NEWS RELEASE 0802
CONTACT:

Pegasus Simulations, Inc. Corporate Communications
media@pegasussimulations.org

Atlantic International Virtual (AIV) Unveils North America Operation’s



Houston, Texas, Sunday, January 27, 2008 – Senior Staff at Atlantic International Virtual are pleased to announce plans to operate its North America Domiciles out of Boston, MA (KBOS) and San Francisco, CA (KSFO) which will commence operations in the 3rd quarter of 2008 and serve up to dozen cities worldwide with the Canadian Regional Jet 900, Embraer Regional Jet 145XR and Boeing 737, 747, 757, 767, and 777 aircraft by the end of its first year of operations.
Preparations at Pegasus Simulations, Inc (PSI) the parent company of Atlantic International Virtual (AIV) have been progressing at full throttle in preparation for an on-time arrival to the Flight Simulation Community. The executive staff has been working furiously in order to assure an on-time opening, set scheduled for the 3rd quarter of 2008. Our Legal Department has received PSI articles of corporation from the Secretary of State in Texas. “We just received approval by the government to act as a legal entity as a nonprofit organization”, said Robert Sayles, PSI and AIV's Chairman and Chief Executive Officer.  PSI and AIV will continue to build its relationship with our virtual world counterpart. Our Executive Management has been working closely with our legal team to finalize our legal terms for our website. We are now planning another meeting with our legal team at the end of January to finalize our Technology intentions.

PSI has hired a plethora of experienced staff ranging from real world airline employees, including dispatchers and pilots, experienced website designers, and experienced Virtual Airline staff, proving we are committed to a professional and enjoyable learning environment for any pilot who joins. Furthermore, PSI and AIV is in the process of developing its own ACARS system, which will be utilized in tandem with a revolutionary dispatch center, overseen by our virtual dispatchers. We are hoping to have that system fully functioning by the 3rd quarter of 2008. Atlantic International Virtual will offer its members the most updated technology and enhanced award and recognition system. The company has not yet announced its final route structure but is considering service to 100 cities.





“We are still in the progress on hiring more executive and operations staff”, said J.T. Taitano, Pegasus Simulations, Inc., Chief Administrative Officer. We are pleased to announce few of our current staff and Board of Directors are real world airline employees. We will continue to search and bring on committed professional staff members, both real world airline employees and flight simulation aviation enthusiasts alike. If you are interested in a staff position, email recruiting@pegasussimulations.org to find out which positions are still open. The only requirement is a love of aviation and a willingness to help others.  Our new website is in the process of being constructed. Our current URL may be down from time to time due to this construction. In the mean time, PSI and AIV can be contacted via www.pegasussimulations.org.

Pegasus Simulations, Inc. was found in November 2006 by a few real world airline employees that wanted to enhance flight simulation to the next level and after doing some research and few meetings PSI was created. Pegasus Simulations, Incorporated (PSI) is a nonprofit hobby organization that assists Virtual Airlines to create an environment which individuals can experience, learn, and have fun while conducting basic and advanced piloting skills using Microsoft flight simulation software. Pegasus Simulations, Inc. is the parent company of Atlantic International Virtual Airline a virtual airline based on the concept of the real world airlines operations. PSI is supported by a team of real airline employees and aviation enthusiasm looking to give flight simulations fans a taste of real world airline operations.

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