PORTLAND, OR, — April 17th, 2012 — Precision Conversions, LLC (Precision) is pleased to announce that the company has received an award to provide SF Airlines with further full 15-cargo position 757-200PCFs. SF Airlines, based in Shenzhen, China, currently operates Precision Conversions 757-200PCFs and has been steadily growing over the past several years.

All of the 757-200PCF modifications will take place at the Taikoo Aircraft Engineering Co. Ltd. (TAECO) maintenance facility in Xiamen. TAECO has been a modification partner for Precision Conversions since 2009.

Steven Thomas, Precision Conversions’ President said, “We are simply delighted to be awarded this order by SF Airlines and are pleased to be a continued integral part of their expansion efforts.”

Precision Conversions has redelivered a total of thirty three (33) 757-200PCF freighters operating in Europe, North and South America, India, Africa, and P.R. China.

About Precision Conversions, LLC

Precision Conversions, LLC (www.precisionaircraft.com) maximizes the utility, service life, revenue potential and residual value of the B757-200 as a freighter for its aircraft Owners and Operators The company maintains its executive offices and operations in Portland, Oregon with an additional marketing and sales office in North Carolina.