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Defense and Aviation News
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Article Editor: Carly Zander


Dismissal of AeroGroup vs. Tampa Bay Financial Lawsuit

JACKSONVILLE, Fla. - May 17, 2004 /Send2Press Newswire/ -- AeroGroup Incorporated (Pink Sheets: AROU) today announced that it has concluded dismissal of the lawsuit AeroGroup vs. Tampa Bay Financial and its alleged counterclaims filed October 15, 2002 in Sarasota County, Florida. Under the dismissal, the respective parties signed mutual releases and dismissal of all claims filed accordingly with the Sarasota County Clerk of the Circuit Court.

Mark Daniels, AeroGroup's CEO, stated, "We at AeroGroup are pleased with the outcome of this matter and feel that we can, without distraction, now focus with positive energy on the success of this business."

About AeroGroup Incorporated
AeroGroup Incorporated is a Florida-based tactical aviation company created to capitalize on the shortfalls in aviation support within the U.S. Military and approved NATO countries. AeroGroup has a staff of aviation professionals and is well positioned to supply tactical aviation support services that go unmet by military organizations each year.



• Previous News from AeroGroup Incorporated





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USE OF THE ABOVE NEWS ARTICLE
Article is Copr. © 2004 Neotrope/Send2Press. Reproduction of this news article in any form requires written authorization. You may freely link to this article. For more information on using this article in print or on your website, please visit: freeNewsArticles™.



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