Aerosonic Announces Fiscal Year End 2000 Results.

Business Editors

CLEARWATER, Fla.--(BUSINESS WIRE)--April 10, 2000

                            Twelve Months Ended
                                  Jan. 31,
                            2000            1999

Net Sales               $23,271,000     $19,670,000
Gross Profit              8,362,000       7,736,000
Profit Before Taxes         481,000         581,000
Income Tax Expense          221,000         228,000
Net Income              $   260,000     $   353,000
Net Income Per Share    $      0.07     $      0.09
Basic Weighted Average
 Shares Outstanding       3,937,078       3,944,359
Diluted Weighted
 Average Shares
 Outstanding              3,937,078       3,944,359

Aerosonic Corp. (AMEX:AIM) announced Monday its operating results for the fiscal year ended Jan. 31, 2000. Sales during FY2000 increased by 18% to $23,271,000 versus $19,670,000 in the prior fiscal year.

Profit before tax for the fiscal year ended Jan. 31, 2000 was $481,000 and $581,000 for the prior year. This represents a decline from the prior fiscal year resulting primarily from management's concerted effort to sell off lower margin products in order to redirect its total efforts towards the advanced product line including the two-inch mechanical and servo-driven instruments. The company placed into effect a planned reduction in delivery of the less expensive product lines.

Aerosonic Corp.'s sales order backlog as of Jan. 31, 2000 was $30,824,000 of which 86%, or $26,509,000, is expected to be delivered in FY2001, as compared to $19,346,000 in the previous fiscal year. The sales order backlog now includes a significant concentration of the company's advanced electromechanical products. For FY2001 management expects to continue with the manufacturing and production plan for increased sales as well as reducing expenses in conjunction with delivery of the advanced product line.

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 press release include the intent, belief or current expectations of the company and its senior management team with respect to the future prospects of the company's operations, and belief concerning profits from operations for FY2001 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 involve risks, 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 press release include, but are not limited to, adverse developments with respect to the 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 press release to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.