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2006 PRESS RELEASES

 

December 19, 2006
Aerosonic
Expands its International Reach Receiving Order for Air Data Systems from Korean Aerospace Company

CLEARWATER, Fla. -- December 19, 2006 -- Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, today announced that Avionics Specialties, Inc., Aerosonics wholly-owned subsidiary, has received a $7.5 million order from Korea Aerospace Industries Limited (KAI) to supply air data systems that include its integrated multifunction probe (IMFP) and related equipment for the production of KAIs T50 aircraft. Shipments to KAI are expected to occur over a three-year period beginning in September 2007.

The IMFP provides angle of attack, air data sensing and pressure sensing for military aircraft in one probe, reducing the flight management system complexity on military aircraft, and is currently installed on the KAI T50 military trainer as well as the F16 Block 60 jet fighter and the M346 military trainer.

We are pleased to have secured this order from KAI for delivery of our air data systems for their T50 program, commented David Baldini, Chairman, President and Chief Executive Officer. This order provides us with further market penetration for one of our technologically advanced products in a growing segment of the military market, and further strengthens our relationship with a valued customer.

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 Companys 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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