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New British joint venture aims to improve automated manufacture, productivity and
profitability in the global aerospace industry

PRESS RELEASE

Macclesfield, Cheshire UK – June 1, 2005 – For immediate release:

Aimed at leading international aerospace manufacturers and their supply chain partners a
new British joint-venture company has been formed to help address changes in the industry
and accelerate the drive to find more efficient ways to produce airframe structures.

The new company, called HYTRI, will offer a range of technical consultancy services, backed
up by the proven ability to design, make and implement complex special purpose machinery
and automation systems for the aerospace industry.

The HYTRI initiative is the result of a formal collaboration between Hyde Group Ltd., the
world's largest, privately owned aerospace tooling design and manufacturing group, and
AMTRI Ltd., an engineering company that possesses a distinguished record of providing
advanced research and advisory services, production machinery and robotic systems to
manufacturing industries in the UK and worldwide, including the aerospace sector.

According to the two founders, HYTRI will address the growing need in the aerospace
industry for a specialist and agile resource that will be able to meet the rapid changes taking
place, especially in the use of both new and conventional construction materials and related
manufacturing processes. The company believes aerospace manufacturers will increasingly
turn to external contractors that possess the appropriate knowledge and skills.

"The aerospace industry is rapidly adopting advanced new materials and construction
methods such as the use of reinforced composites. To fabricate and manufacture these
complex airframe structures will require new approaches to design and manufacture," said
Stuart Wilson, Managing Director of Hyde Group, the company that is a co-founder of HYTRI.

"In addition, as airframe structures become more sophisticated, skilled labour is becoming
harder to recruit," he said. "With greater global competition, the industry has to become much
more productive and efficient. Against this scenario, automation will play an increasingly
important role in delivering faster, reliable and consistent results and making production more
profitable."

A particular example, he said, is where modern airframe manufacture involves the automated
drilling and assembly of large semi-flexible structures. Local positional accuracy, the
alignment of holes and the rapid insertion of fasteners are some of the key requirements.
Automated systems are now able to provide effective solutions to these challenges.

Together, Hyde Group and AMTRI have already developed sophisticated automated solutions
to meet the demands. Since 1995 the two companies have collaborated and the result is a
close professional relationship based on a number of ground-breaking automation projects,
jointly undertaken for major aerospace and other manufacturers.

The success of these projects led to the establishment of HYTRI. Hyde Group's Stuart Wilson
said: "After many successful years working together it is our pleasure to co-operate with
AMTRI and launch HYTRI. We look forward to new business developments, which will focus
on next generation manufacturing within the aerospace industry and help validate the new
company as a global resource for aerospace automation."

For AMTRI, Managing Director Phil Sholl explained: "We are delighted to join with Hyde
Group and form HYTRI. For potential clients, AMTRI brings to the collaboration a wealth of
specialist experience and knowledge in research, coupled to the development and delivery of
highly automated and complex systems and related technologies, for some of the most
important names in the European aerospace industry."

The new company will be based at Macclesfield and will begin combined operations from
June 2005.

ABOUT HYDE GROUP LTD

The Hyde Group is the world's largest, privately owned, Aerospace Tooling design and
manufacturing organisation with an annual turnover of £110 million, a workforce of over 1,400
and has been successfully providing major manufacturing solutions for aerospace
manufacturers for almost four decades. Hyde Group designs, manufactures and supports
complete turnkey engineering solutions to the aerospace, automotive, marine and general
engineering sectors.

ABOUT AMTRI LTD

AMTRI is a highly regarded engineering company that specialises in solving manufacturing
technology problems. In addition to carrying out world class, innovative manufacturing
technology research, AMTRI also supplies bespoke machinery, automation systems and
specialist technical services to the manufacturing sector in the UK and worldwide, helping
clients improve productivity and efficiency and therefore save time and costs. Much of the
company's work is focused on the aerospace, automotive, metals and food processing
industries and it has worked with major aerospace manufacturers in Europe.

ENDS

PICTURES – high quality digital pictures available from Dave Waring, Hyde Group, or Mark
Mitchell, Pattison Mitchell, see contact details below.


MORE INFORMATION FROM:


HYDE GROUP

Dave Waring
Hyde Group Ltd
Telephone: +44 (0)161 342 1900
E-mail: dwaring@hydegroup.com
Web: www.hydegroup.com

AMTRI

Philip Sholl
AMTRI Limited
Telephone: +44 (0)1625 425 421
E-mail: sholl@amtri.co.uk
Web: www.amtri.co.uk

Issued by:

Mark Mitchell
Pattison Mitchell & Associates
Telephone: +44 (0)20 7924 7700
E-mail: ptml@btinternet.com
Web: www.pattisonmitchell.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Pattison Mitchell Associates in the following categories: Business & Finance, Public Sector, Third Sector & Legal, Manufacturing, Engineering & Energy, Transport & Logistics, for more information visit https://pressreleasewire.responsesource.com/about.