WEST WARWICK – For its fiscal first quarter, ended May 5, Astro-Med Inc. (Nasdaq: ALOT) reported a profit of $522,000 or 7 cents per diluted share, a decrease of 3.9 percent from its net income of $543,000 or 7 cents per share in the same quarter of 2006.

Net sales were $16.4 million, an increase of 4.9 percent from the first quarter of 2006.

“We experienced good all-around growth in the first quarter, and we are especially pleased with the performance of our QuickLabel Systems-brand label printer and consumable products, which posted a 22.7-percent increase in revenue and a 24-percent increase in new orders compared to the first quarter of the prior year,” said Albert W. Ondis, Astro-Med’s CEO. Also doing well was the “Astro-Med-brand ruggedized” segment, including the company’s airplane cockpit printers, Ondis said. “Revenue grew more than 17 percent, while new orders grew by almost 50 percent.”

But, he added, “Revenue from our third growth engine, Grass Technologies-brand sleep study-related products, did not meet our objectives in the quarter.”

On Monday, the company’s directors declared a regular quarterly cash dividend of 5 cents per share, payable July 3 to shareholders of record on June 15.

Astro-Med Inc. (Nasdaq: ALOT) is a maker of specialty printing, testing and measurement systems for industrial, scientific and medical applications. Additional information is available at www.astro-medinc.com.