LGL Announces Addition of Senior Engineer, Roger Paulsen, to Spectrum Control Group at MtronPTI

Represents Further Investment in Design Capabilities for More Complex RF Subsystems

ORLANDO, Fla.--()--The LGL Group, Inc. (NYSE MKT:LGL) (the “Company”) announced that Roger Paulsen has joined MtronPTI’s Spectrum Control Engineering Group, bringing significant experience in the design of more complex RF subsystems.

Mike Howard, MtronPTI’s Vice President of Spectrum Control Engineering, said, “We’re delighted that Roger has joined our design group. He has worked with several of the major companies in RF design and implementation, including Honeywell, General Dynamics and Cobham. He also has extensive experience with tunable filters and will immediately strengthen our position in that market.”

Michael Ferrantino, LGL’s Executive Chairman and Chief Executive Officer, said, “Adding additional design capabilities to MtronPTI is part of our continuing investment in revitalizing our IP and transforming our product portfolio toward longer product life cycles, enhanced capability integration and improving margins.”

Over the last 15 months, MtronPTI’s Spectrum Control unit has expanded product offerings to include higher power, higher frequency, tunable and switched filter offerings for a variety of applications, including software-defined digital radios, UAV’s and electronic jamming. In addition, the Company has extended its portfolio through strategic partnerships with Microwavefilter/TVC and Exodus Advanced Communications, adding waveguide filters from 20 GHz to 80 GHz, with applications for point-to-point data links, satellite, small cell and microwave backhaul, as well as solid state power amplifiers for tactical communications, electronic warfare, satellite communications, industrial and scientific applications.

About The LGL Group, Inc.

The LGL Group, Inc., through its wholly-owned subsidiary MtronPTI, manufactures and markets highly-engineered electronic components used to control the frequency or timing of signals in electronic circuits. These components ensure reliability and security in aerospace and defense communications, synchronize data transfers throughout the wireless and internet infrastructure, and provide low noise and base accuracy for lab instruments,.

Headquartered in Orlando, Florida, the Company has additional design and manufacturing facilities in Yankton, South Dakota and Noida, India, with local sales offices in Sacramento, California and Hong Kong.

For more information on the Company and its products and services, contact LaDuane Clifton at The LGL Group, Inc., 2525 Shader Rd., Orlando, Florida 32804, (407) 298-2000, or visit www.lglgroup.com and www.mtronpti.com.

Caution Concerning Forward-Looking Statements

This press release may contain forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. These forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to us and our current plans or expectations, and are subject to a number of uncertainties and risks that could significantly affect current plans, anticipated actions and our future financial condition and results. Certain of these risks and uncertainties are described in greater detail in our filings with the Securities and Exchange Commission. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts

The LGL Group, Inc.
R. LaDuane Clifton, 407-298-2000
lclifton@lglgroup.com

Release Summary

LGL Announces Addition of Senior Engineer, Roger Paulsen, to Spectrum Control Group at MtronPTI

Contacts

The LGL Group, Inc.
R. LaDuane Clifton, 407-298-2000
lclifton@lglgroup.com