Innovative Solutions and Support, Inc. receives $2.4 million Canadian Department of National Defense Order for C-130 Retrofit Flat Panel Display Systems

Business Wire, Oct 21, 2005

EXTON, Pa. -- On October 14th, Innovative Solutions & Support, Inc. (NASDAQ:ISSC) announced that the Canadian Department of National Defense (CDND) placed an initial $2.4 million order with the Company in September for Flat Panel Display Systems for their fleet of C-130 airplanes. Options worth an additional $1.0 million are expected to be exercised in the current quarter. The program utilizes the Company's patented FAA certified Flat Panel products.

This Engine Instrument Display System upgrade replaces more than 40 electromechanical instruments providing an improved user interface and significant logistics savings. The CDND awarded this program to IS&S after successful ground and flight testing. Deliveries to the Canadian Forces began in FY2005.

The C-130 cargo aircraft is manufactured by Lockheed Martin, the Original Equipment Manufacturer (OEM). Over 1,500 C-130 aircraft continue in operation by more than 60 nations throughout the world.

Headquartered in Exton, PA. Innovative Solutions & Support, Inc. (www.innovative-ss.com) designs, manufactures and markets flight information computers, flat-panel displays and advanced monitoring systems that measure and display critical flight information. This includes data relative to aircraft separation, airspeed and altitude as well as engine and fuel data measurements.

Certain matters discussed in this news release, including operating and financial results for future periods, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially, either better or worse, from those discussed including other risks and uncertainties reflected in the Company's prospectus and Form 10-K annual report on file with the SEC.