News Release

Asset Insight and SAI Valuations merge

Asset Insight, Inc. and SAI Valuations, LLC announced today that the companies have agreed to merge. The new, combined entity will be named Asset Insight, LLC, headquartered in Las Vegas, NV, with offices in Chicago, IL, Amissville, VA, Portsmouth, NH, Vienna, Austria and London, England. Merger of the two companies is effective immediately, and Asset Insight, LLC will be led by:

- John Spoor as chairman (formerly founder and CEO of SAI Valuations, LLC).

- Anthony “Tony” Kioussis as president and CEO (formerly president and founder of Asset Insight, Inc.).

- Barbara Spoor as executive vice president (formerly founder and corporate vice president of SAI Valuations).

Operations of the two companies, including web-based aircraft valuation tools, aircraft maintenance analytics, the Aircraft Graybook, and the Asset Grading System Process, and accredited aircraft valuation appraisals, will be combined over the coming weeks. The resulting collection of tools available to the aviation industry will provide aircraft owners, individuals seeking to acquire or sell an aircraft, financial services companies, business aircraft managers, flight department managers, and aircraft asset portfolio managers, the most comprehensive assemblage of valuation and maintenance analytics and resources ever available in the aviation marketplace.

"Independently, both companies cultivated reputations for thorough research, experienced analysis, robust product offerings, and long-term customer relationships. Asset Insight, LLC will command a unique position in the asset valuation market," stated John Spoor, chairman of Asset Insight, LLC. "Upon merger of operations, Asset Insight will be able to offer the most complete picture of aircraft value available in the industry."

Announcements will follow in the coming weeks detailing the evolution of the merged Asset Insight product line and service offerings. However, Asset Insight's emerging body of tools will leverage the proprietary Asset Grading System Process that provides a uniform methodology for evaluating and grading an aircraft's maintenance condition, as well as the aircraft, aviation business, facilities, machinery and equipment, and technical consulting experience of the parties.

"I wouldn't expect any of the existing products or services to fall away. Rather, we see a very real opportunity to bring existing and new services to the market that more fully utilize technology, and the specialization of the merged company's team, to make them more valuable to aircraft owners, buyers and sellers," said Tony Kioussis, President & CEO.

"This merger is a textbook illustration of the term synergy; the merger of SAI Valuations and Asset Insight equals more than just the sum of the two companies. Together we're positioned to employ significant amounts of data to bring new levels of information to the market, reducing our customer's risk and improving the certainty with which they move through their aircraft management and buy-sell decisions."