"Leading the way to a new generation of aircraft, the EA500 is a sophisticated, high-performance, economic twin jet with low operating costs, low environmental impact and uncompromised safety," said Mason Holland, Chairman and President of Eclipse Aerospace. "In their rush to deliver the aircraft, the former manufacturer of the EA500 Eclipse Aviation Corporation] delivered to owners an aircraft that was only about 85 percent complete. These aircraft were great performers, but still lacked several important features. We now have completed the design and engineering of the EA500."

Eclipse Aerospace has re-engaged major suppliers of the aircraft's components and systems. EAI, now with over 100 engineers and technicians, continues to develop new features and increased functionality that will be included in the next version of the aircraft when production eventually resumes.

Total Eclipse program customers can buy a fully configured EA500 aircraft that encompasses all currently available features and functionality. Specific components will include flight to 41,000 feet, 20,000 cycle airframe life and an on-board color radar, electronic moving maps and eCharts (Jeppesen) all presented directly on the EA500 multifunction display.

Every Total Eclipse, priced at $2.15 million, also includes a factory warranty. For a limited number of "early buyers" each Total Eclipse purchase also comes with a guaranteed buy-back provision. With this guarantee, EAI will agree to repurchase the aircraft for a guaranteed amount which can be applied towards a first year production slot when EA500 manufacturing resumes.