Swales Aerospace Names New CEO

J. Michael Cerneck To Begin May 22, 2006

BELTSVILLE, Md., April 26 /PRNewswire/ -- Swales Aerospace announced today that it has named J. Michael Cerneck to be Chief Executive Officer of the company. Mr. Cerneck will take over from Dr. John M. Klineberg on May 22, 2006, and will also be a member of the Board of Directors.

Mr. Cerneck comes to Swales after serving as Vice President and General Manager of Defense Operations at Ball Aerospace and Technologies Corporation with responsibility for P&L, business development and program performance for all defense and intelligence related efforts. He was chair of Ball's Program Management Board.

Swales Chairman of the Board, Thomas G. Swales said, "Mike has the ability to lead us in all the elements of our work. We know that our customers and our employees will fast come to appreciate his experience, care and energy." Prior to joining Ball, Mr. Cerneck served as the Director of Space Systems for TRW's Space and Laser Programs Division, providing leadership to the company's work in the Space Interferometry Mission (SIM), the James Webb Space Telescope (JWST) and the National Polar-orbiting Operational Environmental Satellite System (NPOESS).

Mr. Cerneck also served as the Director of the TWR Washington Office of the Space and Electronics Group. Before joining TRW, he held technical and management positions with Lockheed Missiles and Space Company, Atlantic Research Corporation, and Aerojet Liquid Rocket Company. He holds a B.S. in Aeronautical and Astronautical Engineering from Ohio State University.

Dr. John Klineberg, Interim CEO, who will remain a member of the Board of Directors, added, "I've known Mike for over twenty years. We are all very pleased to have him join us and we're convinced that he'll do an outstanding job as CEO of Swales Aerospace."

About Swales

Swales Aerospace is an employee-owned company that provides a broad range of aerospace engineering services to NASA, the Department of Defense and commercial aerospace clients. Headquartered in Beltsville, Maryland, the company posted annual revenues of $193 million in 2005 and employs more than 900 professionals in offices in Maryland, Virginia and California. Additional information is available at http://www.swales.com

CONTACT: Tom O'Brien of Swales Aerospace, +1-301-902-4516

Web site: http://www.swales.com/


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