For Immediate Release Contacts: Steve Petrich, P2, Inc., (952) 472-2577 or Crystal Sanders, Risdall McKinney Public Relations, (651) 286-6736 P2 Aviation Technology Announces New Avionics Product TimeTrac to automate general aviation flight logs and recordkeeping April 18, 2006 – Minneapolis, Minn. – P2 Aviation Technology, a company that creates innovative products for general aviation, today announced the release of its latest avionics product, TimeTrac. Patent-pending, TimeTrac is set to change the way operators of GA aircraft compile flight records and track maintenance hours on aircraft and associated life-limited components.

TimeTrac consists of an FAA-approved recorder and fully integrated software. The hardware, which resides onboard the aircraft, communicates with an existing GPS or Loran navigation system and automatically records the pertinent flight data. At a convenient time, this data is then downloaded to a PC. The powerful TimeTrac software then sorts out the flight data, applies the flight times accordingly (aircraft & pilot) and generates numerous reports.

“TimeTrac brings commercial aircraft technology to smaller aircraft at a fraction of the cost,” said Steve Petrich, president of P2, Inc. “Because flight time recording is automatic, many manual record calculations become a thing of the past. Whether you are flying or maintaining an aircraft, this product is capable of saving a significant amount of time and money.”

The TimeTrac is FAA/PMA approved and is currently STC’d for installation in over 750 general aviation aircraft. Benefits and Features  One-time cost, no annual contracts  Works with most GPS or LORAN receivers  Tracks multiple planes and pilots  Automatically records and stores up to 700 flight legs  Automatic departure and arrival airport identification  Custom “airport” capability  Tracks flight time for pilots  Tracks time-in-service for maintenance  Timers for 1,000s of aircraft components  Better record keeping enhances aircraft value  Quickly pays for itself in maintenance savings  Operates on 12 or 24 volt systems and weighs only 5.5 oz.  Easy to use Windows & Mac compatible software  Online software and airport database updates available

Introductory MSRP for TimeTrac is $1,695. More information is available at www.p2inc.com.

About P2 Inc. P2 Inc., founded in 1994, has a history of developing successful aviation products. Other products include the Audio Advisory System and Sky Buddy (heading and altitude reminder). For more information visit www.p2inc.com. ###