2007 Press Releases

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12/12/07Breeze-Eastern Reports Revised Sales And Adjusted EBITDA Targets
Union, New Jersey - December 12, 2007 - Breeze Eastern Corporation (AMEX:BZC) reported today that the continuing impasse in Congress on enactment of appropriations to fund the Global War on Terror has caused the Company to revise its fiscal 2008 Sales target from $77 million to approximately $74 million and its Adjusted EBITDA target from $15.9 million to approximately $13.3 million, without regard to any potential benefits related to the recently announced contract for the ... 
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11/30/07Breeze-Eastern Announces Sale Contract for 700 Liberty Avenue Facility
UNION, N.J.--(BUSINESS WIRE)--Nov. 30, 2007--Breeze-Eastern Corporation (AMEX:BZC) today announced that it has entered into a contract with an unaffiliated third-party to sell its headquarters facility and plant at 700 Liberty Avenue, Union, New Jersey. The sale is contingent upon the fulfillment of several conditions, including clearing due diligence and certain environmental requirements. If these contingencies are timely satisfied, it is anticipated that the transaction will close ... 
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10/22/07Breeze-Eastern Corporation's Teleconference Announcement
UNION, N.J.--(BUSINESS WIRE)--Oct. 22, 2007--Breeze-Eastern Corporation (Amex: BZC) will announce its second quarter financial results for the period ended September 30, 2007 on October 25, 2007. In conjunction with the release, the Company will conduct its teleconference call at 11:00 a.m. EDT on Thursday, October 25, 2007 to discuss the company's financial results for its Second Quarter of Fiscal 2008 hosted by Robert L.G. White, President & Chief Executive Officer, Joseph F. Spanie... 
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09/12/07Breeze-Eastern Announces Election of Board of Directors
UNION, N.J.--(BUSINESS WIRE)--Sept. 12, 2007--Breeze-Eastern Corporation (AMEX:BZC) today announced that it had held its annual meeting of stockholders at its corporate headquarters, 700 Liberty Avenue, Union, New Jersey and that the stockholders of the Company had elected the eight (8) directors nominated by the Company: William Alderman, Charles Grigg, Jay Harris, William Recker, Russell Sarachek, William Shockley, Frederick Wasserman and Robert White, to serve until the next annual... 
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07/31/07Breeze-Eastern Announces Board Nominees for Annual Meeting
Company Settles Threatened Proxy Contest UNION, N.J.--(BUSINESS WIRE)--July 31, 2007--Breeze-Eastern Corporation (AMEX:BZC) today announced that it has entered into an agreement with certain of its major stockholders with respect to the slate of nominees to be proposed by the company for election as directors at the company's 2007 annual meeting. Under the terms of a Settlement Agreement dated as of July 31, 2007, by and among the company, Tinicum Capital Partners II, L.P. and its... 
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07/11/07Breeze-Eastern Announces Annual Meeting Record Date
UNION, N.J.--(BUSINESS WIRE)--July 11, 2007--Breeze-Eastern Corporation (AMEX:BZC) today announced that its board of directors has set the close of business on July 25, 2007, as the record date for stockholders entitled to receive notice of, and to vote at, the 2007 annual meeting of stockholders. The date and location of the annual meeting will be announced separately. It is currently anticipated that the annual meeting of stockholders will be held no later than September 23, 2007. A... 
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03/26/07Breeze-Eastern Awarded $3.5M Contract for Army, Marine Corps High Mobility Artillery Rocket System (HIMARS) Hoists
UNION, N.J., Mar 26, 2007 (BUSINESS WIRE) -- Lockheed Martin (NYSE: LMT) has awarded Breeze-Eastern Corporation (AMEX:BZC) a $3.5M contract for the manufacture and support of HIMARS rocket pod loading hoists for the U.S. Army and Marine Corps. All of the work involved under the contract will be performed at the company's facility in Union, New Jersey and is expected to be completed by November 2008. "Breeze-Eastern is very pleased to be a member of the HIMARS team. This contract further... 
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02/02/07Breeze-Eastern Charts Strategic Direction
UNION, N.J.--(BUSINESS WIRE)--Feb. 2, 2007--Breeze-Eastern Corporation (AMEX:BZC) today announced that the Board of Directors has unanimously approved a five year strategic plan for the Company. The plan was the result of a six-month process in which management worked closely with the Strategic Planning Committee of the Board and outside consultants with the goal of presenting a comprehensive plan to the Board which takes into account and balances the Company's need to reduce debt wit... 
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