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<br /> ANSWERS TO QUESTIONS ABOUT CTEC <br /> <br />I. What is CTEC's environmental policy and how does that relate <br />to its parent corporations? <br />As a new, independent venture, CTEC will develop its own environ- <br />mental practices and record. CTEC is environmentally conscious <br />and concerned and will work with the appropriate agencies at the <br />local, county,' state and federal levels to be familiar with and to <br />comply with all applicable environmental regulations. <br />2. Will CTEC move toward producing more commercial products and <br />less military? <br />The aerospace market has two major elements -- commercial and <br />government. CTEC was established to serve the entire market <br />worldwide. Thus, the company will manufacture jet engine components <br />which meet market demands. The current aerospace market strength <br />is in the commerical area. We expect, as CTEC becomes established, <br />that the mixture of products the company manufactures will reflect <br />increasing emphasis toward commercial market activity. <br />3. ývhat lS CTEC's position on ethical behavior? <br />It is CTEC's intention to develop and live by sound ethical <br />standards in all its business practices. To achieve this, CTEC <br />will have discussions with customers, government agencies and <br />employees to become familiar with those practices that experience <br />has determined work well and avoid ethical questions. CTEC will <br />also educate its employees about these practices and urge employees <br />to bring promptly to management's attention any question or situa- <br />tion where they believe the company's and/or the industry's ethical <br />standards may be compromised. <br />4. What is CTEC's policy on possible "revolving door" conflicts <br />of interest? <br />CTEC's position was defined in general terms as mentioned in the <br />answer to the previous question about ethical standards. There <br />are numerous government regulations addressing the "revolving <br />door" isRue. CTEC will make itself thoroughly familiar with those <br />regulations and abide by them in the event the company encounters <br />circumstances to which these regulations apply. <br />