Lockheed Martin Awards Contract to Parvus Corp. for F-22 Aircraft Electronics Power Management Module; Subsystem to Satisfy Power Management Needs for F-22'S Evolving Mission Profile

Business Wire, March 15, 2006

SALT LAKE CITY -- Parvus Corp. today announced it has been awarded a contract by Lockheed Martin Aeronautics (Fort Worth, Texas) to develop and produce a new electronics power management module for the F/A-22 Raptor aircraft as part of its Communications, Navigation and Identification (CNI) system.

"With this new award from Lockheed, Parvus continues to build on prior successes serving the F-22 program and other defense initiatives," said Parvus Vice President of Sales and Marketing Clark Roundy. "The initial $1.4 million contract calls for Parvus to deliver prototype units later this year. Once prototyping and initial production units are in operation, we anticipate significant follow-on production to support the entire fleet of existing and future F/A-22 Raptor aircraft."

Lockheed looked to Parvus for the solution because its agile engineering model facilitates the rapid design and testing of the power management module. Once completed, this subsystem will deliver redundant, fail-safe power in all situations to critical encryption/decryption equipment, and promises to save hundreds of man hours per month in maintenance time, while dramatically increasing mission readiness.

For more than two decades, Parvus has been providing wireless networking technology, vehicle monitoring and control, display and imaging systems, data recording equipment, rugged color displays, and power conditioning systems to military and industrial OEMs. In addition to multiple electronics subsystems onboard the F-22, Parvus has produced board-level and system-level solutions for the F-15, F-14, EA-6B, E4-B, T-38, QF-4, B1-B, 727 and many other airframes.

About Parvus

Parvus Corp. is a leading provider of rugged hardware platforms to the military, transportation, homeland security and medical device industries. We specialize in ruggedized mobile networking solutions, displays and embedded computer technologies for demanding real world applications. Parvus was founded in 1983 and is the U.S. arm of the Eurotech Group, a world leader in pervasive computing with operations across Europe, North America and Asia.

About Lockheed Martin Aeronautics

Lockheed Martin Aeronautics Co., a business area of Lockheed Martin, is a leader in the design, research and development, systems integration, production and support of advanced military aircraft and related technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117, C-5, C-130, C-130J, P-3, S-3 and U-2. The company produces major components for the F-2 fighter, and is a co-developer of the C-27J tactical transport and T-50 advanced jet trainer.

For more information contact Parvus Corp., 3222 S. Washington St., Salt Lake City, UT 84115; 801-483-1533; sales@parvus.com; www.parvus.com.