|Contact:||Robert L. Bauman|
10514 Dupont Avenue
Cleveland, Ohio 44108
November 18, 2004
FOR IMMEDIATE RELEASE
HICKOK INCORPORATED ANNOUNCES NUMBER OF SHARES TENDERED PURSUANT TO ODD LOT TENDER OFFER AND EXTENSION TO OFFER
CLEVELAND, OH, November 18, 2004 - Hickok Incorporated (HICKA.OB), today announced that as of the close of business on November 15, 2004, a total of approximately 4,954 Class A common shares had been tendered to the Company pursuant to the Company's tender offer for the purchase of all Class A common shares held by shareholders of the Company owning 99 or fewer Class A common shares. On November 12, 2004, the Company announced the extension of the offer deadline to December 15, 2004. The offer was scheduled to expire on November 15, 2004, pursuant to an extension by the Company of the original expiration date of September 30, 2004. The $10.00 price per share of the offer has not changed. The extended offer will expire on December 15, 2004 at 5:00 p.m., New York City Time, unless extended further. Eligible shareholders who would like to accept the offer must tender all the shares that they own.
Information on the tender offer may be obtained free of charge on the website of the Company (www.hickok-inc.com/files/financial) or the Securities and Exchange Commission (www.sec.gov). Questions or requests for documents may be directed to the Company toll free by calling 1-800-342-5080, Extension 454, or asking for the Shareholder Offer Desk. This press release is not an offer to purchase or a solicitation of an offer to purchase Company shares. You are advised to consult any future disclosure Hickok makes on the tender offer or related subjects in press releases and future reports to the SEC.
Hickok provides products and services primarily for the automotive, locomotive, and aircraft industries. Offerings include the development, manufacture and marketing of electronic and non-electronic automotive diagnostic products used for repair, emission testing, and nut-running electronic controls used in manufacturing processes. The Company also develops and manufactures indicating instruments for aircraft, locomotive and general industrial applications and provides repair training programs.