TR-36 Equivalency Specifications

July 25, 206       

TO:  All commercial operators of TIC T-30 and T-36 series NAV/COMM Ramp Testers

SUBJECT:  New TIC TR-36 NAV/COMM Ramp Tester Equivalence to previous TIC units

fp masterTIC is proud to introduce the new TR-36 NAV/COMM Ramp Test set (TIC P/N 90000136) to the commercial aviation marketplace.  This is a new product based on a proven hardware platform that TIC has supplied to the US military for the last several years.  The software on the new TR-36 has been developed for the commercial avionics ramp test market with test capability for new and legacy avionics on today’s aircraft. 

The TR-36 electrical and RF specifications meet or exceed those of all previous TIC NAV/COMM testers, including the T-30 series (T-30C, T-30CM1, T-30CM2 and T-30D) and the T-36 series (T-36C and T-36M).  It is a suitable and cost-effective equivalent for those models.

In addition, the TR-36 incorporates new features, including the ability to test 406 MHz ELTs and SELCAL radios.

The TR-36, TIC P/N 90000136, is a direct replacement for the T-30C, T-36C and T-36M products, which have been discontinued.   

The new TR-36 is a software radio design that features extremely stable RF performance over temperature due to its self-calibrating design.  It also has the capability for field software updates as the industry requirements evolve.

For further technical inquiries, please contact TIC Product Support at 201-933-1600 x 302 or www.telinst.com.

Chris Allen
Vice-President of Business Development
Tel-Instrument Electronics Corporation
1 Branca Road, East Rutherford, NJ  07073

Tel-Instrument Electronics Corp. Reports Financial Results for Fourth Quarter and Fiscal Year 2016

Tel-Instrument Electronics Corp. Reports Financial Results for Fourth Quarter and Fiscal Year 2016

Net Income of $1 Million and Non-GAAP Adjusted EBITDA of $2.8 Million

East Rutherford, NJ – June 29, 2016 – Tel-Instrument Electronics Corp (“Tel”, “Tel-Instrument” or the “Company”) (NYSE MKT: TIK), a leading designer and manufacturer of avionics test and measurement solutions, today reported its financial results for the fourth quarter and year ended March 31, 2016.

Highlights for Fiscal Year 2016

·   Revenues increased to $24.8 million, a 36% increase versus fiscal year 2015

·   Gross margin as a percentage of revenues improved to 32.2% versus 29.9% in fiscal year 2015

·   Operating income increased to $2.6 million as compared to $330,000 in fiscal year 2015

·   Net Income of $1 million as compared to a loss of $280,000 last year 

·   Earnings per share of $0.31 compared to a loss of $0.09 in fiscal year 2015

·   Non-GAAP Adjusted EBITDA was $2.8 million as compared to $541,000 in fiscal year 2015

·   Working capital improved by $1.4 million to $4.0 million at March 31, 2016

·   Continued development of key hand-held modular communications and avionics test set products

Mode 5 Product Introduction

Tel-Instrument Electronics Corp. short presentation on our extensive product lineup for Mode 5 testing and capabilities.

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