Market Overview

Tel-Instrument Electronics Corp. Receives Initial $520,000 Mode 5 Test Set Order for the German Military


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 that it received
an initial purchase order totaling $520,000 from its European
Distributor, Muirhead Avionics ("Muirhead") for Mode 5 test sets from
the contract awarded by the German military. This is a seven-year
procurement contract with anticipated orders for the 2019 calendar year
of approximately $3.5 million in total.

Jeff O'Hara, Tel's President and CEO said, "We are pleased to announce
that the German military has selected one of TIC's market-leading Mode 5
test sets for its flight-line testing requirements. This multi-year
contract was originally announced last summer but had been delayed due
to an unsuccessful protest from a competitor. The initial test sets will
be delivered this summer, and we anticipate that additional orders will
bring TIC's 2019 calendar year bookings for this customer to
approximately $3.5 million. This was an important win for our Company
and we believe it will further our continued growth and profitability
going into our next fiscal year. We continue to work on other
substantial domestic and international orders that we hope to secure
over the next few months."

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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