Terrafugia Newsletter

Issue #2
July 19th, 2006

If you have trouble viewing this e-mail,
please go to http://www.terrafugia.com/news

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Welcome!

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Hello again from Terrafugia!

For those of you who are new to the mailing list since our first update on May 14, 2006, you can view previous letters at www.terrafugia.com/news .

This newsletter is sent out periodically to keep you updated on our progress toward delivering the Transition personal air vehicle (PAV), with both technical and non-technical news and events.

If you have any questions about Terrafugia or the Transition, please feel free to send us an email at info@terrafugia.com.

If you are ready to discuss placing a deposit for the Transition, contact us at sales@terrafugia.com.

If you're going to be at Oshkosh, we'll see you soon!

-The Terrafugia Team

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EAA Airventure - Oshkosh, WI

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The annual EAA AirVenture fly-in for 2006 at Oshkosh, WI is fast approaching. Terrafugia will be there as promised for the full week (July 24-30) in Booth 118. We will be displaying the 1/5th scale wind tunnel model of the Transition that completed its testing in the Wright Brothers Wind Tunnel at the Massachusetts Institute of Technology (MIT) this spring (see the 5/14 update for more). Also, you will be able to reserve your place in the delivery order for the Transition by placing a $7,400 deposit at Oshkosh. This represents 5% of the anticipated purchase price of $148,000.  This is an introductory offer, and it is valid only through Oshkosh at this time. All deposits will be held in interest-bearing, fully-refundable, escrow accounts at Bank of America until such time as Terrafugia is able to begin production of your vehicle and a final sales agreement is signed.

In addition to our own space at AirVenture, Terrafugia has been asked to join the exhibit hosted by the CAFE Foundation, creators of the Personal Air Vehicle Centennial Challenge http://cafefoundation.org/v2/pav_home.php. At both locations you will be able to help us get to you know you better by filling out a survey or comment card.

For those of you lucky enough to be able to join as at Oshkosh next week, look for us not only at our booth and with the CAFE Foundation, but also at the following talks:

- Friday, July 28, 7p - Roadable Aircraft Forum

- Saturday, July 29, 5:30p - The Transition PAV (04 Air BP Pavillion)

See you there!

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Fly the Transition!

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A special sneak-preview of the Transition is now available! Terrafugia has developed a model of the Transition in X-Plane, a dynamically accurate flight simulator software package developed by Laminar Research, that you can fly at home on your computer. You can download the Transition Beta 1.0 release and follow the link to Laminar Research to download the X-Plane software at http://www.terrafugia.com/xplane. Please keep in mind that while representative of the predicted performance and handling of the Transition, the X-Plane model is not a guarantee of future performance. 

As this is a Beta release, we will be improving and releasing more accurate versions of the model in the future. As you fly, feel free to help us out by sending comments, tips on improving the model, or questions about the model to info@terrafugia.com with "X-Plane" in the subject line.

Happy Flying!

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© 2006 Terrafugia spacer (1K)