CTT Systems

Regulatory Filings • Oct 31, 2014

Press Release Nyköping 31 October 2014

CTT Systems receives order from Air Lease Corporation for the Zonal Drying™ System to be installed in four Boeing 737-800 NG aircraft.

Nyköping, Sweden, October, 2014, – CTT Systems today announced that Air Lease Corporation(NYSE: AL) has placed an order for the Zonal Drying™ Systems to be installed in four Transavia Holland/France new Boeing 737-800 NG aircraft at the Boeing production plant. The systems, which eliminate condensation in the aircraft, are scheduled for delivery during 2015.

"The fact that leading lessors like ALC and airlines like Transavia continue to order the system for new aircraft, based on their long term experience of the Zonal Drying™ system, is very satisfying and again a recognition of the benefits of the system," comments Peter Landquist, VP Sales & Marketing CTT Systems AB. By eliminating condensation in the aircraft both operational and maintenance costs are lowered through:

• Reduced fuel consumption, i.e. lower aircraft weight of 200-300kg for B737 due to elimination of accumulated water.

• Improved operational reliability, i.e. less corrective maintenance.
• Consistent insulation performance, i.e. water reduces insulation performance.

Moreover, the residual value of the aircraft will be protected or even improved due to the reduced corrosive impact over the years. Reduced fuel burn, due to a reduction in the weight of the aircraft, also has a positive impact on the environment.

About CTT SYSTEMS

CTT's Zonal Drying™ System has been selected as basic equipment for the new B787 "Dreamliner" and CTT's humidifiers are options in crew rest compartments and on the flight deck. The A380 offers CTT's humidifiers as option in crew rest compartments. CTT will also supply the Zonal Drying™ system and the Cair™ system for the A350 aircraft, as options.

About Air Lease Corporation

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC's website at www.airleasecorp.com.

For additional information:

Torbjörn Johansson, CEO, CTT Systems AB. Tel. +46-155-205901 alt. mobile. +46-70-665 24 46, or E-mail: torbjorn.johansson@ctt.se

Peter Landquist, VP Sales, Marketing & Customer Support CTT Systems AB. Tel. +46-155-205902 alt. mobile. +46-70-665 24 45, or E-mail peter.landquist@ctt.se Also visit: www.ctt.se

This information is disclosed by CTT Systems AB in accordance with the Swedish Securities Markets Act, the Swedish Financial Instruments Trading Act, or the requirements stated in the listing agreements. The information was submitted for publication on 31 of October 2014 at 13:00 (CET).

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CTTs products Zonal Drying ™, Cair ™, Flight Deck and Crew Humidifier are standard or optional equipment on Boeing B787, Airbus A350 and A380. CTT has today more than 500 systems installed in more than 30 airlines worldwide. CTT has now 21 years of operating experience on the Zonal Drying ™ system plus 15 years on Cair ™ and Crew Humidifier systems. IATAs report on fuel-saving measures is now including Zonal Drying ™ as one of the few available fuel-saving systems for retrofitting.