Acquisition of Aircraft Component Manufacturing Business

HUNTINGTON BEACH. April 21, 2011

PCA Aerostructures Company announced today that it has acquired the business and operations of a manufacturer of large machined structural components for commercial aircraft in an asset purchase transaction. The seller and terms were not disclosed. The acquired business has been absorbed into PCA Aerostructures Company.

Located in Huntington Beach, California, PCA Aerostructures Company, a portfolio company of private equity fund Vintage Capital Partners, produces precision machined and sheet metal components as well as assemblies sold into the global aerospace and defense market. Products include pylons, flap hinges, bulkheads, wing fittings, spares, and various other structures.

"This acquisition supports our long term strategy to expand PCA's portfolio of highly engineered products and services for the global aerospace and defense industry," said Brian Murray, president and CEO of PCA Aerostructures Company. "Ultimately; this creates a stronger platform to directly serve our customers. We are expanding our core competencies and creating a supplier which can offer a wider range of products and services to a more diverse customer base," said Murray. "PCA will benefit by becoming more vertically integrated, gaining new customers, and expanding our capacity."

Greg Ruffalo, COO, noted that this acquisition brings significant improvements to PCA Aerostructures’ production, financial and marketing operations. These include expertise in lean manufacturing and engineering, financial resources for expanding product offerings, and new marketing expertise. The combination also will provide for near -term expansion into commercial markets.

“This acquisition supports PCA’s long term strategy of building a leading aerospace supplier with an expanding platform of product capabilities that fully supports the needs of its customers”, commented Mark Sampson, Chairman of PCA and Managing Director of Vintage Capital Partners. “We believe PCA today is well positioned to serve an expanding roster of customers, and Vintage looks forward to continuing to support Brian, Greg and the rest of management in continuing to build a best in class aerospace supplier”.

About Vintage Capital Partners:

Headquartered in Los Angeles, California, Vintage Capital Partners is a private investment firm providing structured growth capital in partnership with established lower middle market businesses owned and operated by experienced entrepreneurs. The portfolio companies of Vintage Capital benefit from the decades of private equity and operating experience of the firm’s investment principals to assist and guide in the growth and expansion of their business.

Vintage prefers to invest with experienced lower middle market business owners that seek capital solutions and a partnership that allows for the retention of a meaningful equity stake while combining creative capital alternatives and value added financial and operational assistance that facilitates the future growth and expansion of their business. For more information about Vintage, please contact Mark Sampson at (310) 979-9090 ext. 108 or email at msampson@vintage-vfm.com

Brian Murray, Chief Executive Officer

Huntington Beach, CA 92647

714-841-1750 x362

b.murray@pcaaerospace.com

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on management's beliefs and assumptions, current expectations, estimates and projections. Such statements, including statements relating to the Company's expectations for future financial performance, are not considered historical facts and are considered forward-looking statements under the federal securities laws. These statements may contain words such as "believes," "anticipates," "plans," "expects," "intends," "estimates" or similar expressions. These statements are not guarantees of the Company's future performance and are subject to risks, uncertainties and other important factors that could cause our actual performance or achievements to differ materially from those expressed or implied by these forward-looking statements and include, without limitation, demand and competition for the Company's products and other risks or uncertainties. Given these uncertainties, you should not rely on forward-looking statements. Such forward-looking statements speak only as of the date on which they were made, and the Company undertakes no obligations to update any forward-looking statements, whether as a result of new information, future events or otherwise.