Cessna & Bye Energy to Promote Cessna 172 Electric Propulsion System at NBAA 2010

DENVER, Colorado – October 18, 2010 - Bye Energy, Inc. and Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, will promote their collaborative effort to develop an electric propulsion system for a Cessna 172 Skyhawk during the annual meeting and convention for the National Business Aviation Association taking place Oct. 19-21, in Atlanta.

Bye Energy is developing electric and electric-hybrid propulsion systems for light general aviation aircraft, announcing The Green Flight Project (www.TheGreenFlightProject.aero) earlier this year. The company is planning to fly an electric-powered Cessna 172 Skyhawk proof of concept in the first quarter 2011.

George Bye, CEO of Bye Energy, said process and development for first flight of the electric Cessna 172 are well underway. "This is an ambitious effort, but we are continuing to uncover additional efficiencies with electric-powered flight," he said. "We are grateful to Cessna for its continued collaboration and support."

Cessna Chairman, President and CEO Jack J. Pelton said: "Bye Energy's progress toward first flight of the electric Cessna 172 demonstrator is encouraging news for the future of mainstream general aviation."

Bye and Charlie Johnson, COO of Bye Energy and former president of Cessna, will be at the Cessna booth #B2943 inside the convention center during NBAA 2010 on Wednesday, Oct. 20, from 2:30 to 3:30 p.m. to answer media questions and provide additional technical information about The Green Flight Project.

For more information about NBAA 2010, go to www.NBAA.org.

About Bye Energy
Formed in 2008, Bye Energy is developing an electric and electric-hybrid propulsion system for light general aviation aircraft, announcing “The Green Flight Project” (www.TheGreenFlightProject.aero) earlier this year. The company is also collaborating with Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, to design and develop and electric propulsion system for a Cessna 172 proof of concept aircraft. Bye Energy is headquartered on Centennial Airport in Englewood, Colo., and also has offices in Scottsdale, Ariz., and Albuquerque, N.M. For more information, go to www.ByeEnergy.com.

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