RF Industries Announces Sale of its RF Neulink Division

  RF Industries Announces Sale of its RF Neulink Division

Business Wire

SAN DIEGO -- August 6, 2013

RF Industries, Ltd. (NASDAQ: RFIL) announced that it has sold its RF Neulink
division to Raveon Technologies Corporation. Financial terms of the
transaction were not disclosed.

“This sale will allow us to focus on our profitable, core operations. RF
Industries has grown rapidly through a focused strategy of providing
innovative interconnect products and complex cable assemblies to growing
markets, predominantly wireless. RF Neulink, which contributed less than 1% of
RF Industries’ total sales for the six months ended April 30, 2013, did not
contribute meaningfully to the growth or profitability of RF Industries. The
divestiture of the RF Neulink division is part of our continuous process to
evaluate the performance of our divisions and better concentrate our energy
and resources on the higher growth and higher margin core components of our
business,” commented Howard Hill, Chief Executive Officer of RF Industries.

About RF Industries

RF Industries is a leading designer and manufacturer of innovative
interconnect products and complex cable assemblies across diversified, high
growth markets including wireless carriers & infrastructure, medical and
industrial.The Company’s products include RF connectors, coaxial and custom
cable assemblies, fiber optic cables, wiring harnesses, medical wiring as well
as mobile public safety communications systems. The Company’s leading edge
connectivity solutions are used throughout the growing and evolving wireless
infrastructure. The Company has reported 19 consecutive years of profitability
and is headquartered in San Diego, California with operations in Las Vegas,
Nevada and Yaphank, New York.Please visit the RF Industries website at
www.rfindustries.com.

Forward-Looking Statements

This press release contains forward-looking statements with respect to future
events which are subject to a number of factors that could cause actual
results to differ materially. Factors that could cause or contribute to such
differences include, but are not limited to: changes in the telecommunications
industry; the operations of the Cables Unlimited division which was acquired
in June 2011; and the Company’s reliance on certain distributors for a
significant portion of anticipated revenues. Further discussion of these and
other potential risk factors may be found in the Company’s public filings with
the Securities and Exchange Commission (www.sec.gov) including its Form 10-K.
All forward-looking statements are based upon information available to the
Company on the date they are published and the Company undertakes no
obligation to publicly update or revise any forward-looking statements to
reflect events or new information after the date of this release.

Contact:

Investor:
Institutional Marketing Services (IMS)
John Nesbett/Jennifer Belodeau, 203-972-9200
jnesbett@institutionalms.com
or
Company:
RF Industries, Ltd.
James Doss, 858-549-6340
President
rfi@rfindustries.com