Dr. Paul MacCready, Founder and Former Chairman of AeroVironment, Dies at 81

AeroVironment

MONROVIA, Calif., August 29, 2007 –[ASDWire]– Dr. Paul MacCready, internationally renowned innovator and entrepreneur, founder and former chairman of the board of directors of AeroVironment, Inc., passed away in his sleep on Tuesday, August 28. Dr. MacCready had recently been diagnosed with a serious ailment. His passing occurred less than one week after the 30th anniversary of one of his most notable accomplishments, the record-setting flight of his human powered airplane, the Gossamer Condor.

“The world has lost a man of unique vision, and the people of AV have lost a mentor and friend,” said Tim Conver, AeroVironment’s chairman, chief executive officer and president. “Paul was an inspiration to so many people around the globe who were touched by his accomplishments and his innovative approach of “doing more with much less”.

Conver continued, “The people of AV are diminished today as a result of his passing. At the same time, we are better for having known and worked with him, and we re-dedicate our efforts to the important work that carries on his legacy. Of all his accomplishments, Paul’s greatest contribution may have been his remarkable ability to demonstrate that ‘impossible’ is no match for human imagination and perseverance. On behalf of everyone at AeroVironment, I express my sincere condolences to Paul’s wife Judy, his three sons and his two grandchildren.”

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