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Venga Enters Into A Development Agreement With ARINC Incorporated To Create An Advanced Aircraft Maintenance Training Center.

TORONTO, ONTARIO, Sep 14, 2005 (CCNMatthews via COMTEX) -- Venga Aerospace Systems Inc. (TSX VENTURE:VAV)(PINK SHEETS:VNGAF) announced today that it has entered into a development agreement with ARINC Incorporated and Fulcrum Inc. to explore the creation of an advanced training center capable of providing maintenance training to civil and military aircrews in the worldwide marketplace. The development agreement confirms the parties' intention to proceed in good faith to negotiate and finalize a full business agreement between the parties with respect to the creation, management and operation of the proposed maintenance training center.

ARINC Incorporated (www.arinc.com) is ...

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