SoloTrek XFV To Be Displayed At Hiller Aviation Museum's "Vertical Challenge" Event; Record Attendance Expected; DARPA-Sponsored Aircraft To Be Seen By Public For First Time

Business Wire, June 12, 2001

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--June 12, 2001

Millennium Jet, Inc., a Silicon Valley aerospace startup company, today announced it will be exhibiting its paradigm-shifting product, SoloTrek(TM) XFV(TM), at Hiller Aviation Museum's annual "Vertical Challenge" event in San Carlos, California. This one-day exhibit and air show, Saturday, June 23, will focus on past and present VTOL (vertical take-off and landing) aircraft and is expected to draw thousands of attendees. A wide array of aircraft will be displayed including the most leading-edge concepts, like SoloTrek.

"We are absolutely thrilled to have SoloTrek be part of `Vertical Challenge,'" said Willie Turner, marketing and public relations director, Hiller Aviation Institute. "This innovative product represents the ultimate concept in American ingenuity. Because this is the first time ever SoloTrek has been displayed to the public, we believe that Hiller Aviation Museum's `Vertical Challenge' event could set record attendance figures."

"SoloTrek has received an incredible amount of worldwide press over the last twelve months, but because it is a DARPA (Defense Advanced Research Projects Agency) sponsored program, there has never been an appropriate venue at which to publicly display the aircraft - until now," said Michael Moshier, Millennium Jet's chief executive officer. "We believe that exhibiting SoloTrek at the `Vertical Challenge' event provides a great opportunity for the public to see how their tax dollars are being spent."

SoloTrek is an open-air VTOL aircraft that will transport a person in an upright and standing position for up to two hours. Using readily available fuel, it is predicted to attain speeds in excess of 70 miles per hour and is designed to operate easily in and out of extremely confined areas.

About Millennium Jet, Inc.

Millennium Jet is a privately held company that designs, develops and manufactures small manned and unmanned VTOL aircraft. The company is seeking industry sponsorship and additional funding from accredited and strategic investors. It is also beginning discussions with potential joint-venture partners for manufacturing and future development. To learn more about its flagship product SoloTrek XFV, related products, business development opportunities and shareholder information, please visit the website at www.solotrek.com which provides over 100 pages of text, photos and illustrations. The Executive Summary portion of the company's business plan is also available to interested parties on the website's `Shareholder' page.

About Hiller Aviation Institute

Covering both the past and future of aviation, the Hiller Aviation Institute and Museum is located at the San Carlos Airport, immediately adjacent to Highway 101 in the San Francisco Bay Area. The museum is a non-profit 501c3 institution of aviation education and research as well as a presentation of the unique role Northern California has played in aviation history. The Hiller Aviation Institute and Museum has a goal of accelerating air transport development, in both the short term and into the next 100 years.

Media professionals can download both low and high-resolution photos and renderings in the Press Room at www.solotrek.com.

Note to Editors: "SoloTrek" and "XFV" are trademarks of Millennium Jet Inc.

Note: A Photo is available at URL:

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