Telephonics Corporation Receives Contract Award from the United States Air Force for Wireless Intercommunication Systems

TruLink to be Utilized in Critical Aeromedical Evacuation Missions

FARMINGDALE, N.Y.--(BUSINESS WIRE)--

Telephonics Corporation, a wholly owned subsidiary of the Griffon Corporation (NYSE:GFF); announced today that it has been awarded a contract from the United States Air Force (USAF) in excess of $6.0 million dollars for TruLink(R) Wireless Intercommunication Systems. The TruLink system will be used by 5-member Aeromedical Evacuation (AE) teams to provide clear voice communications between team members, thereby enhancing the safe transport and care of patient's on-board military aircraft. The system is designed for simultaneous, multi-user, voice conferencing and implements advanced proprietary software to facilitate hands-free communications. The TruLink system has gone through rigorous environmental and operational testing for immediate use on USAF C-17A, and C-130E/H/J variant aircrafts.

"We are pleased to have the opportunity to support the USAF Air Mobility Command with wireless intercommunications that will enhance the operational safety and capability of these critical Aeromedical Evacuation missions, stated Phil Nicholas, President of the Telephonics Communication Systems Division. "The TruLink wireless intercommunication system is being widely used across the Army, Navy and Air Force to enhance the safety of our military personnel while undertaking dangerous and critical operational missions."

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 four business segments: Garage Doors; Installation Services; 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.

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Source: Telephonics Corporation

Released October 20, 2008