Innovative Solutions & Support, Inc. Announces Location Change of Annual Meeting of Shareholders to be held on April 16, 2020

Innovative Solutions & Support, Inc. ("IS&S" or the "Company") (NASDAQ: ISSC) today announced notice of a change in location of its Annual Meeting of Shareholders to be held on April 16, 2020 (the "Annual Meeting"). In light of public health concerns regarding the coronavirus outbreak (COVID-19), and the travel and public gathering restrictions being imposed throughout Pennsylvania as a result thereof, the Annual Meeting has been changed to be held in a virtual meeting format only.

Shareholders as of the close of business on February 18, 2020, which is the record date for the Annual Meeting, can attend the virtual meeting via www.virtualshareholdermeeting.com/ISSC2020. Further information regarding the change of location of the Annual Meeting can be found in the Notice of Change of Location filed by IS&S with the U.S. Securities and Exchange Commission on April 1, 2020.

As described in the proxy statement for the Annual Meeting previously made available (the "Proxy Statement"), IS&S shareholders are entitled to notice of and to vote at the Annual Meeting if they were a shareholder of record as of the close of business on February 18, 2020, or hold a proxy card for the meeting provided by their broker (together with a copy of a brokerage statement reflecting such shareholder's common stock ownership as of the record date). Whether or not a shareholder plans to attend the Annual Meeting by virtual means, the Company urges its shareholders to vote and submit their proxy in advance of the Annual Meeting by one of the methods described in the Proxy Statement. The proxy card included with the Proxy Statement will not be updated to reflect the information provided above and may continue to be used to vote each shareholder's shares in connection with the Annual Meeting. If IS&S shareholders have previously submitted a proxy using one of the methods described in the Proxy Statement and proxy card, their vote will be counted and they do not need to submit a new proxy or vote at the Annual Meeting, although IS&S shareholders may change or revoke their vote by attending the Annual Meeting and voting virtually or by one of the other methods described in the Proxy Statement.

IS&S shareholders who have questions about the Proxy Statement or voting their shares should contact the Company's Secretary and Chief Financial Officer, Relland M. Winand, at (610) 646-0350.

About Innovative Solutions & Support, Inc.

Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. (www.innovative-ss.com) is a systems integrator that designs and manufactures flight guidance and cockpit display systems for Original Equipment Manufacturers (OEMs) and retrofit applications. The company supplies integrated Flight Management Systems (FMS), auto-throttle systems and advanced GPS receivers for precision low carbon footprint navigation.