Press Release

Miro Announces GOLD Version 2006

La Jolla, CA, USA – March 06, 2006

Miro Technologies announced today the latest release of GOLD™, its award-winning, flagship software application. GOLD Version 2006, which incorporates 45 modifications and represents over 15,000 man-hours of new development, is currently being installed at customer sites in a phased approach. This latest GOLD release further strengthens Miro’s position as the leading aftermarket software solution provider for repair, maintenance, remanufacturing, and refurbishment of sophisticated equipment and systems in the aerospace & defense market.

The most significant benefits accruing from the new features incorporated into GOLD v2006 include:

• Improved data exchange with external purchasing systems
  The GOLD Purchase Order API was expanded to include a new series of tables designed to pass additional data between GOLD and external purchasing systems.
• Asset-related transactions now optimized
  Two modifications were implemented on the GOLD Transaction API to enhance its overall usefulness. The first modification involves the addition of four new Asset-related transactions. The second modification adds Location and Sub-Location updates to reserved ITEM records.
• Enhanced Replenishment Report enables improved handling of CAP Orders
  The Replenishment Report has been greatly enhanced with new processes and more criteria options to support creation and management of CAP (Contractor Acquired Property) Orders.
• Password Security upgraded to better support Sarbanes-Oxley
  The existing GOLD password security has been modified to better support Sarbanes-Oxley (SOX) Act of 2002 security requirements.
• Additional documents and formats now supported by new MILS Requisitioner
  Requisitioner MILS business rules have been modified to permit processing AB1 documents, thus allowing updating the estimated shipping dates on MILS orders (instead of sending the AB1 documents to MILS Suspense). Also, the MILS Extract Report has been changed to handle variable length formats for the internal file extract.
• Receipt transactions improved with new Item barcode printer label
  A new barcode printer label has been created to print unit container information on the Intermec 3400 barcode label printer. This label will be used when performing receipt transactions, such as planned and unplanned receipts, including receipts to suspense.
• Various Contractor Inventory Control Point (C-ICP) MILS enhancements
  New transactions have been added or enhanced, including Air Force Readiness Based Levels for consumable items and automatic direct shipment from repair vendors. In addition, the Military Shipping Label (DD Form 1387) has been revised to comply with new 2D barcode requirements.

For more detailed information on GOLD v2006 features, please click here.

ABOUT GOLD

Miro’s customers use GOLD to enable, support, and improve maintenance, logistics, and record keeping processes and functions to reduce costs, improve productivity, reduce turn-times and enable better management decision-making. Maintenance organizations also rely on GOLD for ensuring airworthiness and optimal flight availability throughout the equipment’s life cycle. By seamlessly integrating with U.S. military retail supply systems, GOLD provides total asset visibility of contractor-managed items in the battlefield.

ABOUT MIRO TECHNOLOGIES

Miro Technologies is a leading provider of world class, enterprise Maintenance, Repair and Overhaul and logistics support software for the defense and commercial aerospace markets with over 150,000 end-users. Miro’s GOLD and AuRA™ software solutions are installed at 158 sites around the world. Miro Technologies has successfully supported the needs of military operators, commercial airlines and repair facilities and suppliers for 23 years with integrated products and services that power profits and performance. Headquartered in La Jolla, California, Miro Technologies also has offices in Yeovil, Somerset, U.K. Further information about the company and its product suite can be found at www.mirotechnologies.com.