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AEROSONICS CORPORATION LISTS ON THE AMERICAN STOCK EXCHANGE; COMPANY PREVIOUSLY TRADED ON THE NASDAQ SYSTEM

 NEW YORK, March 9 /PRNewswire/ -- Aerosonics Corporation today commenced trading on the American Stock Exchange. The company's common stock, trading under the ticker symbol "AIM," opened at 10 a.m. at 3 on 1,100 shares. The company has selected AGS Specialists Partners as its specialist firm. Aerosonics Corporation previously traded over-the- counter on the NASDAQ system.
 Aerosonics Corporation, headquartered in Clearwater, Fla., is a leading manufacturer of flight instrumentation. The company supplies instrumentation to the military, to original equipment manufacturers and to the general aviation industry worldwide.
 "We are pleased to be able to move Aerosonics's common shares from NASDAQ to the American Stock Exchange," said David Goldman, the company's president and chief executive officer. "This switch from an electronic dealer-based system to the AMEX auction market will serve our shareholders' best interests. We believe an AMEX listing will mean greater liquidity, broad visibility and will provide our shareholders with a more efficient environment in which to invest."
 The American Stock Exchange is committed to becoming the recognized, premier marketplace for growth companies and derivative securities. By responding to listed company needs and initiating quality services, the AMEX finds innovative ways to add value to the expanding community of companies and investors it serves.
 -0- 3/9/93
 /CONTACT: Melissa Grand, manager, equities communications of American Stock Exchange, 212-306-1635/
 (AIM)


CO: Aerosonics Corporation ST: New York IN: AIR SU:

CK -- NY034 -- 4449 03/09/93 10:28 EST
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Publication:PR Newswire
Date:Mar 9, 1993
Words:239
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