Tel-Instrument Electronics Corp. is the industry leader in developing and producing field-tested, rugged avionic flight line and bench test sets for demanding military and commercial customers.
Tel-Instrument was founded in 1947, and has been providing avionic ramp and bench testers to both commercial and military customers for the last 35 years. Tel-Instruments historical design emphasis has been to provide the customer with user-friendly, rugged, reliable, and affordable units.
Tel’s products have led the avionics support equipment industry to higher levels of integration by combining more test functions into a single unit, and thereby reducing customer acquisition, training, and life-cycle support costs. Tel-Instrument is strongly committed to taking lifetime responsibility for product design, function, and reliability, for depot-level support, and for configuration management.
Tel-Instrument is ISO-9001:2000 quality certified; is compliant to ESD standard ANSI/ESD S20.20 and its products have received CE certification for sales into Europe.
Carlstadt, NJ – November 4, 2008–Tel-Instrument Electronics Corp (“TIK”) today announced its consolidated financial results for the three and six month periods ended September 30, 2008.
For the three months ended September 30, 2008, the Company recorded a substantial increase in both revenues and profitability. Revenues from continuing operations increased 36% to $3.9 million and pre-tax profit from continuing operations increased to $650k compared to a small loss in the prior year. Net income increased to $390k compared to a $23k loss in the year ago period.
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