AEROFLEX SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Aeroflex Holding Corp.

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| Source: Andrews & Springer LLC

WILMINGTON, Del., June 19, 2014 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Aeroflex Holding Corp. ("Aeroflex" or the "Company") relating to the buyout of the Company by to Cobham plc ("Cobham"). On May 20, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which Cobham will acquire Aeroflex in a merger valued at roughly $1.46 billion. As a result of the merger, Aeroflex shareholders are only anticipated to receive $10.50 per share in cash in exchange for each share of Aeroflex they own.

Our Firm's investigation has so far uncovered that the process leading up to the announcement of the merger appears to have some substantial conflicts of interest, thus making the process and consideration unfair. As indicated by the Company, Goldman Sachs, who advised Aeroflex on the merger, is also a significant shareholder of Aeroflex. Goldman Sachs, along with two private equity firms, Veritas Capital Fund III, L.P. and Golden Gate Private Equity, Inc., who collectively own roughly 64.8% of Aeroflex, have already agreed to vote in favor of the merger. Since June 5, 2014, Aeroflex has traded above the $10.50 buyout price. If in fact the buyout were to close, shareholders would be receiving no premium for their shares based on the Company's current trading activity.

Andrews & Springer is investigating whether Aeroflex directors are breaching their fiduciary duties by failing to adequately shop the company and maximize shareholder value. Andrews & Springer is also investigating the fairness of the sales process conducted by Goldman Sachs.

If you own shares of Aeroflex and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/ARX or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.