Market Overview

Tel-Instrument Electronics Corp. Announces $816,000 Test Set Order and Receipt of AIMS Certification for the T-47/M5 Test Set


Tel-Instrument Electronics Corp. ("Tel", "Tel-Instrument" or the
"Company") (NYSE:TIK), a leading designer and manufacturer of
avionics test and measurement solutions, today reported the receipt of
an $816,000 order for Mode 5 test sets from a major U.S. defense
contractor, and the receipt of U.S. DOD AIMS certification for Tel's new
T-47/M5 Test Set.

Jeff O'Hara, Tel's President and CEO said, "We are pleased to report the
receipt of the Mode 5 test set order from an important domestic
customer. Shipments on this order will commence in the current fiscal
quarter. We also expect to receive a larger follow-on order from this
customer later this fiscal year. We are also excited to receive
certification for our new T-47/M5 dual crypto Mode 5 test set from the
U.S. DOD International AIMS Program Office. The T-47/M5 certification is
critical to our Mode 5 international marketing efforts as this will be
the test set of choice for many international customers. The receipt of
this certification should result in additional near-term orders, and
will allow us to begin shipments this quarter to certain international
customers that require AIMS approval.

We also have several other international contracts in process and expect
to report additional international contracts in the near future. We
believe this new order, in conjunction with the AIMS certification and
the recent $4.3 million test set order from the U.S. DOD, should result
in a strong improvement in both revenues and profitability starting in
the current quarter."

About Tel-Instrument Electronics Corp.

Tel-Instrument is a leading designer and manufacturer of avionics test
and measurement solutions for the global commercial air transport,
general aviation, and government/military aerospace and defense markets.
Tel-Instrument provides instruments to test, measure, calibrate, and
repair a wide range of airborne navigation and communication equipment.
For further information please visit our website at

This press release includes statements that are not historical in
nature and may be characterized as "forward-looking statements,"
including those related to future financial and operating results,
benefits, and synergies of the combined companies, statements concerning
the Company's outlook, pricing trends, and forces within the industry,
the completion dates of capital projects, expected sales growth, cost
reduction strategies, and their results, long-term goals of the Company
and other statements of expectations, beliefs, future plans and
strategies, anticipated events or trends, and similar expressions
concerning matters that are not historical facts. All predictions as to
future results contain a measure of uncertainty and, accordingly, actual
results could differ materially.
Among the factors which could
cause a difference are:
changes in the general economy; changes
in demand for the Company's products or in the cost and availability of
its raw materials; the actions of its competitors; the success of our
customers; technological change; changes in employee relations;
government regulations; litigation, including its inherent uncertainty;
difficulties in plant operations and materials; transportation,
environmental matters; and other unforeseen circumstances.
number of these factors are discussed in the Company's previous filings
with the U.S. Securities and Exchange Commission. The Company disclaims
any intention or obligation to update any forward-looking statements as
a result of developments occurring after the date of this press release.
The safe harbor for forward-looking statements contained in the
Securities Litigation Reform Act of 1995 (the "Act") protects companies
from liability for their forward-looking statements if they comply with
the requirements of the Act.

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