2006 Press Releases

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DateTitle 
08/14/06Breeze-Eastern Awarded Tip-To-Tail Repair Contract
UNION, N.J., August 14, 2006 - Derco Aerospace, Milwaukee, Wisconsin, has awarded Breeze-Eastern, a division of TransTechnology Corporation (Amex: BZC), a contract for repair of rescue hoists, cargo hooks, and other items used in support of the U. S. Navy/MHSCo H-60 Tip-to-Tail PBL Program. The initial contract is expected to value $6.6 million and contains options, which, if exercised, will bring the total cumulative value to over $10 million. All of the work involved under the c... 
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08/11/06Transtechnology Common Stock Listed On American Stock Exchange
Union, New Jersey - August 11, 2006 - TransTechnology Corporation (Amex: BZC) announced today that the American Stock Exchange has listed the Company's common stock under the trading symbol BZC. Shares of the Company's common stock will commence trading on the American Stock Exchange on Monday, August 14, 2006. The Company has selected LaBranche & Co. as its specialist for American Stock Exchange trading and price quotation. This follows the Company's announcement on July 19, 200... 
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07/19/06TransTechnology Announces Approval of Amex Listing and Prospective Name Change to Breeze-Eastern Corporation; John Dalton Elected Chairman of the Board
UNION, N.J.--(BUSINESS WIRE)--July 19, 2006--TransTechnology Corporation (OTC: TTLG) reported today that its application to be listed on the American Stock Exchange has been approved. The company is working with the Exchange on the appointment of a specialist so that it may begin trading. The company's new symbol will be BZC. The approval by the Exchange is contingent upon the company maintaining compliance with all applicable listing standards on the date it begins trading on the Exc... 
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06/30/06Breeze-Eastern to Provide Retrieval Winch Systems for the Airbus A400M
UNION, N.J.--(BUSINESS WIRE)--June 30, 2006--Breeze-Eastern, a division of TransTechnology Corporation (Pink Sheets:TTLG), announced today that it has been selected by AAR Cargo Systems ("AAR") to develop and manufacture a minimum of 192 ship sets of Retrieval Winch Systems for the state-of-the-art Airbus A400M Military Transport Aircraft. Breeze-Eastern is teaming with AAR, of Livonia, Michigan and Pfalz-Flugzeugwerke GmbH ("PFW"), of Speyer, Germany on the program. Airbus Milita... 
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06/27/06Breeze-Eastern to Supply Spare Parts to AgustaWestland, a Finmeccanica Company
UNION, N.J.--(BUSINESS WIRE)--June 27, 2006--Breeze-Eastern, a Division of TransTechnology Corporation (OTC: TTLG - News) announced today it has been awarded its first Sea King Integrated Operational Support (SKIOS) contract valued at $6.2 million from AgustaWestland, a Finmeccanica company. Under this contract, Breeze-Eastern will provide spare parts over three years to support the UK Ministry of Defence through AgustaWestland's existing SKIOS contract. The spare parts are for ... 
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05/22/06Breeze-Eastern to Provide Rescue Hoists for the U.S. Air Force Special Operations Forces
UNION, N.J., May 22, 2006 (BUSINESS WIRE) -- Breeze-Eastern, a Division of TransTechnology Corporation (OTC: TTLG) announced today it was awarded a $1.1 million option to a firm-fixed price contract by Warner Robins ALC for the Air Force Special Operations Forces (AFSOF) for use on their HH60G helicopters. All work under the contract will be performed at the company's Union, New Jersey facility, and is to be completed by May 2007. The contract was competitively procured, with two propos... 
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05/15/06Breeze-Eastern Awarded $2.9 Million CH-47 Aircraft Cargo Hook Contract
UNION, N.J.--(BUSINESS WIRE)--May 15, 2006--Breeze-Eastern, a Division of TransTechnology Corporation (OTC: TTLG) announced today it was awarded a $2,985,521 firm-fixed price contract by the U.S. Army Aviation and Missile Command, Redstone Arsenal, Alabama for one hundred and forty (140) C-160 Cargo Hooks for the CH-47 Aircraft. The contract has two 100% option years. The maximum quantity under this contract is 420. The options may be exercised during the option period for the maximum... 
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05/01/06TransTechnology Announces Completion of Refinancing
UNION, N.J., May 01, 2006 (BUSINESS WIRE) -- TransTechnology Corporation (OTC: TTLG) announced today that it has completed the refinancing of its existing credit facility with a new $50.0 million credit facility provided by Wells Fargo Foothill, Inc. and Allied Capital's senior loan underwriting group, AC Finance LLC. In addition to allowing the company to retire all of its existing debt, the new facility provides working capital for the company's current and expected future needs. The new... 
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02/22/06TransTechnology Announces Prospective Changes to Board of Directors
UNION, N.J., Feb 22, 2006 (BUSINESS WIRE) -- TransTechnology Corporation (OTC: TTLG) announced today that Michael J. Berthelot, its current Chairman and former Chief Executive Officer, has informed the board that he has decided not to stand for re-election to the board at the company's 2006 shareholders' meeting. The company also announced that it is the board's intention that John H. Dalton, who has served as a director since 1999, would become Chairman following the next shareholders' me... 
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02/17/06TransTechnology Announces $18.75 Million Private Placement of Common Stock
UNION, N.J., Feb 17, 2006 (BUSINESS WIRE) -- TransTechnology Corporation (OTC:TTLG) today announced that it has completed the sale of 2,500,000 shares of its unregistered common stock in a private placement, at a price of $7.50 per share, resulting in gross proceeds to the Company of $18.75 million. Tinicum Capital Partners II, L.P. and its affiliates were the lead investors in the placement. The purchasers received registration rights with respect to the unregistered shares purchased un... 
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