Aerosonic Announces Filing of 2005 Form 10-K and Results for Fiscal Year 2005.

CLEARWATER, Fla. -- Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, announced that today it filed its annual report on Form 10-K for the year ended January 31, 2005, with the U.S. Securities and Exchange Commission.

For its fiscal year ended January 31, 2005, the Company reported revenue of $30.8 million, down 1% when compared to revenues of $31.1 million for the fiscal year ended January 31, 2004. The Company's increased focus on its traditional lines of business resulted in significant increases in revenues for core instruments and electronics that nearly offset revenue decreases of approximately $3.5 million due to a reduction in development activity on the F-35 (Joint Strike Fighter) development contract and approximately $1.0 million due to the phase-out, begun in fiscal year 2004, of its Precision Components division business.

Net earnings for the year ended January 31, 2005 were approximately $1.5 million, or $0.39 per share, an increase of $1.0 million from approximately $0.5 million, or $0.14 per share, for the year ended January 31, 2004. The increase reflects a settlement with the Company's insurance carrier related to a June 2003 fire in its Clearwater, Florida production facility, the sale of its Engine Vibration Monitoring System product line inventory and the recognition of current and future income tax benefits that have become available due to improvements in the Company's profitability and its expected ability to utilize those tax benefits. The gains offset a reduction in the estimated profitability of the F-35 development contract, a substantial investment in the development of digital altimeter and airspeed products that it expects to have available for sale during the second half of the 2006 fiscal year and a charge for the previously-announced anticipated settlement of its securities class action litigation. Stockholders' equity on January 31, 2005 was approximately $10.5 million in contrast to stockholders' equity of approximately $8.9 million at January 31, 2004.

"We continue to make solid improvements in our core businesses as is evidenced by the significant increase in our production volume during our most recent fiscal year," stated David Baldini, Aerosonic's Chairman, President and Chief Executive Officer. "These operational improvements have allowed us to maintain profitability, generate operating cash flow and strengthen our balance sheet despite the incurrence of significant expenditures to resolve prior issues. While we are in a period of slower performance on the F-35 development contract compared to last year, we continue to devote considerable resources to complete the design and testing for the F-35 products that we believe will keep us well-positioned as a supplier of avionics in the industry. We will continue to focus on the development of plans and products that are essential for steering us through future challenges and opportunities that will build long term stockholder value."

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.