December 11, 2006
Aerosonic Reports Third Quarter Results

CLEARWATER, Fla. -- December 11, 2006 -- Aerosonic Corporation (AMEX:AIM - News), a leading supplier of precision flight products for commercial, business and military aircraft, announced that today it filed its quarterly report on Form 10-Q for the quarter ended October 27, 2006, with the U.S. Securities and Exchange Commission.

For its fiscal quarter ended October 27, 2006, the Company reported revenues of approximately $7.9 million, down 12% as compared to revenues of approximately $9.0 million for the fiscal quarter ended October 28, 2005. This decrease compared to last year was primarily attributed to reduced spare parts revenue as well as reduced revenue recognition on the nearly complete F-35 (Joint Strike Fighter) development contract.

The Company reported net income for the quarter ended October 27, 2006 of approximately $270,000, or $0.08 per share, versus net income of $490,000, or $0.12 per share for the quarter ended October 28, 2005. This decrease was the result of lower revenue, but the revenue shortfall was nearly offset by improvements in gross profit rates as well as lower administrative costs associated with the use of outside professionals during the period. Income tax expense was higher due to a reduction in the estimate of extraterritorial income tax credits in the current year.

For the nine months ended October 27, 2006, the Company reported revenues of approximately $24.0 million, down 11% when compared to revenues of approximately $27.0 million for the nine months ended October 28, 2005. This decrease was primarily attributed to continued weak spare parts sales as well as reduced revenue recognition on the F-35 as the development program nears completion.

Net income for the nine months ended October 27, 2006 was approximately $776,000, or $0.21 per share, down from $1,421,000, or $0.36 per share for the nine months ended October 28, 2005. This decrease was driven by a reduction in gross profit due to lower revenue as well as higher income tax expense due to a reduction in the estimate of extraterritorial income tax credits in the current year.

"We have made progress toward reducing our operating costs, improving our margins and positioning our Company for future growth," stated David Baldini, Aerosonic's Chairman, President and Chief Executive Officer. "We completed the initial phase of our consolidation strategy by closing our Wichita, Kansas location and moving its operations to Clearwater, Florida. Consistent with the plan to further develop the capabilities of our business, we will continue the execution of this strategy in a phased approach to ensure that our cost structure is appropriate for our business while preserving capacity for future growth."

Aerosonic Corporation, headquartered in Clearwater, Florida, is principally engaged in the manufacture of aviation products. Locations of the Company include Clearwater, Florida and Earlysville, Virginia. 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.