Astronics Announces Third Quarter 2008 Conference Call and Webcast


EAST AURORA, N.Y., Oct. 20, 2008 (GLOBE NEWSWIRE) -- Astronics Corporation (Nasdaq:ATRO), a trusted leader in innovative, high performance lighting, electrical generation, control and distribution systems for the global aerospace industry, announced today that it will release its third quarter 2008 results before the opening of financial markets on Thursday, October 30, 2008.

The release of the financial results will be followed by a company-hosted teleconference on Thursday, October 30, 2008, at 11:00 a.m. ET. During the teleconference, Peter J. Gundermann, President and CEO, and David C. Burney, Vice President and CFO, will review the financial and operating results for the period and discuss Astronics' corporate strategy and outlook. A question-and-answer session will follow.

The Astronics conference call can be accessed the following ways:


 -- The live webcast can be found at www.astronics.com.  Participants
    should go to the website 10 - 15 minutes prior to the scheduled 
    conference in order to register and download any necessary audio 
    software.

 -- The teleconference can be accessed by dialing (201) 689-8562, and
    entering conference ID number 300129 approximately 5 - 10 minutes 
    prior to the call.

Schedule this webcast into MS-Outlook calendar (click open when prompted): http://apps.shareholder.com/PNWOutlook/t.aspx?m=33645&k=91F19D92

To listen to the archived call:


 -- The archived webcast will be at www.astronics.com. A transcript 
    will also be posted once available. 

 -- A replay can also be heard by calling (201) 612-7415, and entering
    conference ID number 300129 and account number 3055. The telephonic
    replay will be available from 2:00 p.m. on the day of release until
    11:59 p.m. ET Thursday, November 6, 2008.

ABOUT ASTRONICS CORPORATION

Astronics Corporation is a trusted leader in innovative, high performance lighting, electrical generation, control and distribution systems for the global aerospace industry. Its strategy is to expand the value and content it provides to various aircraft platforms through product development and acquisition. Astronics Corporation, and its wholly-owned subsidiaries Astronics Advanced Electronic Systems Corp. and Luminescent Systems Inc., have a reputation for high quality designs, exceptional responsiveness, strong brand recognition and best-in-class manufacturing practices.

The Astronics Corporation logo is available athttp://www.globenewswire.com/newsroom/prs/?pkgid=3591

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Securities Exchange Act of 1934. One can identify these forward-looking statements by the use of the words "expect," "anticipate," "plan," "may," "will," "estimate" or other similar expression. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially from those contemplated by the statements. Important factors that could cause actual results to differ materially include the state of the aerospace industry, the market acceptance of newly developed products, internal production capabilities, the timing of orders received, the status of customer certification processes, the demand for and market acceptance of new or existing aircraft which contain the Company's products, customer preferences, and other factors which are described in filings by Astronics with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking information in this press release whether to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial conditions or prospects, or otherwise.



            

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