We devise a two-dimensional model that mimics the recently observed power-l
aw distributions for the amplitudes and durations of the acoustic emission
signals observed during martensitic transformation [Vives et al., Phys. Rev
. Lett. 72, 1694 (1994)]. We include a threshold mechanism, long-range inte
raction between the transformed domains, inertial effects, and dissipation
arising due to the motion of the interface. The model exhibits thermal hyst
eresis and, more importantly, it shows that the energy is released in the f
orm of avalanches with power-law distributions for their amplitudes and dur
ations. Computer simulations also reveal morphological features similar to
those observed in real systems.