Aerosonic Awarded Cockpit Instruments on New Cessna Mustang
CLEARWATER, Fla., Dec. 12 /PRNewswire-FirstCall/ -- Aerosonic Corporation a
leading manufacturer of aircraft instruments for military, commercial, and
general aviation applications, has been awarded a multi-year contract to design
and manufacture electronic standby instruments for Cessna's new Citation Mustang
jet aircraft. These instruments will enhance Aerosonic's product offering of
mechanical instruments and will incorporate a microprocessor-based design that
assures the accuracy and reliability required by Cessna for this new aircraft.
"This award represents another milestone in a relationship between Cessna and
Aerosonic that spans 30 years," stated Mark Perkins, Aerosonic's Executive Vice
President of Sales and Marketing. "We are proud and privileged to be launching a
new product line on an aircraft that has such tremendous market appeal with a
world class aircraft manufacturer like Cessna." The Citation Mustang is Cessna's newest entry-level business jet and will offer
customers the same quality, safety, value and support that have been the
foundation of the Citation program for over 30 years. The Mustang will be
certified as a FAR Part 23 aircraft, with a cruise speed of 340 knots at 35,000
feet, and a maximum operating altitude of 41,000 feet. Cessna anticipates type
certification and first customer deliveries in the fourth quarter 2006.
Aerosonic Corporation is a recognized leader in the manufacture of aviation
products for the aerospace and defense industries. It is headquartered in
Clearwater, Florida and has operating divisions in Clearwater, at its wholly
owned subsidiary Avionic Specialties, Inc. in Virginia, and in Wichita, Kansas.
This press release 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, the amount of any anticipated
restatements, profits from future operations, and the Company's overall future
business prospects, 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 management issues, 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. DATASOURCE: Aerosonic Corporation CONTACT: Mark Perkins, Executive V.P., Sales & Marketing, Aerosonic Corporation, +1-727-461-3000, or ; or Pamela R. Lagano, Lagano & Associates, Inc., +1-727-726-7910, or , for Aerosonic Web site: http://www.aerosonic.com/
|