PZL Mielec to Support New Training Center

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PZL Mielec to Support New Training Center

December 10, 2007

  Mielec, Poland - Dec. 11, 2007 - PZL Mielec and Mielec County has signed a cooperation agreement to establish a new training facility to provide skilled labor for the growing aviation industry in Mielec and the surrounding region. PZL Mielec is Poland's largest manufacturer of fixed-wing aircraft and is Sikorsky Aircraft Corp.'s affiliate in Poland. Sikorsky Aircraft, a world leader in the manufacture and service of helicopters including the UH-60 BLACK HAWK helicopter, is a subsidiary of United Technologies Corp. (NYSE:UTX).

The agreement is part of the "Regional Center for Modern Manufacturing Technology Transfer" (RCTNTW) project. Financed with European Union funds, and more recently with additional funds from Mielec County, the center will offer a wide range of training courses in modern design and production technology focused primarily on the aerospace industry. In addition, engineering personnel from PZL Mielec will assist the new center in training future employees of the company and others comprising the Aviation Valley Association.

"PZL Mielec welcomes this initiative as part of our ongoing cooperation with the county and expects to benefit tremendously from it, primarily by rekindling the interest of young people in aerospace careers," said Janusz Zakrecki, PZL President and CEO. "As a manufacturer of aircraft and aerostructures, PZL needs skilled, trained aerospace technology-literate technicians and machine operators such as those who will participate in this program. With the prospects of extraordinary growth ahead for our company, we are committed to developing the talent we will need for our future workforce requirements."

Zakrecki added that the initiative could not have come at a better time for PZL Mielec as the company strives to become a world class aerospace industry supplier.

County officials are equally enthusiastic about the center. County Governor Andrzej Chrabaszcz emphasized that vocational education efforts such as this should help reduce unemployment. Mielec has prided itself on aerospace since 1938 when the first aircraft manufacturing facility was established in the city.

"Today the Podkarpacie Region, where Mielec is located and is home to the Aviation Valley, the largest aviation-industry cluster in Poland, has for the second time in history earned a chance to become the center of innovative technologies and vocational training for a skilled workforce to fill the jobs with the companies within the Special Economic Zone EURO-PARK MIELEC. PZL and other manufacturers in the area should be prepared to meet the demand of the dynamically growing national economy, and to join the world's best," he said. "Most importantly, the county was able to ensure the EU funding for the project, which has been already pre-approved," he added.

Sikorsky Aircraft Corp., based in Stratford, Connecticut, USA, is a world leader in helicopter design, manufacturing, and service. The company's long commitment to safety and innovation is reflected in its mission statement: "We pioneer flight solutions that bring people home everywhere... every time™." United Technologies Corp., based in Hartford, Conn., USA, provides a broad range of high-technology products and support services to the aerospace and building systems industries.

PZL Mielec is the largest fixed-wing aircraft manufacturer in Poland and cooperates with leaders in the international aviation business such as Boeing, Raytheon, Pratt & Whitney Canada, SAAB, manufacturing aerostructures on a sub-contracting basis. PZL makes airplanes of its own design: M28 SKYTRUCK™ and M28B BRYZA™, operated in passenger and cargo transport, paratroop and medevac roles, as well as in special configurations for maritime patrol, reconnaissance, search and rescue. The special-mission configured airplanes are in service with Poland's Navy Aviation, Airforce and Border Guard.

This press release contains forward-looking statements concerning potential production and sale of helicopters. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement priorities and practices, budget plans or availability of funding or in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in United Technologies Corporation's Securities and Exchange Commission filings.

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