Vector Aerospace Announces First Quarter 2011 Results

These factors include, without limitation, global and local political factors, general economic, market and business conditions, fluctuations in the cost of borrowing, Vector's ability to receive timely regulatory approvals, competitive actions of other companies, including increased competition from original equipment manufacturers with their own in-house service providers, the occurrence of unexpected events such as fires, equipment failures and other similar events affecting Vector or other parties whose operations or assets directly or indirectly affect Vector and future demand for Vector's services. Readers should also refer to Vector's continuous disclosure materials filed with Canadian Securities Regulatory Authorities for additional information with respect to certain of these risk factors. A discussion of risk factors is contained in Vector's 2010 Management's Discussion and Analysis and in all management's discussion and analysis of financial condition and results of operations filed since the 2010 Management's Discussion and Analysis which are available on Vector's website and on SEDAR. Any forward looking statements contained in this news release are made as of the date of this release and, accordingly, are subject to change after such date. Unless otherwise required under applicable laws, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:
Vector Aerospace Corporation
Declan O'Shea
President & CEO
(416) 640-2115

Vector Aerospace Corporation
Randal L. Levine
Senior Vice-President and Chief Financial Officer
(416) 640-2120

www.vectoraerospace.com




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