Innovative Solutions & Support receives unsolicited proposal from Christopher Harborne at $7.25/share

INNOVATIVE SOLUTIONS & SUPPORT INC

Receipt of unsolicited non-binding indication from Christopher Harborne to acquire all outstanding ISSC shares at $7.25 per share cash.
Proposal subject to negotiation, due diligence, definitive agreements, and antitrust clearance.
Board will review the indication with advisors to determine course of action.
Company advises shareholders to take no action; no further comment until board completes review.

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