Michael Brand to Join the Board of Directors of Air Industries Group,
BAYSHORE, NY -- (Marketwire) -- 05/08/12 -- Air Industries Group,
Inc. (PINKSHEETS: AIRI) (Air Industries or the Company) announced
today that Mr. Michael (Mike) Brand has joined its Board of
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
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
Air Industries Group, Inc.
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