Attached files
Exhibit 99.1
AVWORKS AVIATION CORP. (OTCQB:SPLI) ANNOUNCES MANAGEMENT ADVISORY AGREEMENT WITH
PRECISION AIRCRAFT DISMANTLING.
AvWorks Aviation Corp. signs agreement to manage worldwide operations of
eco-friendly, low-impact aircraft salvage and reclamation.
Sunrise, Fla, Dec. 19, 2011/PRNewswire/- - AvWorks Aviation (OTCQB:SPLI)
(AvWorks), formerly Datamill Media Corp., announces a cooperative Management
Advisory Agreement, in which AvWorks Aviation and Precision Aircraft Dismantling
(Precision) of Jacksonville, Florida, have agreed that AvWorks will manage
Precision's administration, financial, sales and ground operations from AvWorks
Aviation's headquarters in Sunrise, Florida.
Joel Young, President and CEO of AvWorks Aviation, states, "This agreement
builds on the active relationship between us." "Precision operates an aircraft
salvage process like no other, and we believe their process will provide an
enduring revenue stream pursuant to the terms of our Agreement." "AvWorks team
will identify the salvageable assets and will oversee the entire process from
scrapping, to quality control, to inventory and asset liquidation," says Young.
"Thousands of planes are reaching the end of their asset life cycle over the
next five to ten years, and Precision is well-positioned to benefit from this
progression," Young continues, "This Agreement is a testament to our goal of
building business relationships that will provide our customers with value added
services, increase our network of airfield and operator contracts, enhance our
parts inventory and increase our revenues."
Precision Aircraft Dismantling, a private company, performs proprietary,
low-environmental impact aircraft dismantling, providing airfield managers and
aircraft owners with an affordable, eco-friendly alternative to traditional
parts reclamation.
About AvWorks Aviation:
AvWorks Aviation Corp. (SPLI:OTCQB), formerly Datamill Media Corp., and its
wholly owned subsidiary, Young Aviation, operate as a diversified broker and
supplier of parts and services to the worldwide aviation and aerospace markets.
The Company services a broad range of clients such as aircraft leasing
companies, major airlines, repair stations, fixed-base operators, leasing
companies and aftermarket suppliers. For more information please visit the
Company's website www.avworksaviation.com.
FORWARD-LOOKING DISCLAIMER
This summary contains forward-looking statements that address future events and
conditions concerning the company's business plans. Such statements are based on
management's current expectation and are subject to a number of factors and
uncertainties, such as future economic conditions and changes in anticipated
revenues and costs, which may cause actual results to differ materially. The
company expressively disclaims any future obligation or undertaking to update or
revise any forward-looking statements contained herein. Investors and potential
investors should independently investigate and fully understand all risks before
making investment decisions.
For more information contact AvWorks Aviation at:
Phone (954)749-0487
info@avworksaviation.com
website www.avworksaviation.com