Marshall Miles Joins Bel As Director Of Strategic Marketing

1 May 2000

Marshall Miles Joins Bel As Director Of Strategic Marketing

    JERSEY CITY, N.J.--May 1, 2000--Bel Fuse Inc. (NASDAQ:BELFA)(NASDAQ:BELFB) announced today that Marshall Miles has joined the company as Strategic Marketing Director.
    Miles will work with the management team to re-position Bel in high growth areas that capitalize on its customer relationships and manufacturing capabilities. He joins Bel from Artesyn Technologies, where as Strategic Marketing Director, he was responsible for strategic planning, Internet strategies and marketing communications.
    Prior to joining Artesyn, Miles was Marketing Director at AT&T Power Systems (now Lucent Power Systems). He holds a masters degree in electrical engineering from Clemson University and an MBA from Oklahoma City University. He currently serves on the board of directors for the Power Sources Manufacturers' Association.
    Dan Bernstein, President of Bel said, "Marshall brings a wealth of knowledge and industry experience to Bel. We believe his expertise and perspective are a natural fit with Bel's capabilities as we seek to accelerate our penetration of high growth markets and evaluate future acquisition possibilities."

    About Bel

    Bel (www.belfuse.com) and its subsidiaries are primarily engaged in the design, manufacture and sale of products used in networking, telecommunications, high speed data transmission, automotive and consumer electronics. Products include magnetics for the high speed data transmission and telecom markets, fuses, delay lines and thick film hybrids. The Company operates facilities around the world.

    Except for historical information contained in this news release, the matters discussed (including statements regarding sales and earnings growth and benefits from the Internet) are forward looking statements that involve risks and uncertainties. Among the factors that could cause actual results to differ materially from such statements are: the effect of business and economic conditions; capacity and supply constraints or difficulties; product development, commercializing or technological difficulties; the regulatory and trade environment; the market's acceptance of the Company's new products and competitive responses to those new products, and the risk factors detailed from time to time in the Company's SEC reports.