Jacksonville, Fla. (August 15, 2007) - SkyPLUS Technologies introduces the Portfolio Risk Manager, and Portfolio Risk Manager - Plus for financial lending and leasing institutions

Leading warning indicators have proven to be critical in managing risk and avoiding potentially large aircraft losses due to customer defaults. Two primary indicators are maintenance deferrals and loss of equity due to market changes or aircraft component consumption. Risk mitigation reduces the cost of loans to both banks and customers.

SkyPLUS Technologies recently introduced Portfolio Risk Manager, a complete portfolio early warning risk mitigation tool. This tool provides a clear intuitive quarterly indication of your portfolio: loan balances to the actual adjusted market value; market trend indications; and reflects significant deferred maintenance in an easy to understand simplified stop light report. The system supports all airplane or helicopter products.

With the complexities of today’s credit market many financial institutions currently require both initial and recurring on site condition inspections as a requirement of the loan process. Needless to say this is a time consuming and costly process for both the customer and lender. SkyPLUS Portfolio Risk Manager significantly reduces the effort, associated expenses and external travel requirements.

Portfolio Risk Manage - Plus, adds all the features and benefits of the SkyBOOKS maintenance tracking and document archive system to the Portfolio Risk Manager. SkyBOOKS provides lenders and operators with visibility to a color coded aircraft maintenance status report, a complete digital copy of all original historical maintenance documents and part tags, meeting Federal Aviation Administration replacement guidelines, thus protecting the aircraft residual value.

SkyPLUS Technologies offers a Financial Alliance Partner Program specifically structured to meet lender needs. You can see an introductory overview of the complete capabilities at www.SkyBOOKS.com.

To discuss the SkyPlus Technologies Portfolio Risk Manager, Financial Alliance Partnership opportunity or SkyBOOKS in detail please stop by booth # 4433 or contact John Willis at 904 741 8700, Ext 216 or via email at jwillis@SkyPLUSTech.com.

About SkyPLUS Technologies

SkyPLUS Technologies LLC, based in Jacksonville, FL, manages through its own highly-secure data center the information processing requirements for any size rotary and fixed-wing business aviation operation. SkyPLUS is a management services company which hosts software over the internet on a subscription basis. The Company specializes in aviation process automation. www.SkyBOOKS.com

Media Contact:

If you'd like more information about this topic, please call Nicole Pischke at 866.929.8700 or e-mail Nicole at npischke@skybooks.com. 
Mailing address:
SkyPLUS Technologies 1310 Tradeport Drive, Jacksonville, FL 32218