Basta Holdings Generates Nearly $1 Million in Monthly Revenue for March 2014

FORT LAUDERDALE, Fla., April 21, 2014 (GLOBE NEWSWIRE) -- BastaHoldings Corp. (OTCBB:BSTA), an aviation services and logisticsmanagement company, today announced that it booked $959,981 in revenuesduring the month of March 2014.Although there is no guarantee that Basta Holdings will generate thisincome in the future, its revenue for March 2014 is putting the Companyon pace to generate at least approximately $11.5 million in anticipatedannual revenues.As previously reported, on January 31, 2014 Basta Holdings entered intoan agreement with WAB International, Inc., a provider of heavyhelicopter long-term charter and logistics management services, toassume the management of specific aviation service contracts thatgenerated approximately $70 million in revenue in 2013 between WAB andits affiliated group of companies.Also as previously reported, on January 31, 2014, the Company enteredinto a marketing agreement with Monarch Air Group, LLC, a provider ofaircraft and crew management services for rotary and fixed wingaircraft as well as chartering on-demand private, corporate and luxuryflights.March 2014 represented the first month of revenue-generating operationsfor Basta Holdings following these agreements. Additionally, theCompany is in negotiations with major aviation companies in China andAfrica and plans to expand its long-term heavy helicopter leasingbusiness and establish joint ventures in the acquisition anddevelopment of maintenance, repair and overhaul (MRO) facilities.Management also expects to enter into long-term aircraft leases andacquire additional assets to increase the size and efficiency of itsfixed-based operator (FBO) operations."Basta Holdings is pleased to report strong initial revenues from ourrecent partnerships in the fields of heavy helicopter leasing andprivate aviation and we anticipate these will generate multi-milliondollar annual revenues for the Company. These agreements serve as asolid foundation as Basta Holdings establishes itself as a leadinginternational provider of independent aviation maintenance, repair andoverhaul (MRO) services," stated Jacob Gitman, Ph,D., President ofBasta Holdings Corp."This is a very exciting time for our shareholders as the company plansto experience significant growth in 2014. The soaring worldwide demandfor commercial jet transport fleet provide a tremendous marketopportunity for Basta Holdings, particularly in the US and China. Webelieve our unique, market-changing MRO business model will allow theCompany to rapidly acquire a significant market share and sustainlong-term growth," continued Dr. Gitman.About Basta Holdings Corp.Basta Holdings Corp. provides contract procurement, businessdevelopment and management services in the aviation and logisticsindustries. The company specializes in management of long-term ACMIleases of fixed wing and rotary passenger and cargo aircrafts andprivate business aviation, which includes charter, maintenance,overhaul and FBO development and management as well as variousauxiliary services. For more information on the company, please visitwww.bastaholdings.com.