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Lockheed Martin Grants Delegated Source Inspection Authority to Parvus Corporation for Exceptional Quality and Schedule Performance on F-22 Raptor Program

Apr 29, 2004

SALT LAKE CITY � April 29, 2004 � Parvus� Corporation today announced that Lockheed Martin Aeronautics Company has recognized Parvus as a �Quality Select� supplier and granted the company authority to perform �Delegated Product Acceptance.� This recognition comes as a result of Parvus� 100% quality rating and exceptional schedule performance throughout the past year, during which Parvus manufactured electronic subsystems of the F/A-22 Raptor aircraft for Lockheed.

�Parvus is now among the less than two percent of Lockheed�s 4800 suppliers that have achieved this designation,� said Parvus Founder and CTO, Troy Takach. �After consistently delivering 100% quality and 100% on-time delivery for Lockheed, Parvus now has delegated source inspection authority. Some suppliers have worked for Lockheed for 25 years and have still not accomplished this.�

As a result of becoming a �Quality Select� supplier, authorized inspection delegates at Parvus are now empowered to perform final product acceptance before shipping products to Lockheed. This authority provides Parvus with greater autonomy and flexibility, together with reduced oversight of products and processes.

Parvus utilizes an ISO 9001:2000 registered quality management system to design and manufacture its Commercial Off the Shelf (COTS) electronics hardware and embedded computer systems. In addition to manufacturing subsystems onboard the F-22, Parvus has produced board-level and system-level solutions for the F-15, F-14, EA-6B, E4-B, T-38, QF-4, B1-B, 727, and many other airframes, as well as hundreds of other applications outside of the defense and aerospace industry.

ABOUT PARVUS

Parvus Corporation is a leading North American manufacturer and systems integrator of modular computer boards, enclosures, displays and embedded systems based on the PC/104 circuit board standard. Parvus offers rugged embedded computing solutions ideal for avionics, military, industrial, transportation, and medical OEMs. For more information, visit http://www.parvus.com or call 801.483.1533.

ABOUT LOCKHEED MARTIN AERONAUTICS

Lockheed Martin Aeronautics Co., a business area of Lockheed Martin, is a leader in the design, research and development, systems integration, production and support of advanced military aircraft and related technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117, C-5, C-130, C-130J, P-3, S-3 and U-2. The company produces major components for the F-2 fighter, and is a co-developer of the C-27J tactical transport and T-50 advanced jet trainer.

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