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Telephonics Corporation Receives First Russian Contract Award for Search and Rescue, and Weather Avoidance Radar Systems

Dépèche transmise le 23 juin 2009 par Business Wire

Telephonics Corporation Receives First Russian Contract Award for Search and Rescue, and Weather Avoidance Radar Systems

FARMINGDALE, N.Y.--(BUSINESS WIRE)--Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), announced today that it has signed a multi-million dollar contract for 93 RDR-1600 Search and Rescue, and Weather Avoidance Radar Systems for the new Kazan’s built Mi-17 helicopters.

The RDR-1600 radar systems state-of-the art features include very lightweight, extremely low-power consumption, exceptional sensitivity, and field-proven reliability. Weather detection and avoidance radar are critical to successful offshore missions. Their exceptional performance includes multiple modes of operation, and enables detection and tracking of targets at long range, in high clutter and low visibility.

“This first ever contract between Telephonics and a Russian customer affords us the opportunity to open a new chapter in company’s expansion into the worldwide market,” said Joseph J. Battaglia, President of Telephonics.

About Telephonics

A subsidiary of Griffon Corporation, Telephonics' high-technology engineering and manufacturing capabilities provide integrated information, communication and sensor system solutions to military and commercial markets worldwide. Telephonics specializes in aircraft intercommunication systems, wireless communication systems, radars, identification friend or foe products, integrated security systems, air traffic management systems, aerospace electronics, and the performance of threat and radar system analyses.

About Griffon Corporation

Griffon Corporation is a diversified manufacturing company headquartered in Jericho, NY with operations in three business segments: Garage Doors; Specialty Plastic Films; and Electronic Information and Communication Systems.

Forward-Looking Statements

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements other than statements of historical fact included in this release are forward-looking statements. Such forward-looking statements are based on the beliefs of the company’s management, as well as assumptions made by and information currently available to the company’s management. Actual results could differ materially from those contemplated by the forward-looking statements. Information concerning risks and uncertainties that may impact the company’s results and forward-looking statements are set forth in the company’s filings with the SEC. The company does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.

© 2009 Telephonics Corporation. 815 Broad Hollow Road, Farmingdale, NY 11735. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.