CAV International Wins Bogota, Colombia Contract Renewal for Airfield Services

GREENVILLE, S.C., July 24 /PRNewswire/ -- CAV International Inc., a US Government outsourcing contractor specialized in airfield services & logistics, announces that the United States Transportation Command (USTRANSCOM) has awarded it a new multi-year contract for Air Terminal and Ground Handling Services at El Dorado International Airport in Bogota, Colombia.  CAV International has operated this contract since April 2008 and the new contract extends the service period until 2014.  CAV (pronounced as in "cavalry") is a subsidiary of Ranger International Services Group, a private equity consolidator specialized in aerospace/defense services, and has airfield operations in several other Latin American locations.

CAV International operates in the growing military outsourcing arena, and has an established reputation for quality, reliability, and cost-effectiveness in its performance for the US Government. The company maintains a lean cost model, and is able to offer its Government and Prime Contractor customers an absolute cost advantage and measurably superior quality metrics on a consistent basis. In 2009, at its various operating sites CAV performed over 625,000 man-hours of quality-driven professional services, handled over 16,000 USAF airplanes across 19 time zones, processed over 848,000 in-transit military passengers, and managed over 140,000 tons of cargo. Considered to be experts at airfield services & logistics, CAV currently serves USTRANSCOM and the USAF Air Mobility Command at numerous locations, including the DOD's and USTRANSCOM's most active contracted aerial port worldwide in Kuwait.

CAV International is one of the three operating subsidiaries of Ranger International Services Group, Inc.  Ranger is a private equity consolidation platform created by Ranger Aerospace LLC, First New England Capital, Argosy Capital, Plexus Capital, and other investors and limited partners.  CAV International, Inc. was ranked #573 on the coveted "Inc. 5000" with three-year sales growth of 471% from 2005 through December 31, 2008.  Ranger International acquired CAV International in early 2009, and has been steadily enhancing the enterprise as part of a multi-year growth strategy. Steve Townes, Ranger Aerospace founder and CEO of Ranger International, said "We are proud to be expanding our operations in Latin America.  As a 'Lancero' and 'Paracaidista' of Colombia in my military training there from many years ago, I am especially pleased that we are continuing our services in Bogota."

Forward Looking Statements: The Company from time to time may discuss forward-looking information. Except for factual historical information, all forward looking statements are estimates by the Company's management and are subject to various risks and uncertainties that are beyond the Company's control and may cause actual results to differ materially from management's expectations.

For more information on the web, visit www.cavint.com and www.rangerinternational.com.

SOURCE CAV International, Inc.