Bermuda Aviation Services Ltd. (BAS) To Amalgamate With CCS Group Ltd. (CCS)

Hamilton, Bermuda: April 5, 2007 -  BAS is pleased to announce that it has merged with CCS effective March 31, 2007.

"We look forward to embracing CCS into the BAS Group of Companies," said Gene Bean, Group President. "We strongly believe that the addition of CCS into our family of companies will compliment the services already provided across the group This addition to the group, as well as our other most recent acquisition, Otis Bermuda Ltd., greatly assists in meeting our diversification goals and enhancing our facilities management services."

Don Mackenzie, Chairman of New Venture Holdings, the owner of CCS Group, stated, "Once we decided to restructure our investment in CCS Group, we undertook an extensive exercise to determine the appropriate potential partners. We are delighted that BAS will merge with CCS as they share our values in supporting the CCS team, providing for continued investment in the company and allowing CCS to continue to service its expanding customer base. The BAS Group and CCS Ltd. are a great fit and this will benefit their customer bases greatly".

CCS is a leading company in Bermuda's technology and communications sector with expertise in: Networking, Infrastructure Cabling, Telephony, Software Application Development/Support and Project Management. Along with an extremely strong management and administrative group that support the needs of the business; CCS comes with a dynamic team of IT professionals who have a well-earned reputation of partnering with their customers to deliver superior business solutions.

Bermuda Aviation Services Ltd. (BAS) is a Bermudian owned and based company incorporated in 1947.  The BAS Group of Companies consists of: Aircraft Services Bermuda Ltd. (ASB), BAS-Serco Ltd., Crow Lane Bakery Ltd., International Bonded Couriers Ltd. (IBC), Weir Enterprises Ltd., Otis Bermuda Ltd and the most recent addition, CCS Group Ltd.

Financing was provided by Butterfield Bank.