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Tue, May 8, 2012

Michael Brand to Join the Board of Directors of Air Industries Group, Inc.


Published on 2012-05-08 06:09:36 - Market Wire
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May 08, 2012 09:00 ET

Michael Brand to Join the Board of Directors of Air Industries Group, Inc.

BAYSHORE, NY--(Marketwire - May 8, 2012) - Air Industries Group, Inc. (PINKSHEETS: [ AIRI ]) (Air Industries or the Company) announced today that Mr. Michael (Mike) Brand has joined its Board of Directors.

Mr. Brand was most recently the President of Goodrich Landing Gear, a unit of Goodrich Corporation, and for over 25 years has held senior management positions in the Aerospace industry. He began his career at General Electric Corporation and rose to senior management in its jet engine manufacturing operations. Mr. Brand is a graduate of Clarkson University, with advanced degrees from Xavier University and the Wharton School.

Mr. Peter Rettaliata, Chief Executive Officer of Air Industries Group, commented: "Mike Brand is a very important addition to the Board of Directors. His many years of experience and depth of knowledge of the aerospace industry will be very valuable as Air Industries completes the acquisition of Nassau Tool Works, and executes its growth strategy in the landing gear segment."

Michael Taglich, Chairman of the Board of Directors of Air Industries Group, commented: "It is nice to have the former President of Goodrich, the largest landing gear company in the World, and a major customer of Air Industries, join our Board as we move deeper into the landing gear business. Mike is young, energetic and very talented. He will add to a board that already possesses strong experience in our industry."

ABOUT AIR INDUSTRIES GROUP, INC.
Air Industries Group, Inc. (PINKSHEETS: [ AIRI ]) is an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors. Air Industries designs and manufactures flight critical products including flight safety parts, landing gear and components, arresting gear, flight controls, sheet metal fabrications and ground support equipment.

Certain matters discussed in this press release are 'forward-looking statements' intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace, the ability to realize firm backlog and projected backlog, potential future results and acquisitions, are examples of such forward-looking statements. The forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, the timing of projects due to variability in size, scope and duration, the inherent discrepancy in actual results from estimates, projections and forecasts made by management regulatory delays, changes in government funding and budgets, and other factors, including general economic conditions, not within the Company's control The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.


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