POGO Jet, Inc., Files Registration Statement for Proposed Initial Public Offering



    CHICOPEE, MASS., September 13 /CNW/ - POGO Jet, Inc. (proposed NASDAQ
Global Market Symbol: POGO) today announced that it has filed a registration
statement on Form S-1 with the U.S. Securities and Exchange Commission
relating to the proposed initial public offering of shares of its common
stock. The offered shares will be sold by POGO.

    W.R. Hambrecht + Co., LLC will act as the sole book-running manager for
the offering. The public offering price and allocation of shares will be
determined primarily by the OpenIPO auction process of WR Hambrecht + Co. The
number of shares to be offered and the price range for the offering have not
yet been determined. When available, prospectuses may be obtained from the
prospectus department of WR Hambrecht + Co. at 555 Lancaster Avenue, Suite
200, Berwyn PA 19312, by telephone at 877-828-5200 or by emailing
info@wrhambrecht.com.

    POGO Jet, Inc. plans to offer on-demand jet charter service using very
light jets, initially in the Northeast, Mid-Atlantic, Ohio Valley and
Carolinas.

    The registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. This press release
shall not constitute an offer to sell or a solicitation of an offer to buy,
nor will there be any sale of these securities in any state or jurisdiction in
which such an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state or
jurisdiction.




For further information:

For further information: WR Hambrecht + Co John Schneider, 415-551-3125
jschneider@wrhambrecht.com

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POGO JET, INC.

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