Terrafugia eNewsletter #15

September 2, 2009

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Hello from Terrafugia

Welcome to the Terrafugia eNewsletter.  These are exciting times for General Aviation and for our company -- your interest is certainly appreciated.  This newsletter is sent out periodicallly to share our updates with the aviation community as we progress towards the first delivery of the Transition
® Roadable Light Sport Aircraft in 2011.

If you have questions about Terrafugia or the Transition®, please feel free to send us an email at info@terrafugia.com .  We also appreciate your spreading the news by forwarding this email to a fellow aviation enthusiast.  You can read past issues and sign up for yourself at:www.terrafugia.com/newsletter.html

With the sustained first flight buzz has come a substantial increase in airframe reservations for the Transition.  If you are interested in reserving your own place in production, please email us at sales@terrafugia.com or see www.terrafugia.com/order.html

Best regards,

~The Terrafugia Team

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Report from Oshkosh 2009

This summer marked Terrafugia's fourth year as exhibitors at the EAA AirVenture in Oshkosh, WI.  By all accounts it was our best yet.  We continue to be a major draw: with overall show attendance up from last year, calm moments were few and far between around the Proof of Concept for the entire week.  Thank you to all of you that came by to show your support!  Appearances by the Airbus 380, Burt Rutan's WhiteKnightTwo, and the crew of US Airways Flight 1549 highlighted the week's events. Terrafugia's CEO & CTO Carl Dietrich also gave two very well-attended forums over the course of the week describing the testing program that the Proof of Concept completed this past spring.

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You Can Help!

Terrafugia was recently nominated for a prize being offered by American Express and NBC Universal called "Shine A Light".  The goal is to recognize a small business that is inspirational, innovative, and committed to its customers.  The prize is $100,000 in cash and prizes.  To show your support and "Shine A Light" on Terrafugia, please go to http://tinyurl.com/TFshine.  In the top left corner is a blue rectangular button that says "Support This Story".  After you click on that, you will be given a choice of signing in or registering.  If you are new to iVillage, you will have to register for your vote to count.  (Terrafugia is not affiliated with iVillage or with the Shine A Light competition.)

The deadline for endorsements is September 13, 2009, so don't delay!  We appreciate your support!


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Technical Update     

Thanks to some new corporate sponsors, including ANSYS and Dassault Systemes, Terrafugia's engineering team has been able to apply the latest in computational modeling to the optimization and design of the next Transition
® to be built, the Beta Prototype.  By using these sophisticated tools for modeling the air flow around the vehicle (with computational fluid dynamics, or CFD) and the way the structure of the plane carries loads (with finite element analysis, or FEA), our team is able to take the Transition® to the next level.  The image at right is a model of the Proof of Concept in flight.  By comparing actual flight test data to the computational models, we were able to fine-tune the analysis to within 1%, making this a very useful tool.

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Congratulations to Carl Dietrich

All of us at Terrafugia would like to extend congratulations to our CEO & CTO, Carl Dietrich.  He was recently named one of the Boston Business Journal's "40 Under 40" which honors young movers and shakers in the Boston-area business community.  Says the BBJ, "They're young, smart and already have proven themselves in corporate and civic life."  We couldn't agree more!

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Upcoming Public Event

While Terrafugia is focusing this fall on the Beta Prototype, we do have one more public event on the calendar.  The Proof of Concept aircraft will be on static display at Lawrence Municipal Airport (KLWM) in North Andover, MA on Sunday September 13 for the EAA 106 NorthEast LSA Vendor Showcase.  The event runs 9am - 4pm and will include presentations and displays from a number of Light Spot Aircraft manufacturers.  More information can be found at http://eaa106.org

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This newsletter contains forward-looking statements.  Information contained here and in all published performance predictions for the Transition® are preliminary and subject to change without notice.  Please see www.terrafugia.com for the most up to date information.

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