolve to succeed in this endeavor to celebrate his dedication, devotion and persistence," said David Groen. << MORE >>

Groen Brothers Aviation's American Autogyro Signs Sparrowhawk Dealer in Philippines

Groen Brothers Aviation, Inc. (GBA) (OTCBB: GNBA) announced today that its American Autogyro division is further expanding its sales network by licensing a dealership in the Philippines. The dealership, Gyroplane Rotorcraft, Inc., is owned and operated by Michael Cowan, a law enforcement specialist with experience in military relations and counter-terrorism. This is American Autogyro's seventh international dealership location.<< MORE >>

"GNBA" Achieves Third Milestone

Groen Brothers Aviation Team Successfully Achieves Third Milestone of Its DARPA Contract to Design Next Generation High Speed Rotorcraft Market Wire - August 17, 2006 3:19 PM ET Groen Brothers Aviation, Inc. (GBA) (OTCBB: GNBA) announced today that the U.S. Defense Advanced Research Projects Agency (DARPA) has passed GBA's submission for the third Milestone of its contract to design a proof of concept high speed, long range, vertical takeoff and landing (VTOL) aircraft. Phase One, of what is potentially a multi-year $40 million four phase program, began with a fifteen month $6.4 million award to perform trade studies, develop appropriate risk mitigation, perform extensive advanced computer modeling of the entire vehicle, develop the preliminary design for the Heliplane and complete the rotor system design.<< MORE >>

Governance

After a profile is issued for a company that we begin covering, we like to follow up the profile with a look at management. << MORE >>