Re-Design of FF5000 Increases Market By 320%

  
    
  
  
    
      Freight Feeder Aircraft Corporation a US private-company (25% owned by 
      Utilicraft Aerospace Industries, Inc.) (OTCBB:UITA) recent design change 
      to accommodate the larger M-1 container has increased the potential 
      market by 320% for the FF5000 Freight Feeder aircraft.
    
    
      “Because of the recent strategic design change 
      to the larger 96in x 125in containers and pallets made early this year, 
      the Company’s new FF5000 will be the only 
      twin-engine turbo-prop aircraft that is capable of accommodating 
      main-deck containers that are used on 747 Freighters and like aircraft, 
      making it the only turbo-prop feeder capable of feeding main-deck as 
      well as lower-deck containerized freight to and from the 747 Freighter 
      world-wide fleets -- by accommodating the entire 747 aircraft load (both 
      upper and lower decks) in and out of the feed segment,” 
      stated John J. Dupont, President and CEO of Freight Feeder Aircraft 
      Corporation.
    
    
      Boeing's World Air Cargo Forecast projects that nearly 62 percent of all 
      additions to the fleet by 2025 will consist of wide body freighters and 
      has had a three year run of record breaking freighter orders. Boeing 
      freighters currently account for more than 90 percent of the world's 
      dedicated freighter capacity, with the 747 Freighters accounting for 
      more than half of that capacity.
    
    
      About Utilicraft Aerospace Industries, 
      Inc (OTCBB:UITA)
    
    
      Utilicraft Aerospace Industries, Inc. is a 25% owner of Freight Feeder 
      Aircraft Corporation. On December 12, 2007, Utilicraft Aerospace 
      Industries, Inc. filed a Form 8K with the Securities and Exchange 
      Commission announcing the sale of all of UITA’s 
      technology and assets to Freight Feeder Aircraft Corporation for a 25% 
      equity position in Freight Feeder Aircraft.
    
    
      (See 
      details of the transaction in the UITA 8K filed on December 12, 2007)
    
    
      For more on Utilicraft Aerospace Industries, Inc, go to www.utilicraft.com
    
    
      Forward Looking Statements
    
    
      This press release contains “forward-looking” 
      statements within the meaning of the Private Securities Litigation 
      Reform Act of 1995. Forward-looking statements in this press release 
      involve risks and uncertainties and reflect the company’s 
      current views with respect to possible future events. Forward-looking 
      statements in this press release should be evaluated together with the 
      many uncertainties that affect the company’s 
      business.