The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

ORBIT/FR, Inc. Agrees to Acquire RDL, Inc.

18 February 1998

ORBIT/FR, Inc. Agrees to Acquire RDL, Inc.

    HORSHAM, Pa., Feb. 17 -- ORBIT/FR, Inc. today
announced that it has agreed to acquire substantially all of the assets of
RDL, Inc., a supplier of sophisticated microwave test and measurement products
to the wireless communications and cable television industries and of
microwave defense systems.  For the year ending March 31, 1998, RDL estimates
that it will have revenues of approximately $13.0 million.
    The purchase price of the acquisition will be up to $8.0 million and will
be calculated with a formula based on historical and future earnings.  The
acquisition is subject to certain conditions, including due diligence review
and approval of the board of directors of ORBIT/FR.
    Aryeh Trabelsi, President and Chief Executive Officer of ORBIT/FR, stated
that "the acquisition of RDL will expand and complement ORBIT/FR's product
line for the wireless communications, satellite, aerospace and defense
industries and will provide ORBIT/FR with an entree into the cable television
industry.  In addition, the acquisition will provide ORBIT/FR with high
quality microwave production capacity."  Mr. Trabelsi also stated that he
believes that the acquisition will be accretive to ORBIT/FR's 1998 results.
    ORBIT/FR separately also announced today that principally as a result of
the slowdown in revenues from the Far East, it expects that its revenues for
the fourth quarter of 1997 will be materially lower than expectations.
    ORBIT/FR, Inc. develops, markets and supports sophisticated automated
microwave test and measurement systems for the wireless communications,
satellite, automotive and aerospace/defense industries.
    Certain information in this press release, including the statements
regarding revenues and profits for 1997 and 1998, constitutes forward-looking
statements pertaining to the future anticipated growth and profitability of
ORBIT/FR, Inc.  In accordance with the Private Securities Litigation Reform
Act of 1995, all such forward looking statements are necessarily only
estimates of future results, and there can be no assurance that actual results
will not materially differ from expectations.  Further information on
potential factors that could impact results are included in the company's
filings with the Securities and Exchange Commission, including the prospectus
relating to the Company's initial public offering.

SOURCE  ORBIT/FR, Inc.