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	<title>Press Bio</title>
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	<description>Press Releases for Real Companies</description>
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		<title>SmartPark JFK Parking Company Enhances Its Online Reservation Process and JFK Airport Parking App</title>
		<link>http://pressbio.com/smartpark-jfk-parking-company-enhances-its-online-reservation-process-and-jfk-airport-parking-app</link>
		<comments>http://pressbio.com/smartpark-jfk-parking-company-enhances-its-online-reservation-process-and-jfk-airport-parking-app#comments</comments>
		<pubDate>Wed, 14 Jul 2010 07:22:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Main Press]]></category>
		<category><![CDATA[New York News]]></category>
		<category><![CDATA[Press Release - Business]]></category>
		<category><![CDATA[Travel Press Release]]></category>

		<guid isPermaLink="false">http://pressbio.com/?p=57</guid>
		<description><![CDATA[SmartPark JFK Parking Company Enhances Its Online Reservation Process and JFK Airport Parking App JFK Long Term Parking Facility improves Free reservation process to accommodate its customers South Ozone Park, NY, July 1st, 2010 &#8212; The new JFK airport parking facility SmartPark JFK continues to update and improve the customer experience by enhancing the JFK [...]]]></description>
			<content:encoded><![CDATA[<p>SmartPark JFK Parking Company Enhances Its Online Reservation Process and JFK Airport Parking App JFK </p>
<p>Long Term Parking Facility improves Free reservation process to accommodate its customers South Ozone Park, NY, July 1st, 2010 &#8212; The new JFK airport parking facility SmartPark JFK continues to update and improve the customer experience by enhancing the JFK Airport Parking experience.</p>
<p>New Features that have been added since the creation of the World&#8217;s first Smart Parking App for airport parking reservations:</p>
<p>* The SmartPark JFK website reservation process now allows you to:</p>
<p>- edit or cancel your reservation on the fly. Pun intended. You can now place your FREE online Valet JFK Airport Parking reservation and if you need to edit it. You can! Simply click on the edit reservation button on the online confirmation page of your reservation or click at the link at the top of the website and click on Find My Reservation or go into your email and track down your confirmation email from SmartPark JFK And click on the link that will allow you to edit or cancel your reservation.</p>
<p>* What is &#8220;Find My&#8221;? How do I find my reservation;<br />
- if I have not received a confirmation;<br />
- if I need to print it out because I forgot it at home or misplaced it;<br />
- if I simply need to double check my itinerary.</p>
<p>It is simple, click on Find My Reservation on our website. That link will also be available in your email as well.</p>
<p>* We have recently upgraded our &#8220;Compare Rates&#8221; right on our website. Right smack dab in the middle of your JFK Airport Parking reservation process. See the rate comparison as you modify your reservation.</p>
<p>Now… back to the advances to our JFK Parking App.<br />
At first launch the application allowed users the convenience of making reservations from their mobile cell phones for travel out of JFK International Airport without the use of an actual pc or mac computer.<br />
Now, our latest additions and improvements to our app allow customers to add more detailed information about their travel itinerary.</p>
<p>You can add the following information to expedite your JFK Airport parking experience:</p>
<p>- Add Your Airline Carrier,<br />
- Add Your Flight #,<br />
- Add Your Destination City,<br />
- Add the nature of your trip &#8211; business or pleasure</p>
<p>All this in an effort to make your JFK Airport parking check-In and checkout go as smooth and as fast as possible. With this information we will now have real time data on your itinerary and can arrange to:</p>
<p>- get you to your terminal with plenty of time to spare;<br />
- have your car waiting for you at checkout based on this info.</p>
<p>&#8220;SmartPark JFK is taking yet another step to reinforce its strong commitment to its customers,&#8221; said Adam Smith, the Director of Operations for SmartPark JFK, a Queens, New York-based airport parking company. &#8220;We continue to strive and aim to deliver the best possible product we can to the airline traveler&#8221;.<br />
&#8220;SmartPark JFK is aware of the time constraints travelers face while in transit and we will continue to be an advocate for exemplary customer service.&#8221; explained Smith. That alone speaks volumes to our true understanding of the growing needs of the traveler.</p>
<p>The SmartPark JFK Airport Parking website is available through the following web address:<br />
<A HREF="http://www.smartparkjfk.com" target="_new">http://www.smartparkjfk.com</A></p>
<p>The SmartPark JFK Mobile &#8220;App&#8221; is available through the following mobile/web address:<br />
<A HREF="http://m.smartparkjfk.com" target="_new">http://m.smartparkjfk.com</A></p>
<p>En Espanol SmartPark JFK Mobile is available through the following mobile/web address:<br />
<A HREF="http://espanol.smartparkjfk.com" target="_new">http://espanol.smartparkjfk.com</A></p>
<p>About SmartPark JFK</p>
<p>SmartPark JFK is an easy, affordable and efficient alternative to on-airport parking.</p>
<p>SmartPark JFK is located at 123-10 South Conduit Avenue, South Ozone Park, New York. Open 24 hours a day, 7 days a week, 365 days a year.</p>
<p>Learn more about SmartPark JFK&#8217;s new facility, its services and free, no-obligation reservations by visiting http://www.SmartParkJFK.com. Stop by today!</p>
<p>The Intelligent Choice in off airport valet parking. SmartPark JFK! </p>
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		</item>
		<item>
		<title>SmartPark JFK Offers Lowest Airport Parking Rate Of $12 Daily For Holiday Season 2009</title>
		<link>http://pressbio.com/smartpark-jfk-offers-lowest-airport-parking-rate-of-12-daily-for-holiday-season-2009</link>
		<comments>http://pressbio.com/smartpark-jfk-offers-lowest-airport-parking-rate-of-12-daily-for-holiday-season-2009#comments</comments>
		<pubDate>Wed, 09 Dec 2009 19:46:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Main Press]]></category>
		<category><![CDATA[Press Release - Business]]></category>

		<guid isPermaLink="false">http://pressbio.com/?p=50</guid>
		<description><![CDATA[SmartPark JFK Low Parking Rates. The lowest rates available for off site JFK Airport Parking.]]></description>
			<content:encoded><![CDATA[<p>While the competition increases their rates, SmartPark JFK keeps the already low rate steady through holiday season</p>
<p>South Ozone Park, New York, December 9, 2009 — SmartPark JFK continues to offer their $12 daily airport parking reservations rate for the Christmas Holiday season of 2009.</p>
<p>In a time when airport parking rates are increased that is not the case with SmartPark JFK. We were already below the competition’s prices at $14 daily. Then we decided to lower the rate even more to $12 daily plus nyc tax. Our gift to you for the upcoming holiday season. The special rate will be extended through Christmas and the New Years holiday.</p>
<p>Check our competitors rates and see for yourself. At SmartPark JFK there are no service charges or fuel surcharges. Ever! Our final price is lower than the competition. Be sure to compare before you reserve elsewhere. Our pricing structure is simple. See the price &#8211; pay that price(plus tax). That’s it!</p>
<p>Our off site parking facility is a great option to onsite parking at the airport and its cost is a fraction of the on site parking price. SmartPark JFK, book a reservation with confidence knowing that our rate is at the very least competitive across the internet. Our philosophy is, it’s all about the customer. That’s a smart move on our part.</p>
<p>See you at the parking lot! <img src='http://pressbio.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>The Team at SmartPark JFK</p>
<p>Contact Information<br />
Adam Smith<br />
Title: Director of Operations<br />
SmartPark JFK<br />
123-10 South Conduit Ave<br />
South Ozone Park, NY 11420<br />
Phone: 877 535-7275<br />
<a href="http://www.smartparkjfk.com/d09pr.php">SmartPark JFK Website</a></p>
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		<title>Avantair, Inc. Reports Fiscal First Quarter 2010 Financial Results</title>
		<link>http://pressbio.com/avantair-inc-reports-fiscal-first-quarter-2010-financial-results</link>
		<comments>http://pressbio.com/avantair-inc-reports-fiscal-first-quarter-2010-financial-results#comments</comments>
		<pubDate>Mon, 16 Nov 2009 20:19:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Main Press]]></category>

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		<description><![CDATA[Globe Newswire Through Industry Downturn Avantair Delivers Quarterly Operating Profitability and Record Gains in Both Flight Time Cards Sold and Flight Hours November 16, 2009: 04:01 PM ET CLEARWATER, Fla., Nov. 16, 2009 (GLOBE NEWSWIRE) &#8212; Avantair, Inc. (OTCBB:AAIR), the sole North American provider of flight hour time cards and fractional shares in the Piaggio [...]]]></description>
			<content:encoded><![CDATA[<p>Globe Newswire<br />
Through Industry Downturn Avantair Delivers Quarterly Operating Profitability and Record Gains in Both Flight Time Cards Sold and Flight Hours<br />
November 16, 2009: 04:01 PM ET</p>
<p>CLEARWATER, Fla., Nov. 16, 2009 (GLOBE NEWSWIRE) &#8212; Avantair, Inc. (OTCBB:AAIR), the sole North American provider of flight hour time cards and fractional shares in the Piaggio Avanti aircraft, today announced financial results for its fiscal first quarter ended September 30, 2009.</p>
<p>First Quarter Fiscal 2010 Highlights:</p>
<p> * Total revenues of $35.2 million, an increase of 7.7%,<br />
   as compared to $32.7 million for the three months ended<br />
   September 30, 2008.<br />
 * Flight time cards sold for the three months ended<br />
   September 30, 2009 increased 69% to 86 compared to 51<br />
   flight time cards sold during the fiscal fourth quarter<br />
   ended June 30, 2009, and 219% from 27 for the fiscal first<br />
   quarter ended September 30, 2008.<br />
 * Revenue-generating flight hours flown reached a new quarterly<br />
   record, increasing 13% quarter-over-quarter to 9,356 hours<br />
   compared to 8,277 hours for the fiscal fourth quarter ended<br />
   June 30, 2009, and increasing 11% year-over-year compared to<br />
   8,393 for the fiscal first quarter ended September 30, 2008.<br />
 * Operating income of $249,000, compared with an operating loss<br />
   of $1.9 million in the first fiscal quarter of 2009.<br />
 * EBITDA profit (profitable results from operations before<br />
   depreciation and amortization) of $1.7 million, compared with<br />
   an EBITDA loss of $820,000 in the first fiscal quarter of 2009.<br />
 * Net loss attributable to common stockholders of $1.8 million,<br />
   or $0.11 per basic and diluted common share, compared with a net<br />
   loss attributable to common stockholders of $3.7 million, or<br />
   $0.24 per basic and diluted common share, for the fiscal first<br />
   quarter of 2009.<br />
 * Closed tranche of a PIPE (Private Investment in a Public<br />
   Entity) financing on September 25th for $0.6 million, and through<br />
   October 16th, the Company sold an additional 8.8 million shares<br />
   of common stock generating net proceeds of approximately $8.0<br />
   million (subsequent event).<br />
 * Fleet size increased to 55 aircraft, with three new Piaggio<br />
   Avanti II aircraft in October (subsequent event).</p>
<p>Steven Santo, Chief Executive Officer of Avantair, stated, &#8220;We delivered impressive record gains in flight time card sales and revenue-generating flight hours flown during the first quarter, both of which support our recent fleet expansion of an additional four aircraft, three of which have already been received and one of which is expected to be added during the current quarter. Our program success is especially outstanding considering industry reports that indicate a downturn in private jet travel. Satisfied Avantair customers keep referring new customers, which is building our brand equity and driving the expansion of our market presence.</p>
<p>&#8220;In entering fiscal 2010, we&#8217;ve reached an important inflection point in our business where we believe we are getting close to our goal of sustainable profitability. We believe there are significant barriers to successful entry into our light-jet private transportation category, where we have already established critical mass, scale economies, and low-cost luxury transport leadership. While competitors are downsizing operations in the current environment, we are adding pilots, flight hours, aircraft, and adding to our sales force to meet escalating demand,&#8221; Mr. Santo continued.</p>
<p>&#8220;Environmental concern is yet another factor working in our favor. With travelers seeking responsible private transportation and alternatives to high cost, high emission air travel, customers are placing increasing value on our Piaggio aircraft fleet which offers the lowest fuel burn and carbon emissions in the industry.</p>
<p>&#8220;Our excellence in each of these areas reinforces Avantair&#8217;s highly competitive market position and supports our growth profile over the long term. With exciting sales and marketing initiatives planned over the next several quarters, we look forward to achieving even more milestones and building greater value for our shareholders during fiscal year 2010.&#8221;</p>
<p>Use of Non-GAAP Measures of Performance</p>
<p>The Company believes that EBITDA (results from operations before depreciation and amortization) is useful to investors as it excludes certain non-cash expenses that do not directly relate to the operation of aircraft. This measure is a supplement to generally accepted accounting principles (GAAP) used to prepare the Company&#8217;s financial statements and should not be viewed as a substitute for GAAP measures. In addition, the Company&#8217;s non-GAAP measure may not be comparable to non-GAAP measures of other companies. Income from operations, which the Company believes to be the most directly comparable GAAP financial measure, would include depreciation and amortization expense. Depreciation and amortization expense was approximately $1.5 million and $1.1 million for the three months ended September 30, 2009 and 2008, respectively, resulting in income from operations of approximately $249,000 for the three months ended September 30, 2009 and loss from operations of approximately $1.9 million for the three months ended September 30, 2008.</p>
<p>Conference Call</p>
<p>Chief Executive Officer Steven Santo, Chief Financial Officer Richard Pytak and Chief Operating Officer Kevin Beitzel will hold a conference call with the financial community today at 5:00 p.m. Eastern time to review the Company&#8217;s financial results and provide an update on business developments.</p>
<p>Interested parties may participate in the conference call by dialing 1-877-941-4776 (480-629-9762 for international callers). When prompted, ask for the &#8220;Avantair, Inc. Fiscal First Quarter 2010 Earnings Conference Call.&#8221; A telephonic replay of the conference call may be accessed approximately two hours after the call through November 30, 2009 by dialing 800-406-7325 (303-590-3030 for international callers). The replay access code is 4182037#. The conference call will be webcast simultaneously on the Avantair, Inc. website at www.avantair.com under Investors: Event Calendar. The webcast replay will be archived for 12 months.</p>
<p>About Avantair</p>
<p>Avantair, the only publicly traded stand-alone private aircraft operator and the sole North American provider of fractional shares and flight hour time cards in the Piaggio Avanti aircraft, is headquartered in Clearwater, FL, with over 400 employees. The Company offers private travel solutions for individuals and businesses traveling within its service area, which includes the continental United States, Canada, the Caribbean and Mexico, at a fraction of the cost of whole aircraft ownership. The Company currently manages a fleet of 55 aircraft, with another 53 Piaggio Avanti aircraft on order through 2013. For more information about Avantair, please visit: http://www.avantair.com .</p>
<p>Forward Looking Statements</p>
<p>This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to Avantair&#8217;s future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as &#8220;trend,&#8221; &#8220;potential,&#8221; &#8220;opportunity,&#8221; &#8220;pipeline,&#8221; &#8220;believe,&#8221; &#8220;comfortable,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;current,&#8221; &#8220;intention,&#8221; &#8220;estimate,&#8221; &#8220;position,&#8221; &#8220;assume,&#8221; &#8220;outlook,&#8221; &#8220;continue,&#8221; &#8220;remain,&#8221; &#8220;maintain,&#8221; &#8220;sustain,&#8221; &#8220;seek,&#8221; &#8220;achieve,&#8221; and similar expressions, or future or conditional verbs such as &#8220;will,&#8221; &#8220;would,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;may&#8221; and similar expressions. Avantair cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and Avantair assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.</p>
<p>In addition to factors previously disclosed in Avantair&#8217;s filings with the Securities and Exchange Commission (SEC) and those as may be identified elsewhere in this press release, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: general economic and business conditions in the U.S. and abroad, changing interpretations of generally accepted accounting principles, changes in market acceptance of the company&#8217;s products, inquiries and investigations and related litigation, fluctuations in customer demand, management of rapid growth, intensity of competition. The information set forth herein should be read in light of such risks. Avantair does not assume any obligation to update the information contained in this press release.</p>
<p>Avantair&#8217;s filings with the SEC, accessible on the SEC&#8217;s website at http://www.sec.gov , discuss these factors in more detail and identify additional factors that can affect forward-looking statements.</p>
<p>                        AVANTAIR, INC. AND SUBSIDIARIES<br />
                     Condensed Consolidated Balance Sheets<br />
                                           September 30,    June 30,<br />
                                               2009          2009<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
                                            (Unaudited)    (Note 2)<br />
                        ASSETS<br />
                        &#8212;&#8212;<br />
 CURRENT ASSETS<br />
  Cash and cash equivalents                 $  5,055,746  $  3,773,789<br />
  Accounts receivable, net of allowance for<br />
   doubtful accounts of $231,559 at<br />
   September 30, 2009 and $187,842 at June<br />
   30, 2009                                    6,235,907     5,711,055<br />
  Inventory                                      119,875       140,997<br />
  Current portion of aircraft costs related<br />
   to fractional share sales                  34,829,890    36,910,206<br />
  Notes receivable                               158,133       272,731<br />
  Prepaid expenses and other current assets    1,228,475     1,278,506<br />
                                            &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Total current assets                         47,628,026    48,087,284<br />
                                            &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Aircraft costs related to fractional share<br />
  sales, net of current portion               62,166,794    70,199,786<br />
                                            &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Property and equipment, at cost, net of<br />
  accumulated depreciation and amortization<br />
  of $13,938,803 at September 30, 2009 and<br />
  $11,695,228 at June 30, 2009                28,617,517    29,842,365<br />
                                            &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 OTHER ASSETS<br />
  Cash &#8211; restricted                            2,354,665     2,352,337<br />
  Deposits on aircraft                        10,468,616     9,264,890<br />
  Deferred maintenance on aircraft engines     1,039,685     1,538,175<br />
  Goodwill                                     1,141,159     1,141,159<br />
  Other assets                                 1,781,350     1,639,407<br />
 Total other assets                           16,785,475    15,935,968<br />
                                            &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Total assets                               $155,197,812  $164,065,403<br />
                                            ============  ============<br />
                       AVANTAIR, INC. AND SUBSIDIARIES<br />
                    Condensed Consolidated Balance Sheets<br />
                                           September 30,    June 30,<br />
                                               2009           2009<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
                                            (Unaudited)     (Note 2)<br />
  LIABILITIES AND STOCKHOLDERS&#8217; DEFICIT<br />
 CURRENT LIABILITIES<br />
  Accounts payable                         $  5,640,012  $  7,307,320<br />
  Accrued liabilities                         5,671,418     5,010,745<br />
  Customer deposits                           1,824,978     1,282,936<br />
  Short-term debt                            11,500,000    11,500,000<br />
  Current portion of long-term debt          10,266,419    11,020,590<br />
  Current portion of deferred revenue<br />
   related to fractional aircraft share<br />
   sales                                     40,606,022    43,385,779<br />
  Unearned management fees and flight hour<br />
   card revenues                             24,035,399    17,807,796<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Total current liabilities                   99,544,248   97,315,166,<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
  Long-term debt, net of current portion     18,400,719    20,111,011<br />
  Deferred revenue related to fractional<br />
   aircraft share sales, net of current<br />
   portion                                   56,702,118    65,071,197<br />
  Other liabilities                           3,198,883     3,047,329<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Total long-term liabilities                 78,301,720    88,229,537<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Total liabilities                          177,845,968   185,544,703<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 COMMITMENTS AND CONTINGENCIES<br />
 Series A convertible preferred stock<br />
  $.0001 par value, authorized 300,000<br />
  shares; 152,000 shares issued and<br />
  outstanding                                14,550,907    14,528,383<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 STOCKHOLDERS&#8217; DEFICIT<br />
  Preferred stock, $.0001 par value,<br />
   authorized 700,000 shares; none issued            &#8212;            &#8211;<br />
  Common stock, Class A, $.0001 par value,<br />
   75,000,000 shares authorized, 16,977,642<br />
   shares issued and outstanding at<br />
   September 30, 2009 and 16,463,615<br />
   shares issued and outstanding at June<br />
   30, 2009                                       1,697         1,646<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
  Additional paid-in capital                 48,222,616    47,667,493<br />
  Accumulated deficit                       (85,423,376)  (83,676,822)<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Total stockholders&#8217; deficit                (37,199,063)  (36,007,683)<br />
                                           &#8212;&#8212;&#8212;&#8212;  &#8212;&#8212;&#8212;&#8212;<br />
 Total liabilities and stockholders&#8217;<br />
  deficit                                  $155,197,812  $164,065,403<br />
                                           ============  ============<br />
                        AVANTAIR, INC. AND SUBSIDIARIES<br />
                 Condensed Consolidated Statements of Operations<br />
                 Three Months Ended September 30, 2009 and 2008<br />
                                 (Unaudited)</p>
<p>                                                 2009         2008<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Revenue<br />
 Fractional aircraft sold                     $11,978,836  $12,493,716<br />
 Maintenance and management fees               17,974,569   17,077,139<br />
 Flight hour card and Axis Club Membership<br />
  revenue                                       3,858,470    1,844,126<br />
 Other revenue                                  1,393,009    1,261,480<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Total revenue                                 35,204,884   32,676,461<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Operating expenses<br />
 Cost of fractional aircraft shares sold       10,200,603   10,605,023<br />
 Cost of flight operations                     12,420,238   11,810,384<br />
 Cost of fuel                                   3,638,902    4,512,406<br />
 General and administrative expenses            6,252,381    5,660,787<br />
 Selling expenses                                 985,765      907,751<br />
 Depreciation and amortization                  1,457,917    1,082,265<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Total operating expenses                      34,955,806   34,578,616<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Income (loss) from operations                    249,078   (1,902,155)<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Other income (expenses)<br />
 Other income                                       2,250        1,200<br />
 Interest income                                    5,163       24,703<br />
 Interest expense                              (1,623,454)  (1,459,481)<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Total other expenses                          (1,616,041)  (1,433,578)<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Net loss                                      (1,366,963)  (3,335,733)<br />
 Preferred stock dividend and accretion of<br />
  expenses                                       (402,115)    (391,513)<br />
                                              &#8212;&#8212;&#8212;&#8211;  &#8212;&#8212;&#8212;&#8211;<br />
 Net loss attributable to common stockholders $(1,769,078) $(3,727,246)<br />
                                              ===========  ===========<br />
 Loss per common share:<br />
 Basic and diluted                            $     (0.11) $     (0.24)<br />
                                              ===========  ===========<br />
 Weighted- average common shares outstanding:<br />
 Basic and diluted                             16,468,122   15,287,694<br />
                                              ===========  ===========</p>
<p>CONTACT:  Avantair, Inc.<br />
          Richard Pytak, Chief Financial Officer<br />
          727-538-7910 x.105<br />
          rpytak@avantair.com<br />
          The Piacente Group, Inc.<br />
          Investor Relations<br />
          Kristen McNally<br />
          212-481-2050<br />
          avantair@tpg-ir.com</p>
]]></content:encoded>
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		<title>SmartPark JFK Launches First-of-Its-Kind Mobile ‘App’ for Off-site JFK Airport Parking Reservations</title>
		<link>http://pressbio.com/smartpark-jfk-launches-first-of-its-kind-mobile-app-for-off-site-jfk-airport-parking-reservations</link>
		<comments>http://pressbio.com/smartpark-jfk-launches-first-of-its-kind-mobile-app-for-off-site-jfk-airport-parking-reservations#comments</comments>
		<pubDate>Thu, 12 Nov 2009 19:34:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Release - Business]]></category>

		<guid isPermaLink="false">http://pressbio.com/?p=36</guid>
		<description><![CDATA[The “smart mobile app” for JFK Airport travelers in need of airport parking. “SmartPark JFK is thrilled to reinforce its strong commitment to the airline traveler,” said Adam Smith, the Director of Operations for SmartPark JFK, a Queens, New York-based airport parking company. “We are proud to deliver the SmartPark JFK Mobile ‘App’ with the intention of making your travel life easier and will further reduce the hassles and paperwork that are involved with making travel arrangements.]]></description>
			<content:encoded><![CDATA[<p>The “smart” off-airport JFK parking “app” allows people in need of parking to make a FREE reservation via their mobile cell phones</p>
<p>SOUTH OZONE PARK, N.Y., Nov. 12, 2009 — SmartPark JFK today unveiled the SmartPark JFK Mobile “App,” a unique off-site airport parking reservation application that allows users to make reservations from their cell phones for travel out of JFK International Airport.</p>
<p>“SmartPark JFK is thrilled to reinforce its strong commitment to the airline traveler,” said Adam Smith, the Director of Operations for SmartPark JFK, a Queens, New York-based airport parking company. “We are proud to deliver the SmartPark JFK Mobile ‘App’ with the intention of making your travel life easier and will further reduce the hassles and paperwork that are involved with making travel arrangements.</p>
<p>“What we do is facilitate the reservation process by making it possible for airline travelers to place their airport parking reservation using their cell phone. Simply connect to your mobile browser and go to the following url: http://m.smartparkjfk.com/. Once there you will be able to place your reservation without the use of a computer.”</p>
<p><A HREF="http://www.smartparkjfk.com/smartpark-jfk-airport-parking-app.php" target="_new">See our mini video tutorial</A></p>
<p>“SmartPark JFK is aware of the time constraints travelers face while in transit,” explained Smith. “Through the SmartPark JFK Mobile ‘App,’ we are stepping up our commitment to deliver the best customer service possible. We believe technology can and should be a fundamental part of the travel experience. This ‘Smart App’ will further enhance the integration of mobile technology and utilization by all travelers.</p>
<p>“This SmartPark JFK Mobile ‘App’ promises to be the first of many such “apps” by the airport parking Industry. It exemplifies the ongoing commitment of not only the travel industry but more specifically the airport parking industry. One of the goals for airport parking businesses is to make travel faster, easier and seamless on all levels.</p>
<p>“The SmartPark JFK Mobile ‘App’ marks an important moment for us and is a great example of what can be achieved when we challenge ourselves to innovate for a more efficient way to travel. This ‘Smart App’ represents innovation beyond the online user experience, by helping to improve and streamline travel through mobile technology. It also exemplifies SmartPark JFK’s broader commitment to the consumer, always thinking of ways to improve the customer’s experience. Today, more than ever, choices are plentiful but great service is not. The fact that SmartPark JFK has been a long-time advocate for exemplary customer service speaks volumes to its true understanding of the growing needs of the traveler.</p>
<p>“We expect this ‘App’ to serve as a model for future, even more sophisticated ‘Smart Apps’ related to the travel industry.”</p>
<p>The SmartPark JFK Mobile “App” is available through the following web address:</p>
<p>http://m.smartparkjfk.com</p>
<p>Simply replace the “www” with an “m” for “mobile.”</p>
<p>About SmartPark JFK</p>
<p>SmartPark JFK is an easy, affordable and efficient alternative to on-airport parking. We are a full-service valet lot; as such you are assisted with your luggage, immediately taken to the terminal of your choice and picked up when returning at your request. Book a reservation with confidence knowing that our rate is consistent across the internet. Our philosophy of simple pricing and superior customer service is just PLANE smart.</p>
<p>SmartPark JFK is located at 123-10 South Conduit Avenue, South Ozone Park, New York. Open 24 hours a day, 7 days a week, 365 days a year.</p>
<p>Learn more about SmartPark JFK’s new facility, its services and free, no-obligation reservations by visiting <A HREF="http://www.smartparkjfk.com" target="_new">http://www.SmartParkJFK.com</A>. Stop by today!</p>
<p>The Intelligent Choice in off airport valet parking. SmartPark JFK!</p>
<p>Contact:</p>
<p>Adam Smith<br />
<A HREF="mailto:asmith@smartparkjfk.com">asmith@smartparkjfk.com</A><br />
123-10 South Conduit Ave.<br />
South Ozone Park, Queens, NY 11420<br />
P. 877-JFK-PARK<br />
P. 877-535-7275</p>
<p># # #</p>
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		<title>Boost web visibility through press release distribution</title>
		<link>http://pressbio.com/boost-web-visibility-through-press-release-distribution</link>
		<comments>http://pressbio.com/boost-web-visibility-through-press-release-distribution#comments</comments>
		<pubDate>Thu, 01 Oct 2009 02:21:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Release - Business]]></category>

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		<description><![CDATA[Increase your web presence through press release distribution]]></description>
			<content:encoded><![CDATA[<p>2009-09-30 14:04:04 (EST) (pressbio.com)</p>
<p>Dallas, TX: Gain visibility, get more web traffic and get more attention of news hungry web audience. Adopt the best internet marketing technique and bring your web business to the attention of the masses and your target market. Through press release distribution web business owners can not only generate interest among web visitors but can attract targeted audience and increase their business.</p>
<p>‘What you have said about press release is just one benefit of press release distribution. If you as a web business owner you should build some SEO techniques in your press releases, your press release, than, will be killing many birds with one stone. (a) you will get attention of many web visitors, (b) get more traffic to your website (c) attract search engine spiders and get your press release indexed faster (d) search engine optimized press release will help in building links. You see, you get so much benefit from press releases,’ says an SEO expert.</p>
<p>Press release about businesses, new product introduction, about business events, discount, sales, business promotions, changes in business set up etc help in generating public interest and those who are interested in products and services that are spelled in the press releases would want to interact resulting in more conversions.</p>
<p>‘Make sure you do it right. You have to make a press release not a sales letter. You would find many affordable press release distribution services that would get greater exposure to your web business,’ he adds.</p>
<p>More more information on press release distribution using  search engine optimization log on to: Caym</p>
]]></content:encoded>
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		<title>Hyundai skips Tokyo auto show because of downturn</title>
		<link>http://pressbio.com/hyundai-skips-tokyo-auto-show-because-of-downturn</link>
		<comments>http://pressbio.com/hyundai-skips-tokyo-auto-show-because-of-downturn#comments</comments>
		<pubDate>Thu, 01 Oct 2009 01:50:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Release - Business]]></category>

		<guid isPermaLink="false">http://pressbio.com/?p=32</guid>
		<description><![CDATA[Hyundai to miss auto show due to economy]]></description>
			<content:encoded><![CDATA[<p>City of Industry, CA &#8211;(www.pressbio.com)&#8211; 09/30/2009 &#8211; Auto Manufacturers industry news provided by Financial News USA. TOKYO (AP) &#8212; South Korea&#8217;s Hyundai Motor Co. said Tuesday it&#8217;s skipping the Tokyo Motor Show, joining a string of foreign automakers that have decided to miss one of Asia&#8217;s major auto shows.</p>
<p>Hyundai&#8217;s decision comes just three weeks before the biennial event opens to the media Oct. 21. The show opens to the public three days later. The organizers had already included Hyundai in a diagram of the booths.</p>
<p>&#8220;Hyundai Motor Co. will not be an official exhibitor at the 2009 Tokyo Motor Show because of the global economic downturn, which has forced a more careful allocation of resources,&#8221; Hyundai said in a statement.</p>
<p>It defended its decision as &#8220;in line with other leading automakers who have canceled their participation.&#8221;</p>
<p>The large number of companies skipping the event is unprecedented for the Tokyo show and underlines the industry&#8217;s serious slump.</p>
<p>U.S. automakers such as General Motors Co. and Ford Motor Co. [Read the full article]</p>
<p>I recall when Chrysler killed DeSoto and Imperial, and when Ford ( F &#8211; news &#8211; people ) killed Edsel. Killing Edsel was a shame because the dealer organization had been built and, in time, sales would have grown. But Ford&#8217;s chief, Henry Ford II, was incensed at the initial failure of the car that bore his father&#8217;s name, and the Edsel division was destroyed. That was a half a century ago. More recently, General Motors killed Oldsmobile, and Chrysler killed Plymouth; and then this year, GM killed Pontiac and Hummer and promises to kill or sell Saturn. The excuse, usually, is that the company has too many brands and that it costs too much to develop new models all the time. Wall Street analysts often push the companies in this direction. There&#8217;s no question that it&#8217;s costly to keep all those nameplates up to date. But there&#8217;s always a price to be paid: The customers are gone. [Read the full article]</p>
<p>DETROIT &#8212; Toyota Motor said Tuesday it will soon issue a recall for at least 3.8 million Toyota and Lexus vehicles to fix a potential safety problem caused by a car&#8217;s floor mat jamming the accelerator. The National Highway Traffic Safety Administration, meanwhile, urged motorists not to wait for a fix. &#8220;This is an urgent matter,&#8221; said U.S. Transportation Secretary Ray LaHood. &#8220;For everyone&#8217;s sake, we strongly urge owners of these vehicles to remove mats or other obstacles that could lead to unintended acceleration.&#8221; The impending U.S. recall, the largest in Toyota&#8217;s ( TM &#8211; news &#8211; people ) history, followed a horrific crash last month in San Diego in which a mat was suspected of snagging a gas pedal on a runaway Lexus, ending with a fiery crash that killed four family members. A minute before the crash, the driver called police to say the car had no brakes and the accelerator was stuck. [Read the full article]</p>
<p>About Financial News USA</p>
<p>Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com.</p>
<p>Financial News USA<br />
Email: info@financialnewsusa.com</p>
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		<title>UBS Investment Bank Hires Michael Ostow as Managing Director and Head of North American Insurance Banking</title>
		<link>http://pressbio.com/ubs-investment-bank-hires-michael-ostow-as-managing-director-and-head-of-north-american-insurance-banking</link>
		<comments>http://pressbio.com/ubs-investment-bank-hires-michael-ostow-as-managing-director-and-head-of-north-american-insurance-banking#comments</comments>
		<pubDate>Thu, 01 Oct 2009 01:42:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Release - Business]]></category>

		<guid isPermaLink="false">http://pressbio.com/?p=30</guid>
		<description><![CDATA[UBS Head of North American Insurance Banking]]></description>
			<content:encoded><![CDATA[<p>SEPTEMBER 29, 2009, 4:13 P.M. ET</p>
<p>UBS Investment Bank today announced that Michael Ostow will join its Investment Banking Department (IBD) as a Managing Director and Head of North American Insurance. He will be based in New York and report jointly to Gary Howe and Halle Benett, Americas Co-Heads of the Financial Institutions Group (FIG).</p>
<p>&#8220;Two years after the start of the financial crisis, financial institutions continue to face unprecedented challenges, which have led to a high volume of transactions, from capital raising to restructuring to M&#038;A,&#8221; said Howe. &#8220;The addition of Michael to lead our insurance effort in North America will strengthen our coverage of this important sector.&#8221;</p>
<p>Ostow, 41, will join UBS from Morgan Stanley, where he was most recently Co-Head of the North American Insurance Group within its FIG practice. Previously, he was a Managing Director in the FIG practice at Credit Suisse, where he had coverage responsibilities for insurance companies. Early in his career, Ostow was an associate in the FIG practice at UBS in New York.</p>
<p>&#8220;The insurance sector is currently undergoing enormous change, and we are seeing a significant pipeline of insurance-related transactions,&#8221; said Benett. &#8220;Michael brings enormous experience in insurance and every type of transaction, and I am confident he will add significantly to our ability to provide our clients with superior advice and execution.&#8221;</p>
<p>Ostow holds a BS from the Wharton School at the University of Pennsylvania and an MBA from Columbia Business School.</p>
<p>The UBS Financial Institutions Group is comprised of leading practice areas in banks, asset management, financial technology and exchanges, specialty finance, and insurance. UBS&#8217;s global FIG practice has worked on numerous high-profile transactions in capital markets and M&#038;A advisory over the past 12 months, including roles as lead financial advisor to PartnerRe on its $2 billion acquisition of PARIS RE; bookrunner on Wells Fargo&#8217;s $12.6 billion follow-on equity offering; financial advisor to AerCap Holdings on its $1.75 billion acquisition of Genesis Lease Ltd.; advisor to Sumitomo Trust on its $1.2 billion acquisition of Nikko Asset Management; and lead financing provider to CME Group for the $1.6 billion cash portion of its acquisition of NYMEX.</p>
<p>Headquartered in Zurich and Basel, Switzerland, UBS is one of the world&#8217;s leading financial firms. It serves a discerning, international client base with its wealth management, investment banking and asset management businesses. In Switzerland, UBS is the market leader in retail and commercial banking.</p>
<p>UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 38% of its employees working in the Americas, 34% in Switzerland, 15% in the rest of Europe and 13% in Asia Pacific. UBS employs more than 75,000 people around the world. Its shares are listed on the SIX Swiss Exchange, the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE). </p>
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		<title>Professional Virtual Assistant Services Launches New Website</title>
		<link>http://pressbio.com/professional-virtual-assistant-services-launches-new-website</link>
		<comments>http://pressbio.com/professional-virtual-assistant-services-launches-new-website#comments</comments>
		<pubDate>Fri, 25 Sep 2009 22:52:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Release - Business]]></category>

		<guid isPermaLink="false">http://pressbio.com/?p=19</guid>
		<description><![CDATA[2009-09-25 18:56:35 (EST) (PressBio.com &#8211; Business, Press Releases) PressBio &#8211; Press Release – Pro Virtual Assistant, a Philippine-based virtual assistant service company, launches a new website showcasing their services. This includes article writing services, link building services, search engine optimization services and virtual assistant services. Everyday, the list of tasks to be done in offices [...]]]></description>
			<content:encoded><![CDATA[<p>2009-09-25 18:56:35 (EST) (PressBio.com &#8211; Business, Press Releases)</p>
<p>PressBio &#8211; Press Release –  Pro Virtual Assistant, a Philippine-based virtual assistant service company, launches a new website showcasing their services. This includes article writing services, link building services, search engine optimization services and virtual assistant services.</p>
<p>Everyday, the list of tasks to be done in offices increases. As technology specializes, more tasks are assigned. Some people cannot cope with it. But what they do not understand is that they can outsource their processes rather than doing everything by themselves. This is where virtual assistants come in.</p>
<p>However, a common problem is outsourcing to virtual assistants who do not know what they are doing. There is no proof as to the results will be. With this, a lot of people are apprehensive in outsourcing their business processes. It is only in hiring a professional virtual assistant services will they feel at ease.</p>
<p>Pro Virtual Assistant is a professional virtual assistant service provider. The company currently has 50+ virtual assistants which are helping different web developers across the globe. Aira Bongco, the CEO of Pro Virtual Assistant, said that all these are in their goal to help other people succeed in their endeavors. Pro Virtual Assistant is not merely after delivering their services but they want to foster a good relationship with their customers.</p>
<p>This outlook is especially true in their roster of clients. They are proud to say that almost 4 out of 5 of their clients have stayed with them and continued to work with them up until now. Their difference is that they deliver value and results. As Aira Bongco said, “we do not stop in the mere satisfaction of our customers; we strive to help them achieve their dreams by doing everything in our power to help them succeed.”</p>
<p>Pro Virtual Assistant may be a new player in the field. But its value for its customers cannot be undermined. Even if they are only new, a lot of customers who are starting in the field of online marketing have chosen their services over others. And it is not only because of their budget-friendly prices. It is also because of the Filipino accommodation and happiness that they give to each and every customer.</p>
<p>Contact: Aira Bongco<br />
Email: admin@xceedagents.com<br />
Number: 0029292473<br />
Website: http://www.pro-virtual-assistant.com</p>
]]></content:encoded>
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		<title>TestAmerica Launches TotalAccess Version 3.7</title>
		<link>http://pressbio.com/testamerica-launches-totalaccess-version-3-7</link>
		<comments>http://pressbio.com/testamerica-launches-totalaccess-version-3-7#comments</comments>
		<pubDate>Fri, 25 Sep 2009 20:13:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Release - Business]]></category>

		<guid isPermaLink="false">http://pressbio.com/?p=4</guid>
		<description><![CDATA[2009-09-25 19:11:12 (EST) (PressBio.com &#8211; Business, Press Releases) TotalAccess Version 3.7 is the latest in a series of product improvements introduced by TestAmerica for its industry leading, online project management tool. With this latest version, TotalAccess users will see a fresh new design to the user interface and be introduced to new navigation, auto-fill search [...]]]></description>
			<content:encoded><![CDATA[<p>2009-09-25 19:11:12 (EST) (PressBio.com &#8211; Business, Press Releases)</p>
<p>TotalAccess Version 3.7 is the latest in a series of product improvements introduced by TestAmerica for its industry leading, online project management tool. With this latest version, TotalAccess users will see a fresh new design to the user interface and be introduced to new navigation, auto-fill search functionality, and security features.</p>
<p>“The evolution of the TotalAccess product is a direct result of the feedback we gain from the client users of the system. We’ve seen the number of subscribers to TotalAccess double over the past few months. It’s exciting to see our clients realize the benefits we intended to provide”, said Bryan Firestone, Chief Information Officer for TestAmerica.</p>
<p>Introduced in TotalAccess Version 3.6, a dynamic regulatory comparison tool allowed customers to compare their analytical data against any number of regulatory compound lists and associated limits. This feature now encompasses almost 300 individual State and Federal regulatory lists covering over 58,000 individual analyte comparison options.</p>
<p>The benefits of the TotalAccess online product are provided free of charge to all TestAmerica clients, providing them with secure full-time access to their data and project related information. Interested clients may view the TotalAccess demonstration site or request a live demonstration by going to www.testamericainc.com and clicking on the TotalAccess link located on the TestAmerica home page.</p>
<p>About TestAmerica</p>
<p>TestAmerica is the leading environmental testing firm in the United States, including 37 laboratories and 29 service centers. TestAmerica provides innovative technical expertise and comprehensive analytical testing services. Specialty analyses include source and ambient air, aquatic toxicity, explosives, specialty organics, dioxins, drinking water, sediments and tissues, emerging contaminants, radiochemistry and mixed waste testing.</p>
<p>TestAmerica affiliate companies include EMLab P&#038;K, the leader in analytical microscopy and indoor air quality; QED Environmental Systems, Inc., the leading supplier of groundwater sampling equipment and remediation pumping systems; TestAmerica Drilling Corp., provider of innovative environmental and geotechnical drilling; and TestAmerica Air Emissions Corp. (METCO Environmental), specializing in air emissions testing. TestAmerica currently employs nearly 2,800 professionals dedicated to exceptional service and solutions for our clients’ environmental testing needs.TestAmerica Launches TotalAccess Version 3.7</p>
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		<title>AviStar Airport Parking Offers Discounts to smart fortwo Owners</title>
		<link>http://pressbio.com/avistar-airport-parking-offers-discounts-to-smart-fortwo-owners</link>
		<comments>http://pressbio.com/avistar-airport-parking-offers-discounts-to-smart-fortwo-owners#comments</comments>
		<pubDate>Thu, 03 Sep 2009 19:37:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Release - Business]]></category>

		<guid isPermaLink="false">http://pressbio.com/?p=48</guid>
		<description><![CDATA[Avistar and smart cars]]></description>
			<content:encoded><![CDATA[<p>smart fortwo Owners Receive Half-Off Rates When Parking at 11 Facilities at 7 Airports Nationwide</p>
<p>    NEWARK, N.J., Sept. 3 /PRNewswire/ &#8212; AviStar/FastTrack Airport Parking<br />
announces an agreement with smart USA Distributor LLC, a subsidiary of<br />
Penske Automotive Group, Inc., to provide parking discounts to smart fortwo<br />
owners at 11 participating parking facilities at seven airports across the<br />
country. Owners of the revolutionary vehicle will receive a 50 percent<br />
discount off daily-posted parking rates at select airport parking<br />
facilities.</p>
<p>    At 61 inches wide and 106 inches long, the smart fortwo is a practical<br />
solution for Americans looking to find an easy way to park in cities across<br />
the country. In addition to being easy to park, the vehicle is attracting a<br />
significant number of buyers who want a solution to volatile gas prices, a<br />
way to reduce their environmental footprint and beat urban congestion in a<br />
package that is fun to drive.</p>
<p>    For smart fortwo owners traveling by plane, AviStar/FastTrack Airport<br />
Parking, a wholly owned subsidiary of Parking Company America Airports, LLC<br />
(PCAA) is offering half price parking on the daily rate at the following<br />
airports:</p>
<p>    &#8212;  Buffalo International Airport, 4099 Genesee St., Buffalo, NY<br />
    &#8212;  Chicago O&#8217;Hare International Airport, 3700 N. Mannheim Rd.,<br />
        Franklin Park, IL<br />
    &#8212;  JFK International Airport, 130-24 S. Conduit Ave., Jamaica, NY<br />
    &#8212;  LaGuardia Airport, 90-01 23(rd) Ave., East Elmhurst, NY<br />
    &#8212;  Newark Liberty International Airport, 472 Route 1 &#038; 9 South, Newark,<br />
        NJ<br />
    &#8212;  Newark Liberty International Airport, 498-512 Rt. 1 &#038; 9 South,<br />
        Newark, NJ<br />
    &#8212;  Newark Liberty International Airport, 176-192 McClellan St., Newark, NJ<br />
    &#8212;  Newark Liberty International Airport, 350-360 Carnegie Ave., Newark, NJ<br />
    &#8212;  Phoenix Sky Harbor International Airport, 4040 E. Van Buren, Phoenix, AZ<br />
    &#8212;  Phoenix Sky Harbor International Airport, 3622 E. Washington St.,<br />
        Phoenix, AZ</p>
<p>    &#8212;  San Francisco International Airport, 160 S. Produce Ave., S. San<br />
        Francisco, CA<br />
    smart fortwo owners simply visit<br />
http://www.airportcorporateparking.com/smartusa, print a coupon, drive to the<br />
select airport in his/her smart fortwo and present the coupon to the<br />
cashier. The discount will be applied when payment is rendered.</p>
<p>    &#8220;We are extremely pleased to partner with smart USA and excited to<br />
offer smart fortwo owners a 50 percent discount when parking at either our<br />
AviStar or FastTrack off-airport parking facilities,&#8221; said Ethan<br />
Spiegelberg, Chief Operating Officer. &#8220;We strive to provide our customers<br />
with fast, friendly service, and offer them a better value proposition<br />
compared to airport parking lots or taxi services. This smart<br />
USA/AviStar/FastTrack offer is a collaborative effort and our companies&#8217;<br />
way of rewarding our eco-friendly consumers.&#8221;</p>
<p>    AviStar/FastTrack Airport Parking offers additional services and<br />
amenities such as 24-hour shuttles to all terminals, free luggage<br />
assistance and free coffee and espresso in their lobbies. The<br />
AviStar/FastTrack Airport Parking promotion expires on October 31, 2009.</p>
<p>    AviStar/FastTrack began offering half price parking at New York City&#8217;s<br />
LaGuardia and JFK International Airports in March for 90 days with<br />
fantastic results, therefore creating a second campaign at a national level<br />
made logical sense for both parties.</p>
<p>    smart USA has sold more than 35,000 smart fortwos since January 16,<br />
2008. Currently there are approximately 8,000 smart owners in Buffalo,<br />
Chicago, New York City area, Phoenix and San Francisco, the markets<br />
included in this promotion.</p>
<p>    ABOUT AVISTAR AIRPORT PARKING</p>
<p>    Parking Company of America Airports, LLC (PCAA) is the largest<br />
owner/operator of airport parking services in the United States with 30<br />
airport parking centers and more than 45,000 parking spaces serving 20<br />
major U.S. passenger airports, including five out of six of the nation&#8217;s<br />
largest airports. PCAA&#8217;s parking service options include valet, self-park,<br />
covered, indoor and uncovered/outdoor parking, as well as express exit.</p>
<p>    ABOUT the smart fortwo and smart USA</p>
<p>    smart USA Distributor LLC, headquartered in Bloomfield Hills, Michigan,<br />
is the exclusive distributor of the smart fortwo in the United States and<br />
Puerto Rico and is a wholly owned subsidiary of Penske Automotive Group,<br />
Inc. The smart fortwo is a brand of and is manufactured by Daimler AG. This<br />
technologically advanced vehicle achieves 41 mpg on the highway and is an<br />
ultra-low emissions vehicle, as certified by the State of California Air<br />
Resources Board. The vehicle is 8.8 feet long, 5.1 feet tall and 5.1 feet<br />
wide and comes equipped with many functional and safety features found in<br />
most luxury models. smart is currently sold in 40 other countries, and more<br />
than one million smart fortwos have been sold since 1998. The 2009 smart<br />
fortwo is available in five trim levels ranging in price from $11,990* to<br />
$20,990*. For more information visit the smart USA website -</p>
<p>http://www.smartusa.com.</p>
<p>    * For 2009 models. Excludes tax, title, registration, destination<br />
charge, options and other dealer fees.</p>
<p>    smart is a registered trademark of Daimler AG.</p>
<p>    For additional information, visit:</p>
<p>http://www.smartusa.com</p>
<p>    http://www.avistarparking.com/fasttrack or ndisalvo@parkingcompany.com</p>
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