King started with the company in 1976 as a dispatcher and pilot. He launched the Express delivery division in 1984 and became vice president, sales in 1989.

Guy King commented, "I consider it a privilege to have worked with wonderful people who made great contributions to build a strong successful company. Now I look forward to spending more time with my family and pursuing other interests."

Joel Biggerstaff, chairman, president, and CEO of AirNet Systems Inc., acknowledged King's contributions to the company. "With the launch of the Express division in 1984, Guy King helped this company grow from a purely bank airline to one that serves the needs of all segments of the economy. He helped build the platform to grow our non-bank business. His contributions to the company will be felt for a long time and we wish him well."

About AirNet Systems Inc.

AirNet Systems Inc. operates AirNet Express, an integrated national air transportation network that provides expedited air transportation and passenger charter services to banks, medical customers, the U.S. government and other time-critical small package shippers in more than 100 cities nationwide. The AirNet airline has more than 120 aircraft, including 36 Learjets, located strategically throughout the United States. AirNet Express flies over half a million miles per week. AirNet's fleet departs most cities several hours after other major package delivery companies. To find out more, visit AirNet's Web site: www.airnet.com.

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