Terrafugia – The Transition® Roadable Aircraft Receives

FAA Grants Terrafugia Extra Takeoff Weight for Road Safety Features

Woburn, MA — June 17, 2010: Terrafugia, Inc., developer of the Transition ® Roadable Aircraft, or “Flying Car”, has received an exemption from the FAA to allow the Transition ® a maximum takeoff weight (MTOW) of 1430 pounds (650 kg). This additional weight accommodates the structure and equipment necessary for compliance with the Federal Motor Vehicle Safety Standards (FMVSS) which are not found in other Light Sport Aircraft. Items such as airbags, an energy absorbing crumple zone, and a protective safety cage will increase safety both on the road and in the air. Exclusively applicable to the Transition ® , the FAA’s grant of an additional 110 pounds will allow a competitive useful load while providing a revolutionary level of crash safety in a Light Sport Aircraft.

By giving pilots a convenient ground transportation option, the Transition ® reduces the cost, inconvenience, and weather sensitivity of personal aviation. In addition to the enhanced protection afforded by applying automotive crash safety technology to light planes, the Transition ® reduces the potential for an accident by allowing pilots to drive under bad weather instead of potentially flying into marginal conditions.

Classified as a Light Sport Aircraft, the Transition ® requires a Sport Pilot certificate to fly and is designed to drive on public roadways and park in a standard garage. Terrafugia successfully completed flight and drive testing of its Proof of Concept Transition ® in 2009. Refundable airframe reservations are being accepted with first delivery scheduled for late 2011.

Computer graphics of the production prototype design will be unveiled at a press conference at 10:30 a.m. on July 26, 2010 at Terrafugia’s exhibit at EAA AirVenture in Oshkosh, WI.

Terrafugia (terra-FOO-gee-ah), based in Woburn, MA, is comprised of a team of award-winning engineers who have been advancing the state of personal aircraft since 2006. Founded by five pilots who are graduates of MIT and supported by a world-class network of advisors and private investors, Terrafugia’s mission is the innovative expansion of personal mobility. “Terrafugia” is Latin for “escape from land.”

Terrafugia would like to thank the EAA, the Aircraft Owners and Pilots Association (AOPA), the Light Aircraft Manufacturers Association (LAMA), & Women in Aviation International (WAI) for their support.

For more information or to schedule an interview, contact Richard Gersh at Terrafugia: +1-781-491-0812, visit http://www.terrafugia.com , or e-mail: press @terrafugia.com

Images may be downloaded from http://press.terrafugia.com

FAA Docket ID: FAA-2009-1087

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