VISaer Partners with UPS

VISaer Partners With UPS

Wilmington, MA, USA, April 10, 2002 – VISaer, Inc. today announced a partnership with United Parcel Service (NYSE:UPS) to develop comprehensive computer software to better manage UPS's aircraft maintenance work on a real-time 24x7 basis.

The new package, which ultimately will be offered to the entire industry, will help UPS Airlines to better plan, schedule, execute and record maintenance-related work 24 hours a day, 365 days a year. VISaer’s all-encompassing application will replace or integrate more than 20 existing UPS applications.

"This agreement is truly a partnership," said David J. Spellman, President and Chief Operating Officer of VISaer. "UPS not only has challenged VISaer to dramatically enhance its industry-leading products and services, but also to fully support this project as a joint endeavor. And that means a lot, because UPS is one of the world's great technology companies. Together we'll advance this computer software capability for the entire industry."

"The 7 x 24 Maintenance Support System will be the most significant computer management change ever attempted within UPS’s maintenance function," agreed Mitch Nichols, UPS aircraft maintenance and engineering manager. "Working with VISaer, we're going to change the way information is processed and accessed, permitting us to use our time and assets more efficiently."

About United Parcel Service

UPS, founded in 1907, is the world's largest express carrier and largest package delivery company and a leading global provider of specialized transportation and logistics services, serving more than 200 countries and territories. In 2001, UPS generated revenues of $30.6 billion and delivered more than 3.5 billion packages and documents worldwide.

Headquartered in Atlanta, the company resides on the Web at http://www.ups.com. (For more information from UPS on this press release, contact Mark Giuffre, UPS Airlines at +1 (502) 329-3060.)

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