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HEICO Corporation CFO Named Top CFO By Newspaper

HOLLYWOOD, Fla. and MIAMI, Jan. 28, 2011 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI-A) (NYSE:HEI) today announced that Thomas S. Irwin, the Company's Executive Vice President and Chief Financial Officer, has been awarded the top CFO Award for a public company by the weekly newspaper South Florida Business Journal.

The South Florida Business Journal honors those it believes to be the most impressive Chief Financial Officers in the large South Florida area as people responsible for many of their company's successes. The award was announced at a ceremony held last night near HEICO's Hollywood, FL headquarters. Mr. Irwin was the winner among numerous nominees considered from public companies.

Mr. Irwin joined HEICO in 1982 as the Vice President and Treasurer from national accounting firm PriceWaterhouseCoopers. He was named HEICO's Senior Vice President & Chief Financial Officer in 1986. In 1991, he was named Executive Vice President and Chief Financial Officer. During his tenure with the Company, he has been one of the key members of HEICO's 4-person Office of the CEO that has overseen HEICO's nearly 20% compound annual growth in sales and income since 1990.

Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer, remarked, "Tom Irwin is the most talented CFO I've met and I have had the great pleasure of working with him for more than 20 years. He is a smart, honest, loyal and creative family man who impresses all who work with him. We are fortunate to have him at HEICO and I am pleased the South Florida Business Journal recognized his unique set of capabilities. Everyone at HEICO joins me in congratulating Tom."

HEICO Corporation is engaged primarily in certain niche segments of the aviation, defense, space, medical, telecommunication and electronic industries through its Flight Support Group and its Electronic Technologies Group. HEICO's customers include a majority of the world's airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to medical, telecommunication and electronic equipment manufacturers. For more information about HEICO, please visit our web site at http://www.heico.com.

CONTACT: Thomas S. Irwin (954) 987-4000 ext. 7560
         Victor H. Mendelson (305) 374-1745 ext. 7590

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