Aerosonic Named as Supplier on Major New Program.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. 17, 1999-- Aerosonic Corp. (AMEX AMEX See: American Stock Exchange :AIM) announced Friday that it has been selected to provide instrumentation instrumentation, in music: see orchestra and orchestration. instrumentation In technology, the development and use of precise measuring, analysis, and control equipment. for the new Ayres Loadmaster load·mas·ter n. An aircraft crew member in charge of loading and unloading cargo or heavy weapons. An Air Force technician qualified to plan loads, to operate auxiliary materials handling equipment, and to supervise loading and unloading LM200 and LM250 aircraft. The Loadmaster is the new innovative twin-engine, single-propeller aircraft being developed by Ayres Corp. located in Albany, Ga. The launch customer for the Loadmaster is Fed Ex with firm orders for 75 LM200 aircraft and options for another 275 LM200 and 100 LM250 aircraft. Ayres has also received orders from other commercial customers, both domestic and international, bringing the total orders plus options to 410 LM200 and 100 LM250 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 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 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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