WORLD’S LARGEST WIND TUNNEL OPENS IN SINGAPORE


ENTOSA, Singapore, Aug. 23, 2011—A small group of investors led by former Singaporean military officer and now full-time entrepreneur, Lawrence Koh, has opened the world’s largest vertical wind tunnel on Sentosa Island.iFLY Singapore safely recreates true free fall skydiving, for an unmatched recreational experience. Since opening in May, the indoor skydiving attraction has set commercial records in every category and is on track to generate more than $8 million USD revenue in its first year.

The indoor skydiving equipment was designed and built by SkyVenture International, LTD and is the company’s most ambitious installation to date. iFLY Singapore boasts a flight chamber 5 meters / 16.4 feet in diameter and 17.2 meters / 56.6 feet tall with four panoramic windows making up the entire circular flight chamber. At Mr. Koh’s request, SkyVenture added 3 meters / 9 feet of transparent acrylic panels above the flight chamber, allowing spectators to see flyers high in the tube and flyers to see famous Siloso beach less than 100 meters away. The attraction also employs SkyVenture’s patented, air-conditioning system, which works flawlessly even in Singapore’s extreme humidity.

iFLY Singapore is the most efficient wind tunnel operating anywhere in the world, requiring on average only 450 kilowatts. The flight chamber doors can be opened during flight to exchange groups without pausing. iFLY Singapore also features SkyVenture’s patented wall-to-wall airflow, completely eliminating the risk of “falling off” the air column. It is powered by four high-efficiency axial fans mounted in the upper leg of the tunnel, the optimum location for safety, efficiency and durability.

About iFLY Singapore

iFLY Singapore is the newest addition to the iFLY global franchise. It is highly themed as an entertainment attraction and represents the latest innovations in wind tunnel design, safety, efficiency and aesthetics.

iFLY Singapore faces the ocean with a clear view of the South China Sea. The facility houses a snack bar and three restaurants, including a McDonald’s™. iFLY Singapore is perfectly sited within the Sentosa integrated resort, near the Universal Studios™ Theme Park, a zipline adventure park, a surfing attraction, a flying trapeze park and a marine life park. It is accessible by car, train, tram and bus.

About SkyVenture

SkyVenture is the world’s largest and most advanced manufacturer of vertical wind tunnels. Twenty-three SkyVenture tunnels currently operate in nine countries around the world, under the brand names SkyVenture, iFLY, Airkix and Freezone. SkyVenture’s unique designs, innovative technologies and well-known brands are patented and trademarked in over 138 countries.

Over the last decade, SkyVenture has flown over 5 million people. The company has built or is building tunnels in the US, Canada, UK, Spain, Switzerland, Ukraine, Russia, Malaysia, United Arab Emirates, Singapore, Italy, France and Brazil. SkyVenture tunnels currently operate in some of the hottest deserts (four in UAE, one in Spain, one in Arizona), in the coldest regions (Moscow, New Hampshire & Montreal), and at some of the highest elevations (2300 meters above sea level in Malaysia) in the world.

SkyVenture franchises the equipment in North America through iFLY Franchising, LLC. SkyVenture International sells equipment and licenses the technology throughout the rest of the world. SV Finance, BVBA, offers a variety of financing options for qualified buyers.

Contact:

SkyVenture: Trevor Thompson, 512.674.9200, Trevor@skyventure.com

iFLY Singapore: Jessica Tan, +65 6571 0008, Jessica@iflysingapore.com

Potential Franchisees: info@iFLYfranchising.com

Interested Investors: InvestorRelations@skyventure.com