OLATHE, Kan., Sept. 17 /PRNewswire-FirstCall/ -- Butler National Corporation (OTC Bulletin Board: BUKS), a leading manufacturer and provider of support systems for "Classic" commercial and military aircraft, announces its financial results for the first quarter fiscal 2008 for the period ended July 31, 2007 . In conjunction with the release, the Company has scheduled a conference call Tuesday, September 18, 2007 at 9:00AM Central Daylight Time .

What: Butler National Corporation First Quarter Fiscal 2008 Financial Results Conference Call

When: Tuesday, September 18, 2007 - 9:00 AM Central Daylight Time

How: Live via phone by dialing 800-624-7038. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time.

Clark Stewart , President & CEO, Butler National Corp., will be leading the call and discussing results of the first quarter, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2008.

Historical selected financial data related to all operations: Quarter Ended July 31 Quarter Ended April 30 (In thousands except (In thousands except per share data) per share data) 2007 2006 2005 2007 2006 2005 Net Sales $4,707 $3,076 $4,112 $3,906 $3,072 $5,276 Operating Income 410 164 309 627 187 858 Net Income 232 44 206 415 15 774 Total Assets 19,878 18,092 18,694 20,445 18,138 17,279 Long-term Obligations 2,426 1,759 1,993 2,521 1,844 2,089 Shareholders' Equity 10,879 9,873 9,525 10,648 9,829 9,319 New Product Research and Development Cost 570 499 422 439 416 439 nr = not reported

Management Comments:

"Our sales for the fiscal quarter-ended July 31, 2007 , increased 53% to $4.7 million as compared to $3.1 million for the same period in fiscal 2007. Net income increased 427% to $232,000 as compared to $44,000 for the same period in fiscal 2007. We continue our efforts to improve the profitability in the delivery of high-value "Classic Aviation" products.

We expensed $570,000, 12% of our sales, on product development. We feel this expenditure for the design and development engineering, testing, and certification of new products may stabilize our long-term revenues and enhance our profits.