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Tel-Instrument Announces over $1,000,000 in New Orders, Including over $540,000 in International Mode 5 Orders

Tel-Instrument Electronics Corp. (“Tel”, “Tel-Instrument” or the “Company”) (NYSE American: TIK), a leading designer and manufacturer of avionics test and measurement solutions, today announced that last week it received over $1,000,000 in orders from four (4) customers, including $543,000 of international Mode 5 orders and $442,000 in orders from our commercial distributor, primarily for a major U.S. airline.

In commenting on the results, Mr. Jeffrey O’Hara, President and CEO of Tel, stated, “We have seen a solid pick-up in orders from both our domestic and international customers this quarter with sales being made to several of our key international Mode 5 markets. Orders for our new T-47/M5 product continue to increase and we will begin shipping this product to customers later this month. The T-47/M5 is a key product for the Company as it can also be sold as a Mode 5 upgrade KIT for the thousands of Mode 4 test sets already in the field. The Company continues to pursue international opportunities with its "Drive to Mode 5" marketing campaign. Rebuilding our sales backlog is critical, and we expect to see this sales momentum continue in calendar year 2018 as we approach the January 1, 2020 mandate for Mode 5 inter-operability with our foreign allies.

We hope to see all of our shareholders at our Annual Meeting scheduled for January 17, 2018 at our East Rutherford offices.

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 www.telinstrument.com.

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. A 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.

Contacts:

Tel-Instrument Electronics Corp.
Joseph P. Macaluso, 201-933-1600
or
Institutional Marketing Services (IMS)
John Nesbett or Jennifer Belodeau
203-972-9200
jnesbett@institutionalms.com

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