SUNRISE, Fla., Dec. 19, 2011 /PRNewswire/ -- AvWorks Aviation
(OTCQB:SPLI) (AvWorks), formerly Datamill Media Corp., announces a
cooperative Management Advisory Agreement, in which AvWorks
Aviation and Precision Aircraft Dismantling (Precision) of
Jacksonville, Florida, have agreed
that AvWorks will manage Precision's administration,
financial, sales and ground operations from AvWorks Aviation's
headquarters in Sunrise,
Florida.
Joel Young, President and CEO of
AvWorks Aviation, states, "This agreement builds on the active
relationship between us." "Precision operates an
aircraft salvage process like no other, and we believe their
process will provide an enduring revenue stream pursuant to the
terms of our Agreement." "AvWorks team will identify the
salvageable assets and will oversee the entire process from
scrapping, to quality control, to inventory and asset liquidation,"
says Young.
"Thousands of planes are reaching the end of their asset life
cycle over the next five to ten years, and Precision is
well-positioned to benefit from this progression," Young continues,
"This Agreement is a testament to our goal of building business
relationships that will provide our customers with value added
services, increase our network of airfield and operator contracts,
enhance our parts inventory and increase our revenues."
AvWorks Aviation is a diversified aviation and aerospace Company
that operates across multiple sectors and services; including
supply chain support, maintenance, manufacturing, asset management,
dismantling, specialty supply, technical data and aircraft fleet
solutions.
Precision Aircraft Dismantling, a private company, performs
proprietary, low-environmental impact aircraft dismantling,
providing airfield managers and aircraft owners with an affordable,
eco-friendly alternative to traditional parts reclamation.
About AvWorks Aviation:
AvWorks Aviation Corp. (OTCQB:SPLI), formerly Datamill Media
Corp., and its wholly owned subsidiary, Young Aviation, operate as
a diversified broker and supplier of parts and services to the
worldwide aviation and aerospace markets. The Company services a
broad range of clients such as aircraft leasing companies, major
airlines, repair stations, fixed-base operators, leasing companies
and aftermarket suppliers. For more information please visit
the Company's web site www.avworksaviation.com.
FORWARD-LOOKING DISCLAIMER
This summary contains forward-looking statements that address
future events and conditions concerning the company's business
plans. Such statements are based on management's current
expectation and are subject to a number of factors and
uncertainties, such as future economic conditions and changes in
anticipated revenues and costs, which may cause actual results to
differ materially. The company expressively disclaims any future
obligation or undertaking to update or revise any forward-looking
statements contained herein. Investors and potential investors
should independently investigate and fully understand all risks
before making investment decisions.
For more information contact AvWorks Aviation at:
Phone (954) 749 -
0487
info@avworksaviation.com
www.avworksaviation.com
SOURCE AvWorks Aviation Corp.