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MtronPTI Continues Strategic Investments in Timing Product Line

MtronPTI, leader in precision frequency control and custom RF/microwave filters, today announced the appointment of Conrad Jordan as Timing Products Vice President and Business Center Manager.

Greg Anderson, MtronPTI President and Chief Executive Officer says, “Conrad’s more than twenty years’ experience in RF and microwave new product development and engineering will help MtronPTI sharpen new product focus, drive our IP upmarket strategy and expand our industry recognized reputation for excellent client service.”

The Company has been working with its parent, The LGL Group, Inc. (NYSE MKT: LGL), to realign efforts to areas of high market value. For example, recently MtronPTI expanded its RF and microwave filter line and served client list. With this new executive staff addition, MtronPTI adds unique experience and technical leadership to continue along the path toward profitable growth.

Mr. Jordan has a broad background in product design, engineering management and business development in defense, commercial and consumer markets. In his most recent position as Strategic R&D Manager at TRAK Microwave, Inc. in Tampa, FL, he directly managed all R&D programs including developing clear understanding of client technical and market needs. Previously he has held positions managing low phase noise oscillator, high power RF switch and various synthesizer/receiver design teams. He also led a technical sales team developing new business opportunities across the company.

Mr. Jordan will be based in MtronPTI’s Orlando headquarters and has full product line responsibility with resources in Florida and MtronPTI’s Yankton, South Dakota design and manufacturing center.

(February 4, 2014: MtronPTI Acquires Certain Assets from Trilithic, Inc.)

About MtronPTI

MtronPTI is an AS9100 rev C certified designer and manufacturer of advanced highly engineered frequency control and filter products for aerospace, defense, instrumentation and Internet communication applications. Based in Orlando, Florida, with design, sales and manufacturing locations in North America, Asia and Europe, MtronPTI is a subsidiary of The LGL Group (NYSE MKT: LGL). For more information, visit http://www.mtronpti.com and http://www.lglgroup.com.

Caution Concerning Forward Looking Statements

This document includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to risks, uncertainties and other factors. The Company’s actual performance may differ materially from such expectations as a result of important risk factors, which include, those identified in the Company’s Form 10-K for the ended December 31, 2012 and its other filings with the U.S. Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from those referred to in these forward-looking statements. The Company does not undertake an obligation to update or revise any forward-looking statements.

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