
DELRAY BEACH, Fla., Jan. 4, 2011 — Pet Airways Inc. (PAWS.PK), the world’s first airline designed specifically for the comfortable, efficient and safe transportation of pets, today announced that Andrew Warner has been named President and Chief Financial Officer. Mr. Warner also serves as a member of the Pet Airways board of directors.
Mr. Warner has more than 25 years of experience in financial and general management, with leadership positions in both public and private companies. He specializes in nurturing rapid growth in young consumer-oriented companies, particularly with respect to consumer technology.
Prior to joining Pet Airways, Mr. Warner served as Chief Financial Officer of EnergyConnect Group, Inc., a leading provider of smart grid demand response services and technologies. Prior to that, Mr. Warner was the Chief Financial Officer of SmartDisk Corporation, which provided electronic storage solutions and was subsequently acquired by Verbatim. Mr. Warner was also the Chief Executive Officer of Zio Corporation, a private, digital consumer electronics company that was acquired by SmartDisk Corporation. Prior to Zio Corporation, Mr. Warner served as Chief Financial Officer, President of the U.S. Division and Executive Vice President of SCM Microsystems Inc., a global provider of digital security and identity management technology.
“We are delighted that Andrew has agreed to join the Pet Airways team. With his strong financial and business experience, we believe that he will be instrumental in helping Pet Airways become a household name and solidify our leadership position in pet transportation,” said Dan Wiesel, Chairman and Chief Executive Officer of Pet Airways. “In particular, his experience growing successful companies, managing transactions and raising capital will be invaluable to us.”
Andrew Warner commented, “Pet Airways is an exciting company that has the potential to fundamentally change the travel category. Pets are a very important part of the family, and by providing a safe and caring alternative to cargo, Pet Airways can transform the concept of family travel. I am thrilled to join the Pet Airways executive team, to work with Dan to broaden Pet Airways’ services and expand the company’s infrastructure.”
Since Pet Airways’ launch in July 2009, flight capacity has nearly doubled with expansion from the original five destinations to the current nine. Revenue for the first nine months of 2010 more than tripled over the prior year, with over 3,000 pets flown through September 2010. The company continues to enjoy significant national and regional press coverage and recently announced a partnership with Petmate®, the leading provider of portable carriers.
About Pet Airways, Inc.
Pet Airways is the first airline specifically designed for the safe and comfortable transportation of pets. Pet Airways’ pawsengers™ travel in the specially equipped main cabin of its planes – where pets are continuously monitored by an In-Flight Pet Attendant and the climate is controlled for maximum pet comfort. With Pet Airways, pet parents can be assured their animals will be treated with tender, loving care throughout the journey. The airline launched flight operations in 2009 and currently serves coast-to-coast destinations across the United States, including Los Angeles, Phoenix, Denver, Omaha, Chicago, Baltimore, New York, Atlanta and Ft. Lauderdale. For more information go to www.petairways.com.