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2008 PRESS RELEASES

 

May 5 , 2008
Aerosonic Awarded New Contract for UH 60 Blackhawk Indicators

CLEARWATER, Fl.. – May 5, 2008 - Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, announced today that the company has been awarded a new contract to supply indicators to the US Military through Defense Supply Center Richmond, which serves as the lead center for aviation weapon systems and primary supply source to support these systems for the US Armed Forces. The indicators are standard equipment for the UH 60 Blackhawk Helicopter.

Under the terms of the agreement, the US Government has the option to extend the one year term for an additional four years. The potential value of this contract is $4.1 million over the five year period should all renewal options be fully exercised. Initial deliveries of the indicators with a contract value of $0.6 million will begin later this year.

"The Blackhawk helicopter plays a vital role in current military efforts. We are very pleased to be a part of the continued production and support of this important fleet," stated Douglas Hillman, President and CEO of Aerosonic.

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.

 

 

 


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