Boeing and Mxi Sign Long-Term Agreement

OTTAWA, CANADA -- (MARKET WIRE) -- Jul 23, 2008 -- The Boeing Company, the world's largest manufacturer of commercial jetliners and military aircraft, has signed a "Software License Distribution Agreement" with Mxi Technologies, a leader in aviation maintenance management software. Under terms of the agreement, Mxi will supply Maintenix®, an intelligent, integrated software solution that will provide Boeing with meaningful improvements to their labor productivity in after-sales product support.

Building on a well established track record of joint delivery to airline customers and Boeing's internal Derivative Aircraft Program, the ten year agreement encompasses several Boeing led initiatives including P8A Poseidon and GoldCare, Boeing's comprehensive and flexible life-cycle management service developed initially for the 787 Dreamliner. With the Maintenix software, Boeing will be able to reduce the cost of life-cycle support by increasing the productivity of their maintenance team; effectively providing more efficient support to their customers.

"Boeing has been successfully integrating the Maintenix product with its suite of maintenance and engineering management tools for several years and their desire to further develop that relationship shows the utmost confidence in our product and the knowledge and talent of our people," said Les Hine, President of Mxi Technologies. "Over the last year, the Maintenix product has been expanding and with the clearly defined increase in work that this agreement offers, we have been able to continue growing our team at an accelerated pace. We are looking forward to increasing our capacity further to meet the ongoing needs of Boeing and our other customers."

About Mxi Technologies

Mxi Technologies provides integrated, intelligent aviation maintenance management software, bringing innovation and thought leadership to aviation organizations seeking to improve their productivity. The Mxi Maintenix® software uses a modern architecture and provides advanced capabilities such as a role-based Web browser interface, automated workflow, integration adapters, electronic signatures, and support for portable wireless devices. In addition to supplying Maintenix, Mxi provides a full range of services including Maintenix implementation, business consulting, systems integration, training, and support. For more information, please visit www.mxi.com

Contacts:
Mxi Technologies
Media Contact: Lindsay Sprague
613-747-4698 ext. 7218

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