MILWAUKEE, July 17, 2001  /PRNewswire/ -- Volvo Aero Services (formerly The AGES Group) announced the signing of a MOU for a multi-million dollar parts agreement with aviation aftermarket specialist Tracer Corp. and pioneering Internet parts market TradeAir.com. The deal, announced at the Paris Air Show, calls for Tracer and TradeAir to partner with Volvo Aero Services to handle the sale of VAS' inventory of top-flight commercial aviation expendable parts.

TradeAir CEO, Bill Morales said, ``This is a perfect combination of real-world parts handling capabilities and next generation Internet technologies. We're fired up about our partnership with Volvo Aero Services, and I guarantee that we will make a difference for VAS.''

Volvo Aero Services President, Claes Malmros said, ``In following with our philosophy of specialized partnerships, we are pleased to have Tracer and TradeAir.com as partners to add focus to marketing our expendable inventory. The combination of Tracer's expertise in expendables and TradeAir's net market technology allows us to concentrate on increasing our service to our customers, in offering them total asset management solutions.''

Tracer CFO Tracy Madsen explained, ``Tracer's aggressive use of technology and its down-to-earth parts expertise is a harbinger of things to come. The aviation industry is going to be impressed with this combination of bricks and clicks.''

Volvo Aero Services (formerly The AGES Group) is a leading provider of aftermarket parts and services, including distribution, leasing, asset management, and repair services. For more information contact us at Volvo Aero Services, or 1-561-998-9330.

Tracer Corp. is based in Milwaukee, Wis. and is a provider of a complete line of aviation aftermarket parts and services. http://www.tracercorp.com . Call 1-414-875-1234.

TradeAir.com is the pioneering aviation Internet aftermarket where buyers and sellers of commercial aftermarket parts can trade in real-time. Parts. Plane and Simple. Visit http://www.tradeair.com or call 1-414-875-2188.