Limco-Piedmont Inc. Announces New Program

TULSA, Okla., April 17 /PRNewswire-FirstCall/ -- Limco-Piedmont Inc.
(Nasdaq: LIMC) announced today that its Limco-Airepair subsidiary has been
selected to provide heat transfer components for the recently announced
Gulfstream G650. See the press release announcing the G650 at
www.gulfstream.com/news/releases/2008/031308.htm.
"Our selection as a supplier on this leading edge aircraft, is evidence of
the faith OEM customers have in Limco's capabilities," said Shaul Mencahem CEO
of Limco-Piedmont. "We provide components of this type on a number of Boeing
platforms and are encouraged that we were able to expand our presence to the
new class of airframe that the G650 represents. We are excited by this
partnership and look forward to working with Gulfstream on other projects"
About Limco-Piedmont Inc.
Limco-Piedmont Inc. provides maintenance, repair and overhaul, or MRO,
services and parts supply services to the aerospace industry. Limco-Piedmont's
four Federal Aviation Administration certified repair stations provide
aircraft component MRO services for airlines, air cargo carriers, maintenance
service centers and the military. Limco-Piedmont specializes in MRO services
for components of aircraft, such as heat transfer components, auxiliary power
units, propellers, landing gear and pneumatic ducting. In conjunction with
Limco-Piedmont's MRO services, Limco-Piedmont is also an original equipment
manufacturer of heat transfer equipment for airplane manufacturers and other
related products. Limco-Piedmont's parts services division offers inventory
management and parts services for commercial, regional and charter airlines
and business aircraft owners.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements that are subject to
risks and uncertainties. Factors that could cause actual results to differ
materially from these forward-looking statements include, but are not limited
to, general business conditions in the airline industry, changes in demand for
our services and products, the timing and amount or cancellation of orders,
the price and continuity of supply of component parts used in our operations,
and other risks detailed from time to time in our filings with the Securities
Exchange Commission, including our Quarterly Report on Form 10-Q. These
documents contain and identify other important factors that could cause actual
results to differ materially from those contained in our projections or
forward-looking statements. Stockholders and other readers are cautioned not
to place undue reliance on these forward-looking statements, which speak only
as of the date on which they are made. We undertake no obligation to update
publicly or revise any forward-looking statement.
SOURCE Limco-Piedmont Inc.

Shaul Menachem, Chief Executive Officer, Limco-Piedmont Inc., +1-918-445-4300