NEWTOWN, Pennsylvania --- July 19, 2000 --- R. Ted Brant, Chairman and
Chief Executive Officer of b-Fast Corp., formerly Aero Services
International, Inc., a Louisiana corporation, died on June 28, 2000 in
Morgantown, West Virginia. Brant served as Chairman and CEO of b-Fast
for six years in addition to serving as President and Director of Transtech
Holding Company, Inc. and was an officer and director of several other
companies.
Effect on b-Fast: A meeting of Directors was held on July 11, 2000,
pursuant to the corporation's bylaws and in accordance with the Business
Corporation Law of Louisiana, to elect new officers to fill vacant positions
resulting from Brant's death. The Directors vote resulted in Richard W. Brant
being named to fill the vacancy on the Board. Richard Brant is the son of
Mr. Brant. Maurice A. Lawruk, a current Board member, will assume the
position of Chairman of the Board. Bobby Ray Adkins, a Director and former
Chief Operating Officer, was named President and Chief Executive Officer and
nominated to the Audit Board. The position of Chief Operating Officer vacated
by Mr. Adkins was not filled. Each new appointee will remain in his new
office until the next annual election and until their successors are duly
elected and qualified.
About b-Fast: b-Fast is a diversified company that supplies ground support
services for general aviation aircraft at airports located in Harrisburg,
Pennsylvania, and Morgantown, West Virginia, with its facilities more
commonly referred to as "Fixed Base Operations" or "FBOs." b-Fast provides
on demand "line services" for the general aviation fleet that includes the
fueling, ground handling and storage of aircraft along with the subleasing
of hangar and office space to tenants. In conjunction with its general
aviation activities, b-Fast also provides, on a contractual basis, ground
support services for commercial airlines, which primarily include fueling
and de-icing. In addition to providing services for general aviation
aircraft and commercial airlines, b-Fast is also involved in the
motorsports industry.
