We are proud to announce that Pratt & Whitney Rocketdyne, Division of United Technologies is now the full owner of ARDE, Inc., and its wholly owned subsidiary ARDE Barinco, Inc. We attach a link to the United Technologies web site that shows their press release on the home page. ARDE, Inc., will be considered a Pratt & Whitney Rocketdyne company. The management team at ARDE, Inc. and ARDE Barinco are continuing their employment under the supervision and support of the new owners. Suffice it to say this is an exciting time for ARDE and ARDE Barinco. We look forward to a profitable future under the wing of a sophisticated and significant Fortune 200 company that is listed on the Dow Jones Industrial.

http://www.pw.utc.com

http://www.utc.com/utc/home

http://www.ardeinc.com/