Galway, Ireland, May 29th, 2007

ÉireComposites Awarded Prestigious Nadcap Aerospace Accreditation

ÉireComposites Teo. www.eirecomposites.com (Galway, Ireland) today announced that it has been awarded Nadcap accreditation for composites processing, becoming only the second supplier of advanced composite structures in Europe to achieve this prestigious aerospace accreditation.

The accreditation follows in-depth auditing by the Performance Review Institute (PRI) and is in the category Composites Processing - which includes autoclave processing, highly-specialised liquid processing and thermoplastic press-forming techniques.

ÉireComposites will be exhibiting at the Paris Airshow, from June 18th to June 22nd , in Hall 3, stand E2.

"Nadcap accreditation represents a major achievement for ÉireComposites and will allow us to grow our business even further, particularly in the most high-tech composites sector - aerospace," said Dr. Conchúr Ó Brádaigh, Joint Managing Director of the company.

Accreditation at this elevated level provides a new platform for the company, allowing it to develop new relationships with OEMs and their fellow Nadcap accredited suppliers. The company already lists in its customer-base prestige companies such as Airbus, BAE Systems, Bombardier Aerospace, Spirit AeroSystems, Cytec Engineered Materials, Ratier Figeac and the Safran Group, all companies which operate at the forefront of aerospace and automotive manufacture and design.

"Statistical process control, quality and total traceability are key to our success and fundamental to the accreditation. We have had to prove to the auditors at all levels that our clients' specifications can be satisfied, from receipt to delivery and with full quality assurance, to meet the strict requirements of the standard. We are both pleased and proud to gain this recognition", said Dr. Ó Brádaigh.

ÉireComposites is believed to be the only Irish company and the second composites supplier in Europe to achieve the Nadcap accreditation. From a standing start just three years ago, the company's aerospace composites division has won important aerospace contracts and cites team spirit, specialist training and prompt delivery as core elements of its success. Business turnover has also grown significantly - by over 80% in the last year alone.

About ÉireComposites The company www.eirecomposites.com is a specialised advanced composites company that carries out design, tooling, manufacturing and testing of composite structures for the global aerospace, wind energy and transportation industries.

The company is based in a 35,000 sq. ft. factory in An Cheathrú Rua, Co. Galway, Ireland. Manufacturing facilities include autoclave processing, thermoset liquid moulding and thermoplastic composite press-forming. Design facilities include seats of CATIA V5 and finite element analysis programmes such as PATRAN and NASTRAN.

ÉireComposites also holds AS/EN-9100 and EN 9001:2000 accreditations for composites design and manufacturing, and ISO 17025 accreditation for composites testing through its subsidiary company Composites Testing Laboratory www.ctlcomposites.com

About Nadcap - According to the Performance Review Institute www.pri-network.org , Nadcap is the leading worldwide cooperative program of major companies designed to manage a cost effective consensus approach to special processes and products and provide continual improvement within the aerospace industry. Nadcap is the PRI's brand name for the industry-managed program for special processes in the aerospace industry. It is no longer an acronym - Nadcap used to be an acronym NADCAP (National Aerospace and Defence Contractors Accreditation Program) - but was changed to Nadcap in recognition of the internationalisation of the program. The stated mission of Nadcap is to provide international, unbiased, independent manufacturing process and product assessments and certification services for the purpose of adding value, reducing total cost, and facilitating relationships between primes and suppliers