Innovative Solutions & Support, Inc. is #56 on Investor's Business Daily 'The IBD 100'

Business Wire, May 3, 2004

Business Editors/High-Tech Writers

EXTON, Pa.--(BUSINESS WIRE)--May 3, 2004

Investor's Business Daily has Innovative Solutions and Support, Inc. (NASDAQ:ISSC) as #56 (with a composite rating of 97 out of a possible 100) in their prestigious "The IBD 100" list published today.

According to Investor's Business Daily (IBD), "The IBD 100" is a ranking of leading companies trading in the United States. Rankings are based on a combination of each company's recent profit growth record. IBD's composite rating includes key measures such as return on equity, sales growth, profit margins and relative price performance in the last 12 months.

A spokesperson for the Company said today "the Company is pleased it has been recognized by the prestigious 'The IBD 100' and is committed to continued success."

Headquartered in Exton, PA. Innovative Solutions & Support, Inc. (www.innovative-ss.com) designs, manufactures and markets flight information computers, electronic displays and advanced monitoring systems that measure and display critical flight information. This includes highly accurate air data computers that are critical for precise aircraft separation under the FAA's mandated RVSM (Reduced Vertical Separation Minimum) Program. RVSM requires aircraft at high altitudes to fly closer to each other than they have in the past. This allows more aircraft to fly in the existing airspace, which increases airline efficiencies. RVSM saves millions of dollars per year through reduced fuel costs and more direct routing. The FAA has estimated over 6000 aircraft will require air data system upgrades to fly in RVSM airspace. RVSM compliance in the continental United States is January 20, 2005. Europe, the North Atlantic, the Caribbean and Asia have already implemented RVSM mandates.