DeCrane Aircraft Appoints New Vice President of Market Development

Business Wire, Sept 26, 2000

Business Editors

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Sept. 26, 2000

DeCrane Aircraft Tuesday announced the appointment of Steve Tepper as vice president of market development in the Cabin Management Group.

Tepper will be responsible for the marketing of the group's products and services to both the fractional ownership segment and the retrofit segment of the market.

As vice president, Tepper will maintain sales contact with fractional ownership companies to promote DeCrane products for completion of green aircraft destined for the fractional fleets. Tepper will also coordinate sales activity between the DeCrane Cabin Management companies and the aircraft OEMs on matters involving fractionals as well as coordinate retrofit opportunities for the company's products and services.

"DeCrane Aircraft's cabin in a box concept has strong application in the fractional ownership and retrofit segments of the industry, and Steve will pull the group-wide product and marketing package together for these areas," said Chuck Becker, president of the Cabin Management Group.

A graduate of the Fordham University School of Law, Tepper has recently been involved in the fractional jet ownership industry as counsel and consultant to owners of fractional shares and to jet charter operators and companies desiring to become preferred vendors to the fractional program operators. Tepper's experience also includes acting as liaison and counsel to commercial carriers and equipment manufacturers on NTSB and FAA matters.

DeCrane Aircraft Holdings Inc. is a subsidiary of DLJ Merchant Banking Partners II, L.P. DLJ Merchant Banking Partners II, L.P. is a $3 billion fund dedicated to private equity and equity-related investments.

Note: Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the company operates in an industry sector where securities values may be volatile and may be influenced by regulatory and other factors beyond the company's control. Important factors that the company believes might cause such differences are discussed in the cautionary statements accompanying the forward-looking statements in the company's reports filed with the Securities and Exchange Commission. In assessing forward-looking statements contained herein, readers are urged to read carefully all cautionary statements contained in those filings with the Securities and Exchange Commission.