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Wednesday, July 15, 2009

Air T, Inc. (Nasdaq: AIRT) announced today that its wholly owned subsidiary, Global Ground Support, LLC, has been awarded a new contract to supply deicing trucks to the United States Air Force. The contract award was for one year commencing July 14, 2009 with four additional one-year extension options that may be exercised by the United States Air Force. The award includes standard deicer trucks and extended-reach deicer trucks along with shipping and training costs. The actual value of the contract as well as units delivered will be determined based upon actual annual requirements of the United States Air Force. The contract replaces Global�s previous contract with the United States Air Force which expired June 4, 2009, under which Global provided 420 deicers over the past ten years.

Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has been awarded a continuation of its contract by the Organization for Development of Administrative Centres (ODAC) to provide design management services in connection with 25 new university campuses throughout Libya. The four-year contract extension has an estimated value to Hill of approximately GBP 20.8 million ($29.1 million).

Gulf Island Fabrication, Inc. (NASDAQ: GIFI), will announce 2009 second quarter earnings after the market close on Thursday, July 23, 2009.

Vision-Sciences, Inc. (Nasdaq:VSCI) (Vision-Sciences) announced today that its Board of Directors elected Lothar Koob to serve as a member of its Board, effective immediately. Mr. Koob will be an independent member on the Board. He has been appointed to serve on Vision-Sciences� audit and compensation committees. Mr. Koob�s appointment will fill the vacancy on the Board and the audit and compensation committees caused by Mr. Kenneth Anstey�s resignation from the Board, which the Board received notice of on July 11, 2009.

The board of directors of Kansas City Southern (NYSE:KSU) has declared a cash dividend of $12.8125 per share on the outstanding 5.125% Cumulative Convertible Perpetual Preferred Stock, Series D. The cash dividend will be payable August 17, 2009, to the holders of record at the close of business on August 3, 2009.

UnitedHealth Group (NYSE: UNH) and Cisco (NASDAQ: CSCO) today announced they are partnering to build the first national telehealth network, which will give patients access to physicians and specialists when in-person visits are not possible. The new �Connected Care� program combines audio and video technology and health resources to greatly expand physicians� reach into rural, urban and other underserved areas. UnitedHealth Group has committed tens of millions of dollars toward the new initiative.

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