Two New Technologies to be Launched at Business Incubator

Titusville, Fla.- July 28, 2004 - TRDA's Incubator Network Director, Heidi Brandow, announced Advanced Aero and Laser Lure Inc. will enter the Florida/NASA Business Incubation Center (FNBIC) to take advantage of the business nurturing environment.

Advanced Aero, a company specializing in designing, developing and testing their original Inverted V-Tail Aerospace Structure, plans to utilize all of the services that the FNBIC provides for small business. Advanced Aero requested specific assistance from FNBIC for financial support, legal aide, marketing advisement, product development, and management training. Advanced Aero's patented products include features including, noise canceling handsets, state-of-the-art instruments, and FAA approved emergency aircraft recovery parachute. The company strives to be a leading provider of safe, efficient, and cost effective aircraft for the Light Sport Aircraft industry.

Laser Lure Inc. is partnering with the FNBIC to help them develop a two-year marketing plan for their products for consumers in the fishing industry. Laser Lure's products draw fish in by using a bright, colored laser light. The luminosity reflects off the lure and attracts or repels the fish, depending on the consumer's preference. "We pride ourselves in our extremely bright laser light that has been proven to more effectively lure fish, but we need the Incubator's assistance in the promotions realm," says Bruce Young, president of Laser Lure.

"The Incubator gives new and existing businesses an opportunity to develop their companies and products to the level they hope to operate the business and sell their products," says Heidi Brandow, incubator network director with TRDA. "Both of these companies bring with them great aspirations for growth and progression. Advanced Aero and Laser Lure have made an excellent decision to join our operation in an effort to develop their organizations."

TRDA manages a statewide network of incubators including the Carrie P. Meek Center for Business in Homestead and the Florida/NASA Business Incubation Center in Titusville. An incubator is under development in Melbourne with an expected opening in 2006. The network offers entrepreneurs the opportunity to build a solid business by leveraging shared resources such as access to venture capital, business mentoring, marketing, technology support services, and affordable office space.

For more information on becoming an on-site or affiliate client in the Florida/NASA Business Incubation Center, contact Heidi Brandow or Bonnie O'Regan at 321.267.5601. Visit us on the Web at www.trda.org/fnbic.