Aerosonic Announces New Sales Orders.CLEARWATER Clearwater, city, United States Clearwater, residential and resort city (1990 pop. 98,784), seat of Pinellas co., W central Fla., on the Pinellas peninsula, between Clearwater Bay and the Gulf of Mexico; inc. 1891. , Fla.--(BUSINESS WIRE)--Dec. 16, 1999-- Aerosonic Corp. (AMEX AMEX See: American Stock Exchange :AIM) announced Thursday Thursday: see week. it has received new orders from its major OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers for both existing, new and development aircraft since September September: see month. totaling $4,697,910 as itemized below. These orders are for Aerosonic's traditional product line and new Air Data Test Set. -0-
September October November Total
--------- --------- --------- ----------
Altimeters $836,241 $334,496 $501,744 $1,672,481
Airspeed Indicators $443,783 $177,513 $266,270 $887,566
Rate-Of-Climb
Indicators $216,017 $86,406 $129,610 $432,033
Air Data Test Sets $303,280 $303,280
Standard Angle-of-
Attack $159,000 $174,000 $187,000 $520,000
Other $437,775 $269,110 $175,665 $882,550
Total $2,092,816 $1,041,525 $1,563,569 $4,697,910
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 a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 in the fourth quarter of FY2000 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. |
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