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Message #4
From: NewsBot
Date: October 4, 2006 01:00:00 PM

AIM News Aerosonic Announces Consolidation of Repair Services

CLEARWATER, Fla.--(BUSINESS WIRE)--Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, today announced the consolidation of its Wichita-based repair facility into its Clearwater-based operations. The consolidation represents a repositioning of Aerosonic’s resources that adds on-site support of the Quality and Engineering functions to the repair activities that have been performed by the Wichita facility. This change is expected to shorten the turnaround of the repair cycle, improving performance and customer service.

“The repair facility is responsible for returning used Aerosonic products to a like-new condition based on the most current testing specifications. The consolidation of these business activities, which should be completed by the end of October, will enable Aerosonic to improve the efficiency of its repair operations and is expected to reduce annual operating costs by nearly $500,000,” commented David Baldini, Chairman, President and Chief Executive Officer. “As a component of our goal of increasing our competitiveness and profitability, we are focused on creating a more efficient overhead structure and enhancing our production capacity.”

The Company expects to close the Wichita-based repair facility by November 1, 2006. Estimated costs for the facility’s closure are approximately $100,000. The Company is assisting with placement opportunities for employees based at this location, and may relocate some employees to the Company’s Clearwater, Florida operations.

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 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 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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