FLYHT Mourns the Unexpected Passing of Bill Tempany, Interim CEO, Director, Entrepreneur and Software Industry Visionary

CALGARY, AB / ACCESSWIRE / December 21, 2022 / FLYHT Aerospace Options Ltd. (TSXV:FLY) (OTCQX:FLYLF) (the “Corporation” or “FLYHT”) these days regrets to announce that William T. “Monthly bill” Tempany, the Company’s Interim CEO and a member of the Firm’s Board of Administrators, handed absent unexpectedly on December 20, 2022.

The Board of Directors issued the subsequent assertion: “We are deeply saddened by the premature passing of Bill Tempany. Our hearts go out to Bill’s household, friends, and his beloved and loyal crew. He was definitely a greater-than-lifetime determine and a application and aviation pioneer, who relished a long and distinguished occupation as a serial entrepreneur which include top the money pool which at first took FLYHT public in 2003. Monthly bill re-assumed the CEO role at FLYHT just more than two years ago and swiftly refocused the Corporation on a application-initially technique, introducing the Actionable Intelligence suite of solutions to support the aviation sector operate much more successfully. Even though we just take a second to grieve and replicate, we stay laser-concentrated on safeguarding Bill’s legacy and setting up on the amazing momentum he produced above the earlier pair of decades.”

Nina Jonsson, FLYHT’s Government Chairman, additional, “Monthly bill seen the accomplishment of FLYHT as an vital everyday living mission and leaves the organization in exceptional arms. Less than Bill’s management and determination, FLYHT formulated the Edge loved ones of products that incorporates about 20 many years of mental home progress bundled in a 5G capable aviation solution. Perhaps Bill’s best legacy is his hand-picked bench of talent. For the past two decades he steadfastly retained the ‘Interim’ title whilst he focused on strategy, M&A and cash marketplaces.”

The Enterprise has named Kent Jacobs, President, as Interim Chief Executive Officer. Mr. Tempany experienced promoted Mr. Jacobs in November 2021, to oversee day-to-working day functions and to launch and commercialize the Edge. Mr. Jacobs is an aviation sector veteran of much more than 25 decades, and has worked facet by side with Mr. Tempany for in excess of two a long time. He holds a B.Sc. in Laptop Science from the University of Calgary and was also a professional pilot, traveling charters for quite a few many years. Mr. Jacobs was instrumental in the structure and commercialization of FLYHT’s launch products and solutions, the AFIRS 220 and UpTime.

“Right now is a sad working day as I mourn the decline of my buddy and mentor.I am honored and fully commited to carrying forward his amazing legacy,” reported Kent Jacobs.

About FLYHT Aerospace Answers Ltd.

FLYHT presents airways with Actionable Intelligence to remodel operational perception into instant, quantifiable motion, and delivers sector top answers to improve aviation protection, efficiency, and profitability. This distinctive capacity is pushed by a suite of patented aircraft certified hardware solutions. These contain AFIRS™, an aircraft satcom/interface unit, which enables cockpit voice communications, genuine-time plane condition examination, and the transmission of aircraft data whilst inflight. The AFIRS Edge is a state-of-the-art 5G Wireless Rapid Access Recorder (WQAR), Plane Interface Device (Aid), and Aircraft Problem and Monitoring System (ACMS). The Edge can be interfaced with FLYHT’s TAMDAR probe or the FLYHT-WVSS-II relative humidity sensor to produce airborne weather conditions and humidity data in authentic-time.

CrossConsense, FLYHT’s wholly owned subsidiary, delivers hugely experienced expert services to the industrial aviation sector and provides preventative maintenance remedies. These contain Plane Fleet Look at, a native application that provides a true-time perspective of airline fleet standing AviationDW, a managed facts warehouse for improved business enterprise intelligence and ACSIS, a visualization and predictive routine maintenance alerting instrument.

FLYHT is headquartered in Calgary, Canada, and is an AS9100 High-quality registered corporation. CrossConsense, situated in Frankfurt, Germany, is an ISO9001 accredited operation. For extra facts, pay a visit to www.flyht.com.

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