Antonio Valdes Chief Executive Office - President avaldes@lakeamphibians.com

Larry Gould Chief Operating Officer - Vice President lgould@lakeamphibians.com

Lake Aerospace, Inc. PO Box 630517 Miami, FL 33163-0517 www.lakeamphibians.com 305-935-9101

Lake Aerospace, Inc. Fact Sheet

ABOUT LAKE AEROSPACE, INC.• Formed in 2009 to re-start production of Lake

amphibian aircraft.• Validated demand for over 240 aircraft from 12 foreign

governments, international agencies, four U.S. federaland five state agencies.

• Global strategy of system integration to meet multi-mission demands.

• Owners/founders background in special operations, lawenforcement, systems design/integration andmodification.

• Significant Partnership/investment opportunity toleverage global demand for aircraft and relatedsystems.

ABOUT THE SEAWOLF

The SEAWOLF is an aircraft of conventional riveted aluminumconstruction with particular attention paid to its role as a boat-hulled amphibian. It has a watertight hull designed to operateefficiently in the air as well as in the water. In the sealed hull arefive (5) separate watertight compartments constructed of heavygauge aluminum skins and bulkheads for strength. This 28-foot(8.6 meter) boat is capable of withstanding countless landings inopen water at speeds of 50 to 60 knots. The strakes on thebottom of the hull add strength, facilitate transition fromdisplacement to the step and enhance maneuverability whilestep-taxiing. The deep "V" of the hull allows the SEAWOLF tooperate effectively in rough water.

The SEAWOLF is not a landplane converted to seaplane use, butis designed and built as an amphibian from the ground up. Everypart is alodined or custom coated, then primed prior toassembly.

• Short Take-Off and Landing Capabilities• The SEAWOLF offers exceptional short field/small water

performance. • The boat shaped hull allows for circular take-offs and

landings.• The SEAWOLF can be easily and quickly disassembled and

loaded onto a transport aircraft or ship for special rapid deployment to distant theaters of operation.

Maritime Patrol Border Patrol River Patrol

Search and Rescue Drug Interdiction Anti-Smuggling/Piracy

Air Ambulance Immigration Control Law Enforcement

Powerline/Pipeline Patrol Special Operations Fish & Wildlife

Remote Sensing Pollution Monitoring Research

Aerial Surveillance Aerial Mapping Aerial Photography

ASW Acoustic Detection NVG Operations Remote Logistics

P3 Orion

MQ-1 Predator

Rq-4 Global Hawk

Beechcraft

King Air

OH-58 Kiowa

Bell 206 Jet Ranger

HH-65 Dolphin

Cessna 185

Cessna T-206

De Havilland Twin Otter

STRONG GLOBAL DEMAND FOR LAKE AIRCRAFT

46 Aircraft

78 Aircraft

35 Aircraft

55 Aircraft

32 Aircraft

Proven Performance for Today’s Mission Requirements

Order Interest From 12 Foreign Governments & International Agencies

SEAWOLF’S COMPETITIVE POSITION

SEAWOLF CIRCULAR TAKE-OFF AND LANDING

SEAWOLF MISSION PROFILES

Proven Performance for Today’s Mission Requirements

AMPHIBIOUS CAPABILITYLONG RANGE / ENDURANCE

• 1500 nm (2778 km) / 14.0 hrs (30 min reserve)

LOW OPERATING COST

• ~$100/hr

EXTERNAL STORES

• (4) underwing hardpoints will accommodate standard14" NATO masts to carry a variety of stores: Search &Rescue Pods, Long Range Fuel, Surveillance Equipment,Cargo Pods, Flare Dispensers, Supply Drop, LightWeaponry, and more.

SURVEILLANCE

• Gyro Stabilized Thermal Imaging (FLIR) and Color TV,Digital Multi-Spectral Imaging, Radar, UV Imaging, StillPhotography, ASW Acoustic Detection, NVG Cockpit,SATCOM/NAV, are just some of the systems that can beintegrated, processed, recorded, and/or downlinked.Oil/Water samples can also be collected using touch-and-go techniques.

LAKE AEROSPACE REPRESENTS AN ATTRACTIVE

PARTNERSHIP OPPORTUNITY

Unique aircraft platform at a significantly lower cost thancompeting products.

Multi-mission airframe can be fitted with FLIR, SyntheticAperture Radar, Communications Intercept, Air-to-GroundCommunications links and a variety of Armaments:

• Surveillance

• Search and Rescue

• Armed Interdiction

• Air Ambulance

• C3I

Systems installation and systems integration opportunitiessignificantly enhance aircraft value, market opportunities andpotential profit margins.

SYSTEMS AND SYSTEM COMPONENTS

FLIRISR SYSTEMS

ROCKET POD

GUN PODPHOTO-RECON POD

ECM POD

COMM AUDIO MANAGEMENT AND CONTROLS

SYNTHETIC APERATURE RADAR

NATO HARDPOINTS

LAKE AEROSPACE, INC. CONTACT INFORMATION PO Box 630517Antonio Valdes Larry Gould Miami, Florida 33163-0517Co-Founder & CEO - President Co-Founder & COO - Vice President www.lakeamphibians.comavaldes@lakeamphibians.com lgould@lakeamphibians.com 305-935-9101

Proven Performance for Today’s Mission Requirements

SEAWOLF IS A COMPELLING VALUE PROPOSITION

• Attractively Priced• Fuel Efficient• Tough and Reliable• Up to 14 Hour Endurance• Easy and Safe• Low Operating and Maintenance Costs

The Seawolf combines efficiency and flexibility to providemultiple government and military capabilities better thanany other aircraft.

COMPANY BACKGROUND

• Lake Aerospace was formed in July 2009 by Antonio Valdes and LarryGould as the acquisition company for FAA Type Certificate 1A13, theother assets of Revo, Inc., (Lake Aircraft) and its full line ofamphibian aircraft.

• The company has established strong customer relationships, anextensive backlog of order interest for aircraft with a proven trackrecord of reliability and performance

• Lake Aerospace senior management consists of Co-founder andPresident Antonio Valdes and Co-founder and Vice President LarryGould. Messrs. Valdes and Gould have extensive backgrounds inmilitary special operations, law enforcement and communicationstechnology related companies.

NEW MANUFACTURING FACILITY

• Lake’s operational plan will focus on the set up of the Company’sprospective new manufacturing facility and is expected to takeapproximately 45 days to complete.

• Lake expects to be capable of building up to 100 aircraft per year.• Improvements in computer pneumatic controls on the production

line are expected to reduce manufacturing time by 30%.

PRODUCTION AND BUSINESS NORMALIZATION

• The production of the first plane is expected within seven (7) monthsof start-up.

• Below is a timeline detailing Lake’s production plan with keymilestones:

ROLL OUT AND INITIAL PRODUCTION PLAN TIMELINE

PREPARATION OF THE NEW

MANUFACTURING FACILITY PLANT SET-UP INSTALLATION

AND PRE-PRODUCTION PRODUCTION AND

BUSINESS NORMALIZATION

DAY 1 - 45 DAY 20 – 120 DAY 90 - 120

EVENTS EVENTS EVENTS

BUILDING MODIFICATION SETUP MANUFACTURING PLANT STARTUP OF PRODUCTION

MANUFACTURING PLANT MODIFICATION SETUP OF ADMINISTRATION/ OPERATIONS /

MANAGEMENT FUNCTIONS SOLIDIFYING OF ORDERS

DESIGN AND CONSTRUCTION

• Amphibious aircraft of conventional riveted aluminumconstruction.

• Boat-hull design provides exceptional on the watermaneuverability.

• Hull strakes improve on-step performance and roughwater handling.

• Mid-Wing design aft of cabin affords excellent visibility.• Powered by the proven Textron Lycoming TIO-540

engine.• Pusher configured propulsion improves ground safety

and maneuverability.• Very low noise profile permits a stealthy approach.• Three door cabin access facilitates the loading of crew

and cargo.• Quick change cabin configuration, adaptable to a

multitude of roles.• Standby 28-volt electrical system and instrument panel

bus.• Standby hydraulic system.• Pushrod activated control surface for positive flight

control.• Rugged tricycle landing gear with a reliable trailing beam

suspension.• Underwing NATO hardpoints can support 100 kg inboard

and 50 kg outboard.

HISTORY

Lake Amphibians come from the successful design teams of RepublicAircraft and Grumman Corporation. With origins rooted in suchgreat amphibious aircraft as the Goose, Widgeon, Mallard, andAlbatross, our company flew our first model (Skimmer) in early 1948.The Skimmer was subsequently FAA certified in 1955 as the first in aseries of successful boat hulled amphibious aircraft.

In the ensuing years, new improved models with higher horsepowerand increased seating capacity were introduced, each building onthe success of the previous model.

The SEAWOLF is the 7th generation of this proud line of amphibiousaircraft.