Aerosonic Announces New Contract.

CLEARWATER, Fla.--(BUSINESS WIRE)--Dec. 4, 1998--Aerosonic Corp. (AMEX:AIM) announced Friday that its wholly owned subsidiary, Avionics Specialties Inc., located in Charlottesville, Va., has been awarded a contract by Lockheed Martin Corp. and has made initial delivery of its newest combined Angle of Attack/Air Data Multifunction Probe (MFP) for use on the Lockheed Martin Joint Strike Fighter Concept Demonstration Aircraft.

This state-of-the-art combined sensor incorporates several aircraft sensors into a single unit thereby reducing cost, weight, and complexity while improving on the performance of more conventional air data systems.

Since the 1950's, Avionics Specialties Inc. has pioneered in the development of Angle of Attack flight sensors, continuously incorporating new technologies that contribute to greater efficiency and safety in flight.

This new technology is being rapidly accepted throughout the avionics industry and this concept will prevail for a minimum of the next 10 to 15 years in both commercial and military aircraft.

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. 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 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.