MEDIA RELEASE

For immediate release

Stratech’s iFerretTM Receives FAA Approval

Singapore, 25 April 2012 – Singapore Exchange Mainboard-listed Stratech Systems Limited today

announces that the US FAA (Federal Aviation Administration) has published its Performance

Assessment Report on the Company’s iFerret

(Foreign Object & Debris) Detection System.

Dated March 2012, the report states that iFerret

Advisory Circular (“AC”) 150-5220-24

Equipment

foreign objects in airports and provides guidance and specifications for the procurement of airport

FOD detection equipment.

Stratech Executive Chairman, Dr David K.M. Chew, explained: “In the aviation industry, FAA

accreditation is important. To use an analogy, it is like a pharmaceutical product that has received

FDA (Food and Drug Administration) approval, and is now officially licensed for sale.”

The report’s publication is significant because compliance with the AC is mandatory for US

airports acquiring FOD detection equipment through the Airport Improvement Program (AIP)

the Passenger Facility Charge (PFC) Program. The AIP provides grants to qualifying airports for

improvement projects that enhance airport safety, capacity, security, and environmental concerns.

The latter allows the collection of PFC fees, commonly known as airport tax, to fund approved

projects. Airports are now able to use these funds to offset the cost of installing iFerret™.

Previously, there had been no technology, financing or regulations for automated FOD detection,

and airports relied on the FAA or ICAO (International Civil Aviation Organization) mandated

daily manual sweeps, which are inadequate and inefficient. Dr Chew pointed out that in recent

years the FAA has begun providing directions on specifications and funding of FOD detection

systems, and these have subsequently been adopted as the de-facto standards by many airports

globally. The accreditation of iFerret™ therefore opens up huge opportunities in this rapidlydeveloping

market.

FOD refers to articles or wildlife found on runways, taxiways or aprons that could potentially

cause injuries or damage to aircraft. An example of a fatal incident involving FOD was the Air

France Concorde jet crash in 2000, when 113 lives were lost. FOD also reportedly incurs an

estimated US$4 billion in repair and maintenance costs annually, and up to US$13 billion per yearTM intelligent Airfield/Runway Surveillance and FODTM fulfils requirements identified in the FAA1, Airport Foreign Object Debris (FOD) Detection. The AC contains the performance specifications for systems and equipment that detect2 or

In the AC, it is stated that “use of this AC… is mandatory for all FOD detection equipment acquired through the

Airport Improvement Program (AIP) or the Passenger Facility Charge (PFC) Program.”

In this website explaining the AIP, it is stated that “For large and medium primary hub airports, the grant covers 75

percent of eligible costs… For small primary, reliever, and general aviation airports, the grant covers 95 percent of

eligible costs.” It also mentioned that the grant is provided to “public-use airports that are included in the

Plan of Integrated Airport Systems (NPIAS)National”, which “identifies nearly 3,400 existing and proposed airports”.

stratech systems

limited

including associated costs like flight delays and cancellations lost productivity and revenues

potential liabilities and damaged reputations.

Dr Chew added, “The FAA approval is a major boost towards strengthening iFerret

the international aviation market. This market includes a tremendous number of IATA

(International Air Transport Association) listed airports globally

single market. The iFerret