updated 3/3/2011 5:17:05 PM ET 2011-03-03T22:17:05

CLEARWATER, Fla., March 3, 2011 (GLOBE NEWSWIRE) -- Avantair, Inc. (OTCBB:AAIR), the industry leader for fractional aircraft ownership and flight hour time cards in the light jet cabin category and the only publicly traded stand-alone private aircraft operator, today announced that Chief Executive Officer Steven Santo will present at the Roth 23rd Annual OC Growth Stock Conference on Monday, March 14, 2011 at 10:30 a.m. Pacific time. The conference is being held at the Ritz-Carlton in Laguna Niguel, Calif.

Investors attending the conference are encouraged to schedule a one-on-one meeting at the conference with Avantair's Chief Executive Officer Steven Santo by contacting conference@roth.com, or Brandi Floberg at aair@tpg-ir.com or 212-481-2050.

A live webcast of the presentation will be available by visiting the Investors: Event Calendar section of Avantair's website at http://www.avantair.com/event-calendar.html . The webcast archive will be available for 90 days.

About Avantair

Avantair, the sole North American provider of fractional shares, flight time cards and Axis Club Membership in the Piaggio Avanti aircraft, and the only publicly traded stand-alone private aircraft operator, is headquartered in Clearwater, FL, with approximately 450 employees. The Company offers private travel solutions for individuals and businesses traveling within its service area, which includes the continental United States, Canada, the Caribbean and Mexico, at a fraction of the cost of whole aircraft ownership. The Company currently manages a fleet of 55 aircraft, with another 52 Piaggio Avanti aircraft on order through 2013. For more information about Avantair, please visit: www.avantair.com .

CONTACT: Company Contact:
         Heather Dynes
         Investor Relations Contact:
         Brandi Floberg

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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