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Members of HAI & NBAA
PRESS RELEASE

Date: 10.29.2012

SkyBOOKS Introduces Portfolio Risk Manager !

ORLANDO, FLA | Oct. 29, 2012 - SkyBOOKS, Inc., a Textron Inc. (NYSE: TXT) company, and affiliate of Bell Helicopter, announced at the National Business Aviation Association (NBAA) annual meeting and convention the launch of its new finance risk mitigation tool, the Portfolio Risk Manager.

The Portfolio Risk Manager allows finance and leasing companies to proactively mitigate and manage portfolio risk while working options are still available. The web-based program compares loan to adjusted market values based on actual aircraft condition changes. The program allows approved parties to access the online portfolio to review the current account status or risk factors. Based on a customerís approved Aircraft Status Report, key indicators will illustrate adjusted market value as compared to published blue book data, current market trends by aircraft model and loan to market value percentage.

Using data derived from the following data inputs, the program will create Quarterly Valuation Metric icons:
  • Current Loan Balance
  • Market value adjusted for conditional maintenance liability or compliance
  • Quarterly Market change Trend data
  • Historical Document compliance and retention
Risk managers have access to the latest conditional value analysis and maintenance status of each aircraft in a on-line, user friendly format.

"The SkyBOOKS Portfolio Risk Manager is a secure, digital document vault that maintains a copy of all original maintenance logs and component documents to help protect the asset value for both the owner and lender," said John Willis, chief operating officer, SkyBOOKS. "Additionally, global field condition audit inspection services are available allowing operators and lenders to work more together to provide the most attractive rates possible."

Stop by the SkyBOOKS booth #5360 to see the new Risk Manager Portfolio first hand and discuss the future possibilities.

For more information, contact sales@SkyBOOKS.com.

About SkyBOOKS Inc
SkyBOOKS Inc., based in Jacksonville, Fla., is a Textron Aviation Management Solution Software-as-a-Service provider. It provides analyst supported web-based aviation solutions to corporate and government flight operations to users around the world via its own highly-secure Tier 4 data center. SkyBOOKS manages the information processing requirements for any size rotary- and fixed-wing business aviation operation over the Internet on a subscription basis. More information is available at www.SkyBOOKS.com or sales@SkyBOOKS.com.

About Bell Helicopter
Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries.www.BellHelicopter.com

About Textron Inc.
Textron Inc. (NYSE: TXT) is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron in known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.Textron.com

Media Contact:

If you'd like more information about this topic, please call Elizabeth Howard at 866.929.8700 or e-mail Elizabeth at ehoward@SkyBOOKS.com

Mailing address:
SkyBOOKS Inc
1310 Tradeport Drive
Jacksonville, FL 32218

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