Market Overview

HEICO Corporation Subsidiary Acquires Interface Displays & Controls, Inc.


HEICO's 4th Acquisition This Year

HEICO Corporation (NYSE:HEI) (NYSE:HEI) today announced that its
Radiant Power Corp. ("Radiant") subsidiary acquired Interface Displays &
Controls, Inc. ("IDC") in an all cash transaction, which is HEICO's
fourth acquisition this year. Radiant is part of HEICO's Electronic
Technologies Group.

HEICO stated that it expects the acquisition to be accretive to its
earnings within a year following the purchase. Further financial terms
and details were not disclosed.

IDC, which was founded in 1976 and is located in Oceanside, CA, designs
and manufactures electronic products for aviation, marine, military
fighting vehicles, and embedded computing markets. These products
include original equipment and retrofit control panel and bezel
assemblies, smart cockpit displays, and night vision compatible exterior
lighting for military fixed wing and rotorcraft platforms.

Anish V. Patel, Radiant's President, stated, "We are very excited to
bring the Interface Displays & Controls, Inc. product lines into our
portfolio. IDC's addition expands Radiant's product offerings to our
existing customer base and allows us to better address market needs."

Laurans A. Mendelson, HEICO's Chairman & Chief Executive Officer, and
Victor H. Mendelson, HEICO's Co-President and CEO of its Electronic
Technologies Group, jointly noted: "This acquisition is consistent with
HEICO's long-term strategy of acquiring businesses that provide great
products and services to their customers. We fully support the Radiant
team's efforts and will continue to look for value-added acquisitions
for our subsidiaries."

Eureka Capital Markets, LLC acted as the exclusive financial advisor to
IDC in the transaction.

Located in Sarasota, Florida, Radiant Power Corp. is focused on the
design and manufacture of emergency power supplies, power distribution
and controls, flight deck sensors and indicators, and passenger comfort
products for the aerospace and military markets. More information can be
found at

HEICO Corporation is engaged primarily in the design, production,
servicing and distribution of products and services to certain niche
segments of the aviation, defense, space, medical, telecommunications
and electronics industries through its Hollywood, Florida-based Flight
Support Group and its Miami, Florida-based Electronic Technologies
Group. HEICO's customers include a majority of the world's airlines and
overhaul shops, as well as numerous defense and space contractors and
military agencies worldwide, in addition to medical, telecommunications
and electronics equipment manufacturers. For more information about
HEICO, please visit our website at

Certain statements in this press release constitute forward-looking
statements, which are subject to risks, uncertainties and contingencies.
HEICO's actual results may differ materially from those expressed in or
implied by those forward-looking statements as a result of factors
including: lower demand for commercial air travel or airline fleet
changes or airline purchasing decisions, which could cause lower demand
for our goods and services; product specification costs and
requirements, which could cause an increase to our costs to complete
contracts; governmental and regulatory demands, export policies and
restrictions, reductions in defense, space or homeland security spending
by U.S. and/or foreign customers or competition from existing and new
competitors, which could reduce our sales; our ability to introduce new
products and services at profitable pricing levels, which could reduce
our sales or sales growth; product development or manufacturing
difficulties, which could increase our product development costs and
delay sales; our ability to make acquisitions and achieve operating
synergies from acquired businesses; customer credit risk; interest,
foreign currency exchange and income tax rates; economic conditions
within and outside of the aviation, defense, space, medical,
telecommunications and electronics industries, which could negatively
impact our costs and revenues; and defense budget cuts, which could
reduce our defense-related revenue. Parties receiving this material are
encouraged to review all of HEICO's filings with the Securities and
Exchange Commission, including, but not limited to filings on Form 10-K,
Form 10-Q and Form 8-K. We undertake no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise, except to the extent required
by applicable law.

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