Erickson Air-Crane Appoints Glenn Splieth as Vice President of Global Human Resources

PORTLAND, Ore.–(BUSINESS WIRE)–

Erickson Air-Crane Incorporated (EAC) (“Erickson” or “the
Company”), a leading global provider of aviation services to a diverse
mix of commercial and government customers, and the
vertically-integrated manufacturer and operator of the powerful
heavy-lift Erickson S-64 Aircrane helicopter, announced today that Glenn
Splieth has been named Vice President of Global Human Resources,
effective October 14, 2013.

Mr. Splieth has over 25 years of experience in human resources
management and program development. He was most recently with RadiSys
Corporation, a leading wireless infrastructure and solutions provider
for telecom, aerospace, and defense applications. At Radisys, Mr.
Splieth directed company-wide HR management in 12 countries across
Europe, North America, and Asia, and was deeply involved in acquisition
integration. Prior to his tenure with RadiSys Corporation, Mr. Splieth
held HR leadership positions at NetTest Corporation, Epson Portland,
Inc., Mentor Graphics Corporation and Hewlett Packard Corporation.

Udo Rieder, Chief Executive Officer of Erickson, commented, “We believe
that Glenn will be invaluable to us as we continue to build a strong
platform and pursue a global growth opportunity providing aerial
services to an increasingly diverse customer base of both commercial and
government entities. We look forward to having the benefit of Glenn’s
expertise as we continue to build a team of talented, seasoned
executives and employees, execute our strategy, and reinforce our
culture of success. ”

The Company noted that Mr. Splieth has human resources management
experience in the areas of change management, organizational
development, global employee relations, compensation, benefits, learning
and development, and staffing. He holds a Bachelors of Science degree in
Natural Resource Management from Utah State University and a Masters of
Public Administration from Montana State University.

Mr. Splieth commented, “Erickson has quickly established itself as one
of the world’s leading aviation services providers, and I’m thrilled to
begin my tenure with the Company. I’m excited to be part of such a
strong executive management team, and I eagerly look forward to
contributing my expertise to our continued growth and development.”

About Erickson Air-Crane Incorporated

Erickson is a leading global provider of aviation services to a diverse
mix of commercial and government customers. Erickson currently operates
a diverse fleet of 91 rotary-wing and fixed wing aircraft, including a
fleet of 20 heavy-lift S-64 Aircranes. This fleet supports a wide and
worldwide variety of government and commercial customers, across a broad
range of aerial services, including critical supply and logistics for
deployed military forces, humanitarian relief, firefighting, timber
harvesting, infrastructure construction, and crewing. Erickson also
maintains a vertical manufacturing capability for the S-64 Aircrane,
related components, and other aftermarket support and maintenance,
repair, and overhaul services for the S-64 Aircrane and other aircraft.

Founded in 1971, Erickson is headquartered in Portland, Oregon and
maintains facilities and operations in North America, South America, the
Middle East, Africa and Asia-Pacific. For more information, please visit www.ericksonaircrane.com.

Cautionary Note Regarding Forward-Looking
Statements

This press release contains forward-looking statements that are subject
to substantial risks and uncertainties that could cause actual
performance or results to differ materially from those expressed in or
suggested by the forward-looking statements. You can identify
forward-looking statements by words such as “believe,” “may,”
“estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,”
“predict,” “potential,” or the negative of these terms or other
comparable terminology. These forward-looking statements are based on
management’s current expectations but they involve a number of risks and
uncertainties. Actual results and the timing of events could differ
materially from those anticipated in the forward-looking statements as a
result of risks and uncertainties, which include: that we recently
completed both the Air Amazonia and Evergreen Helicopters, Inc. (“EHI”)
acquisitions and we may not realize the benefits of these acquisitions
on a timely basis or at all; our ability to integrate these businesses
successfully or in a timely and cost-efficient manner; our ability to
successfully expand these businesses, enter new markets and manage
international expansion; that we do not have extensive operating history
in the aerial services segments, in the geographic areas, or with the
types of aircraft historically operated by EHI and Air Amazonia; that
the anticipated reduction in troops in Afghanistan in the near-term may
adversely affect us; that we operate in certain dangerous and
war-affected areas, which may result in hazards to our fleet and
personnel; the hazards associated with our helicopter operations, which
involve significant risks and which may result in hazards that may not
be covered by our insurance or may increase the cost of our insurance;
our safety record; our substantial indebtedness; that we and our
subsidiaries may still incur significant additional indebtedness; our
failure to obtain any required financing on favorable terms; compliance
with debt obligations and our substantial indebtedness, which could
adversely affect our financial condition and impair our ability to grow
and operate our business; cancellations, reductions or delays in
customer orders; our ability to collect on customer receivables; weather
and seasonal fluctuations that impact aerial services activities;
competition; reliance on a small number of large customers; the impact
of short-term contracts; the availability and size of our fleet; the
impact of government spending; the ability to attract and retain
qualified personnel; the impact of environmental and other regulations,
including FAA regulations and similar international regulations; our
ability to accurately forecast financial guidance; our ability to
convert backlog into revenues and appropriately plan expenses; worldwide
economic conditions (including conditions in Greece and Italy); the
fluctuation in the price of fuel; the impact of changes in the value of
foreign currencies; and the risks of doing business in developing
countries and politically or economically volatile areas; as well as
other risks and uncertainties more fully described under the heading
“Risk Factors” in our most recently filed Annual Report on Form 10-K as
well as the other reports we file with the SEC from time to time.

You should not place undue reliance on any forward-looking statements.
Erickson Air-Crane assumes no obligation to update forward-looking
statements to reflect actual results, changes in assumptions, or changes
in other factors affecting forward-looking information, except to the
extent required by applicable laws.

Source Article from http://finance.yahoo.com/news/erickson-air-crane-appoints-glenn-123000802.html
Erickson Air-Crane Appoints Glenn Splieth as Vice President of Global Human Resources
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