Andrews Space Named As One of Washington State’s Largest and Fastest-Growing Minority-Owned Businesses

SEATTLE, Wash., January 7, 2007 – Andrews Space, Inc. has been named as one of Washington State’s largest and fastest-growing minority-owned businesses for 2007 by the Minority Business Awards list, sponsored by the University of Washington Business School and published by the Puget Sound Business Journal.

The award recognizes minority-owned businesses with sales between $10 million and $30 million who demonstrated significant achievement in revenue size, management quality, and community service. The program was established in 1999 to recognize outstanding business achievement of minority-owned businesses in Washington State.

“Andrews is honored to be named in this list, and we owe our success to our hard-working employees,” said Marian Joh, Andrews CEO. “This has been a very good year for us in terms of business growth.” Andrews has experienced significant growth and profitability since its founding in 1999. Andrews now has offices in Alabama, California, Colorado, Texas, and Utah. The new Andrews Rapid Prototyping Laboratory (ARPL) near Seattle’s Boeing field houses Andrews’ software and avionics integration, cryogenic test facilities, fabrication machine shop, and hardware integration and test facilities.

Andrews recently acquired Automated Controlled Environments Incorporated (ACEi), a California-based company that develops fault-tolerant aerospace avionics and advanced control systems. This acquisition makes Andrews a leader in advanced aerospace avionics, robotics, and systems engineering and integration.

In August, Andrews was included in the 2007 Inc. 5000 list of fastest-growing entrepreneurial companies in the U.S. Andrews was also awarded the 2006 Ernst & Young Entrepreneur of the Year award in the Pacific Northwest Manufacturing category.

“Part of our community involvement last year included sponsoring the Tacoma and Tahoma high school robotics teams for the FIRST competition, and also the LaserMotive team for the 2007 NASA space elevator and power beaming competition,” said Joh. “These are two examples of how we work to invest in the community and foster an environment of scientific and technical growth.”

About the Company

Andrews Space, Inc. (Andrews) is a privately-held business founded in 1999 to be a catalyst in the commercialization and development of space. The company is an affordable integrator of aerospace systems and developer of advanced space technologies. Andrews' customers include NASA and the Department of Defense, as well as aerospace prime contractors. Andrews is currently engaged in several launch vehicle and spacecraft development efforts in both the prime and subcontractor role. To learn more, please visit www.andrews-space.com.