SOURCE: Air Industries Group

Air Industries Group

December 17, 2013 09:00 ET

Air Industries Group to Ring the Opening Bell on the New York Stock Exchange on Friday, December 20, 2013

BAY SHORE, NY--(Marketwired - Dec 17, 2013) -  Air Industries Group (NYSE MKT: AIRI)

Air Industries Group (NYSE MKT: AIRI) ("Air Industries" or "the Company") announced today that its Chairman and CEO will ring the Opening Bell on the New York Stock Exchange on Friday, December 20, 2013.

Mr. Michael Taglich, Chairman of the Board of Air Industries, commented: "Ringing the opening bell is symbolic of the transformation of Air Industries Group from a small non-reporting Company into larger, more successful, fully reporting and listed Enterprise. It is fitting that we are doing this at the end of 2013 -- during which we filed our first 10-K with the SEC, completed two acquisitions, doubled our quarterly dividend payments to shareholders and moved our listing from the Bulletin Board to the prestigious NYSE MKT. I am looking forward to the continued development of Air Industries."

Mr. Peter Rettaliata, Chief Executive Officer of Air Industries, commented: "On June 12, 2013 we were successful in listing on the NYSE MKT. We are very proud that the New York Stock Exchange has honored Air Industries Group by selecting us to ring the bell opening trading."

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About Air Industries Group

Air Industries Group (NYSE MKT: AIRI) is an integrated manufacturer of precision components and provider of supply chain services for the aerospace and defense industry. The Company has over 50 years of experience in the industry and has developed leading positions in several important markets that have significant barriers to entry. With embedded relationships with many leading aerospace and defense prime contractors, the Company designs and manufactures structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts and flight controls. Air Industries Group also provides sheet metal fabrication, tube bending, and welding services.

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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