TAT Technologies Schedules Conference Call to Discuss First Quarter 2010 Financial Results

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May 17, 2010, 02:25 ET

GEDERA, Israel, May 17, 2010 /PRNewswire-FirstCall/ -- TAT Technologies Ltd. (Nasdaq:TATT), a leading provider of services and products to the commercial and military aerospace and ground defense industries, today announced that following its financial results of first quarter 2010, reported earlier today, the Company will host a conference call on Thursday, May 20th, 2010, at 8:30 AM EST. Dr. Shmuel Fledel CEO & President, Dr. Avi Ortal CEO Limco Piedmont (wholly owned subsidiary) and Yaron Shalem, CFO will discuss the results and answer investor questions.

To participate, please call: 1-888-668-9141 from the US; 1-800-227-297 from Israel and +97239180644 from elsewhere, and ask for the TAT Technologies call.

About TAT Technologies LTD

TAT Technologies LTD is a leading provider of services and products to the commercial and military aerospace and ground defense industries.

TAT operates under three operational segments: (i) OEM of Heat Transfer products (ii) OEM of Electric Motion Systems; and (iii) MRO services, each with the following characteristics.

TAT's activities in the area of OEM of Heat Transfer products primarily relate to the (i) design, development, manufacture and sale of a broad range of heat transfer components (such as heat exchangers, pre-coolers and oil/fuel hydraulic coolers) used in mechanical and electronic systems on-board commercial, military and business aircraft; and (ii) manufacture and sale of environmental control and cooling systems and (iii) a variety of other electronic and mechanical aircraft accessories and systems such as pumps, valves, power systems and turbines.

TAT's activities in the area of OEM of Electric Motion Systems primarily relate to the design, development, manufacture and sale of a broad range of electrical motor applications for airborne and ground systems. TAT activities in this segment commenced with the acquisition of Bental in August 2008.

TAT's MRO services include the remanufacture, overhaul and repair of heat transfer equipment and other aircraft components, APUs, propellers and landing gear. TAT's Limco subsidiary operates FAA certified repair stations, which provide aircraft component MRO services for airlines, air cargo carriers, maintenance service centers and the military.

TAT also holds 37% in First Aviation Services, a world-wide distributor of products and services to the aerospace industry and a one-stop-shop for MRO services (wheels, breaks, propellers and landing gear) for the General Aviation Industry.

TAT's executive offices are located in the Re'em Industrial Park, Neta Boulevard, Bnei Ayish, Gedera 70750, Israel, and TAT's telephone number is 972-8-862-8500.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements which include, without limitation, statements regarding possible or assumed future operation results, synergies, customer benefits, growth opportunities, financial improvements, expected expense savings and other benefits anticipated from the merger. These statements are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause our results to differ materially from management's current expectations. Actual results and performance can also be influenced by other risks that we face in running our operations including, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, and other risks detailed from time to time in the company's filings with the Securities Exchange Commission, including its registration statement on form F-4, its annual report on form 20-F and its periodic reports on form 6-K. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

    For more information of TAT Technologies, please visit our web-site:
http://www.tat.co.il

    Contact:

    Miri Segal-Scharia
    MS-IR LLC .
    Tel: +1-917-607-8654
    [email protected]

    Dr. Avi Ortal
    CEO Limco Piedmont
    Tel: +1-336-455-1785
    [email protected]

SOURCE TAT Technologies Ltd