Cofrance SARL Becomes First Charter Broker in France to Earn ARGUS Registered Broker Rating

Cincinnati, Ohio, May 4, 2017

ARGUS International, Inc. (ARGUS) is pleased to announce Cofrance SARL, a leading charter broker for Russian speaking clients worldwide, as the first French charter broker to earn the ARGUS Registered Charter Broker Rating.

As the most recognized and trusted source of information on the charter business around the world, the ARGUS Charter Broker Program raises the bar to meet the high expectations and due diligence requirements of charter consumers and commercial aircraft operators. Although there are many charter brokers in the industry, only the finest can qualify as an ARGUS Rated Charter Broker.

“We’ve spent nine months going through the serious standardized process to receive the status we’ve been working toward,” said Vitaly Arkhangelsky, Director of Cofrance SARL. “We are proud to be registered.”

“We are pleased to announce Cofrance SARL as our first French Registered Charter Broker,” said Joe Moeggenberg, President and CEO of ARGUS International, Inc. “With an ever-increasing number of brokers entering the industry it is critical to keep customer safety, finances and comfort at the forefront of business practices. Cofrance has reinforced their commitment to safety and assurance with this certification.”

Consistent with the ARGUS Gold and Platinum rating program for charter operators, the ARGUS Charter Broker Program is designed to provide end consumers and aircraft operators with unbiased, factual and relevant data necessary to make informed and confident decisions every time they participate in a charter flight facilitated through a charter broker. An ARGUS Registered Charter Broker must provide ARGUS with documented proof of specific requirements, and annually pledge their commitment to adhering to industry best practices and applicable regulations. A Certified Charter Broker will submit the same documentation and annual pledge, and will undergo an on-site audit, once every two years, to prove their compliance with industry best practices and applicable regulations.

About ARGUS

ARGUS International, Inc. (ARGUS) is a specialized aviation services company whose mission is to provide the aviation marketplace with data and information necessary to make informed decisions and manage risk. ARGUS provides world-class aviation software and business management solutions, including revolutionary new AVMOSYS business management software, TRAQPak, CHEQ, and ARMOR SMS. ARGUS Charter operator ratings are the most recognized and requested independent source of overall operator quality. TRAQPak provides industry leading market intelligence data and research services, as well as expert aviation consulting.

About Cofrance SARL

Cofrance SARL (AVIAV TM) was established in the South of France in the scenic Mediterranean city of Nice. Cofrance SARL has since become a leading player in the aviation charter brokerage market for Russian speaking clients chartering aircrafts and helicopters in Monaco, France and Mediterranean area. Our principal corporate mission is to provide world-class sale and purchase (S&P) support for private jets and helicopters. This dedicated support is tailored to each client’s needs and specific requirements. Cofrance SARL also provides support and provisioning for aircrafts, helicopters. We have direct experience in space and aviation insurance and insurance claims.  We have capably handled and successfully settled large aviation and airport claims. We also provide expert advice on health and safety issues in the aviation field.