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2006 PRESS RELEASES

 

January 11, 2006
Aerosonic Announces Final Disposition of Litigation

CLEARWATER, Fla. -- January 11, 2006 -- Aerosonic Corporation (AMEX:AIM), a provider of precision flight products for commercial, business and military aircraft, announced today the final disposition of the Company's class action litigation and derivative litigation. These suits were settled earlier in 2005, and were approved by the United States District Court and the Thirteenth Judicial Circuit Court of Hillsborough County, Florida, respectively, in November 2005, subject to possible objection and appellate review, if any, before the end of December 2005. There were no timely objections raised or appeals filed in connection with the settlements of the suits.

Aerosonic Corporation, headquartered in Clearwater, Florida, is principally engaged in the manufacture of aviation products. Locations of the Company include Clearwater, Florida, Charlottesville, Virginia and Wichita, Kansas. For additional information, visit the Company's website at www.aerosonic.com.

This document contains statements that constitute "forward-looking" statements within the meaning of the Securities Act of 1933 and the Securities Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. "Forward-looking" statements contained in this document include the intent, belief or current expectations of the Company and its senior management team with respect to future actions by officers and directors of the Company, prospects of the Company's operations, profits from future operations, overall future business prospects and long term stockholder value, as well as the assumptions upon which such statements are based.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those contemplated by the forward-looking statements in this document include, but are not limited to, adverse developments with respect to the resolution of current stockholder litigation, adverse developments involving operations of the Company's business units, failure to meet operating objectives or to execute the business plan, and the failure to reach revenue or profit projections. The Company undertakes no obligation to update or revise the forward-looking statements contained in this document to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results over time.

 

 


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