Market Overview

Parker Aerospace Joint Venture ACE Services Adds Japan Civil Aviation Bureau (JCAB) Certification to its Capabilities

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Center of excellence can now repair flight critical parts, reducing
lead time and cost for Japanese customers

Parker
Aerospace
, a business segment of Parker
Hannifin Corporation
, the global leader in motion and control
technologies, today announced that its ACE
Services
facility has obtained Japan Civil Aviation Bureau (JCAB)
certification.

Located in Singapore, ACE Services is a joint venture between Parker
Aerospace and SIA Engineering Company, Ltd, and the center of excellence
for the repair and overhaul of aerospace hydraulic components in the
Asia Pacific and Middle East regions. Parker Aerospace has a strong
presence throughout the Asia Pacific region, with multiple joint
ventures to serve customers, under the direction of Fergus Lopez, the
executive director for Asia Pacific commercial aftermarket business.

The certification allows ACE Services to repair and release flight
critical equipment with full JCAB approval to Japanese operators and
aggregators, creating added operational efficiencies for them.

"Achieving the JCAB certification is a significant milestone for ACE
Services," said General Manager Brian Hunter. "It allows us to offer our
Japanese customers a value-added service that will reduce total lead
time and cost. The certification also allows us to extend our reach into
the Asia Pacific market and is yet another marker of the high quality
that ACE Services offers its customers."

The certification reflects Parker Aerospace's aftermarket goal to help
customers maintain the health of their aircraft globally, around the
world and around the clock. "Parker Aerospace is dedicated to providing
our customers with the premier aftermarket support they expect," said
Vice President of Parker Aerospace Customer Support Operations Austin
Major. "By achieving JCAB certification, ACE Services is now even more
customer-centric, a move that reflects our global-reach, local-focus
strategy for maintenance, repair, and overhaul."

ACE Services specializes in the repair and overhaul of flight control
actuators, power control units, thrust reverser and landing gear
actuators, valves, and pumps for the Boeing 737, 747, 757, 777, and 787
and Airbus A319, A320, A330, and A380 aircraft.

For more information about ACE Services or its JCAB certification,
contact Brian Hunter, general manager of ACE Services at +65 6540 1810
or email brian.hunter@parker.com.

About Parker Aerospace. Parker Aerospace is a global leader in
the research, design, integration, manufacture, certification, and
lifetime service of flight control, hydraulic, fuel and inerting, fluid
conveyance, thermal management, lubrication, and pneumatic systems and
components for aerospace and other high-technology markets. The company
supports the world's aircraft and aeroengine manufacturers, providing a
century of experience and innovation for commercial and military
aircraft.

About Parker Hannifin. Parker Hannifin is a Fortune 250 global
leader in motion and control technologies. For 100 years the company has
engineered the success of its customers in a wide range of diversified
industrial and aerospace markets. Learn more at www.parker.com
or @parkerhannifin.

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