Telephonics Corporation Awarded Contract from Israel for AN/UPX-44A Identification Friend or Foe Systems Business Wire FARMINGDALE, N.Y. -- April 4, 2013 Telephonics Corporation (Telephonics), a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), announced today that it has been awarded a $5.4 Million contract from the Government of Israel Ministry of Defense to supply their AN/UPX-44A Identification Friend or Foe (IFF) Interrogator, including integration and sustainment support, on Israeli Navy vessels. The AN/UPX-44A provides the Israeli Navy with a command and control battle management system with unprecedented surveillance capability. The real-time surveillance picture provides situational awareness of friendly, neutral and hostile activity, command and control of an area of responsibility, operations management, all-weather surveillance of the battle space, and early warning of adversary actions during joint, allied, and coalition operations. Telephonics has the only IFF interrogators that have achieved DoD AIMS certification in all modes including MARK XII, Mode 5, Mode S, and Multi-channel ADS-B. “With fifty years of experience designing, developing, and delivering IFF systems throughout the world, Telephonics is uniquely qualified to field the most advanced interrogators in support of Israeli operations,” said Kevin McSweeney, Telephonics’ Chief Operating Officer. “We are very proud of our legacy of high-performing interrogators and excited about the future of this important product line.” About Telephonics 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, headquartered in New York, N.Y., is a diversified management and holding company that conducts business through wholly-owned subsidiaries. The Company oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. The Company provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital to further diversify itself. 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 Griffon Corporation’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. © 2013 Telephonics Corporation. 815 Broad Hollow Road, Farmingdale, NY 11735. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies. Contact: Investor: ICR, Inc. Anthony Gerstein, 646-277-1242 firstname.lastname@example.org or Company: Telephonics Corp. Carrie Petrocca, 631-755-7583 email@example.com
Telephonics Corporation Awarded Contract from Israel for AN/UPX-44A Identification Friend or Foe Systems
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