Aurora, OR – According to filings with the U.S. Securities and Exchange Commission, Columbia Helicopters is raising $45,245,304.00 in a new round of investment. Sources indicate as part of senior management President and Chief Executive Officer, Steven Bandy played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate development.

About Columbia Helicopters

Columbia Helicopters, Inc. is a global operator of heavy-lift helicopters and provides maintenance support for commercial and military customers around the world. Columbia was the first successful helicopter logging company and is a national leader in selective timber harvest by helicopter. It also engages in the transportation of construction materials, such as power line towers, pipelines, rooftop HVAC units, steel, and ski lifts. Other flight operation projects include military support operations, petroleum exploration support, and aerial application of water and chemical retardants on forest fires.

To learn more about Columbia Helicopters, visit http://www.colheli.com/

Contact:
Steven Bandy, President and Chief Executive Officer
503-678-1222

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