Telephonics Corporation receives AN/UPX-44 nomenclature from USMC for G/ATOR Identification Friend or Foe Interrogator

1/26/2010  -  Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), announced today that they have received the AN/UPX-44 nomenclature assignment for the latest application of their Common Module IFF interrogator equipments. This nomenclature is specific and unique to the Telephonics’ IFF Interrogator. Telephonics was awarded an initial contract valued at $1.3M in May 2009 for the USMC G/ATOR mobile radar program. The AN/UPX-44 will be used on the USMC Ground Air Task Oriented Radar (G/ATOR) transportable Radar system.

“The USMC G/ATOR, being built by Northrop Grumman for the USMC and equipped with the AN/UPX-44, will provide our war fighters with the most advanced performance available in Radar and IFF equipments today. The IFF product team clearly understands that only reliable equipment that operates in the most hostile war time environments will safeguard our war fighters,” explained Andy Webster, Sr. Director of Business Development at Telephonics. “The USMC currently plans to buy and deploy 81 G/ATOR systems which will be used to replace existing aging radars while meeting new, advanced mission requirements.”

The Telephonics’ AN/UPX-40, AN/UPX-43(V) AN/UPX-505(V) and AN/UPX-44 are part of the new All-Mode family of IFF Interrogators sharing a common modular design approach with multiple platforms for the USN, USAF, USMC and Canadian DND. These platforms include Airborne Early Warning, Rotary Wing, Fixed Wing, Ground Transportable, Ground Fixed, and Ship board applications.

About Telephonics

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 (the “Company” or “Griffon”), headquartered in New York, N.Y., is a diversified management and holding company that conducts business through wholly-owned subsidiaries. The Company oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. The Company provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital to further diversify itself.

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 Griffon Corporation’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.

Go to:	www.telephonics.com
Go to:	www.telephonics.com
Contact Info:	Carrie Petrocca 631-755-7785