Frequency Electronics to Participate in 16th Annual Needham Growth Conference

Frequency Electronics to Participate in 16th Annual Needham Growth Conference

MITCHEL FIELD, N.Y, Jan. 8, 2014 (GLOBE NEWSWIRE) -- Frequency Electronics,
Inc. (Nasdaq:FEIM), will make a presentation at Needham & Company's 16th
Annual Growth Conference at the New York Palace Hotel in New York City on
Wednesday, January 15, 2014 at 2:50 PM. Company management will also be
available for one-on-one meetings with the investment community during the
conference.

Frequency's presentation will be webcast live and archived for subsequent
Internet replay via the following link: http://ir.freqelec.com/events.cfm.The
accompanying PowerPoint slides will also be available at the Company's
website.

About Frequency Electronics

Frequency Electronics, Inc. is a world leader in the design, development and
manufacture of high precision timing, frequency control and synchronization
products for space and terrestrial applications. Frequency's products are
used in satellite payloads and in other commercial, government and military
systems including C4ISR markets, missiles, UAVs, aircraft, GPS, secure radios,
energy exploration and wireline and wireless communication networks.
Frequency has received over 100 awards of excellence for achievements in
providing high performance electronic assemblies for over 150 space and DOD
programs. The Company invests significant resources in research and
development and strategic acquisitions world-wide to expand its capabilities
and markets. 

Frequency's Mission Statement: "Our mission is to provide precision time and
low phase noise frequency generation systems from 1 Hz to 46 GHz, for space
and other challenging environments."

Subsidiaries and Affiliates: Gillam-FEI provides expertise in network
synchronization and monitoring; FEI-Zyfer provides GPS and secure timing
("SAASM") capabilities for critical military and commercial applications;
FEI-Asia provides cost effective manufacturing capabilities; FEI-Elcom Tech
provides added resources for state-of-the-art RF microwave products.
Frequency's Morion affiliate supplies high-quality, cost effective
oscillators and components. Additional information is available on the
Company's website: www.frequencyelectronics.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995:

The Statements in this press release regarding the future constitute
"forward-looking" statements pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995.Forward-looking statements
inherently involve risks and uncertainties that could cause actual results to
differ materially from the forward-looking statements.Factors that would
cause or contribute to such differences include, but are not limited to,
inability to integrate operations and personnel, actions by significant
customers or competitors, general domestic and international economic
conditions, consumer spending trends, reliance on key customers, continued
acceptance of the Company's products in the marketplace, competitive factors,
new products and technological changes, product prices and raw material costs,
dependence upon third-party vendors, competitive developments, changes in
manufacturing and transportation costs, the availability of capital, and other
risks detailed in the Company's periodic report filings with the Securities
and Exchange Commission.By making these forward-looking statements, the
Company undertakes no obligation to update these statements for revisions or
changes after the date of this release.

CONTACT: Alan Miller, CFO, or General Joseph P. Franklin, Chairman:
         TELEPHONE: (516) 794-4500
         WEBSITE: www.frequencyelectronics.com
 
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