ACRODYNE COMMUNICATIONS, INC. ANNOUNCES FIRST QUARTER 1996 RESULTS-New Wireless Products Expected to Substantially Increase Backlog-.

BLUE BELL, Penn.--(BUSINESS WIRE)--May 15, 1996--Acrodyne Communications, Inc. (NASDAQ: ACRO, ACROW, ACROU) today reported its results for the first quarter ended March 31, 1996.

For the three months ended March 31, 1996, net sales rose to $2,210,350 compared to $2,172,102 for the same period of the prior year. The net loss for the three months ended March 31, 1996 was $119,298, or a loss of $0.05 per share, compared to a net loss of $186,477, or a loss of $0.08 per share, for the same period of the prior year.

A. Robert Mancuso, Chairman and CEO, commented, "The Company's first quarter results were in line with our expectations due to the seasonality' of our business and the usual reluctance of our customers to place orders prior to the National Association of Broadcasters Convention (NAB 96) which was held in mid-April. Therefore, the first quarter sales level was fueled almost entirely by the Company's sales of low power products, traditionally having lower margins than our high power product line. Our high power transmitter business grew 146% in 1995 and we expect this trend to continue in 1996."

Mr. Mancuso added, "With the recent introduction of our new line of wireless cable transmitters, Acrodyne now has the broadest line of TV broadcast transmitters in the industry. We now have a current backlog of $5 million and expect this figure to exceed our 1994 sales level of $6 million by the end of May. This backlog is primarily for products in the high power arena which afford the Company high gross margins."

The Company recently announced its new line of wireless cable transmitters for the MMDS ("Multichannel Multipoint Distribution Service") market at NAB 96. Acrodyne's new MMDS wireless cable transmitters are designed for complete compatibility with all of the world's wireless cable formats. Acrodyne anticipates marketing its new MMDS wireless cable transmitters to the major cable providers here in the U.S. and in the European marketplace. At present, the global wireless market size is $200 million and is anticipated to have significant worldwide growth over the next 5 years as new and replacement cable systems choose wireless modes of transmission over the increasingly outmoded wired systems.

Additionally, the Company recently announced orders totalling approximately $2.5 million. Acrodyne received an order from The Christian Television Network's WHTN (Channel 39-Nashville, TN), WRXY (Fort Meyers, FL) and WCLF (Clearwater, FL). The value of the order is approximately $1,500,000 and the WHTN order was the first received for Acrodyne's Au120D, 120kW Diacrode equipped transmitter. WRXY and WCLF will receive the Au60D single tube Diacrode transmitters. The Company also recently sold the first Au180D to WTXL (Channel 27-Tallahassee, FL). The value of this project is approximately $1,000,000 and the Au180D consists of three 60kW high power Diacrode equipped amplifiers combined with a dual Magic-Tee RF system from Dielectric. Currently the global TV broadcast equipment market size is $600 million.

"With our backlog approaching the $6 million level, our MMDS wireless products entering the marketplace and orders received at NAB 96 coming to the final stages of negotiation, we anticipate that our sales for the year may reach the $17 million level with $2.5 million in earnings expected to fall to the bottom line. On a fully diluted basis, this level of earnings anticipated would translate to approximately $0.35 per share for 1996." concluded Mr. Mancuso.

The Company notes that the above contains forward-looking statements regarding future events or the future financial performance of the Company. Actual results or events may differ materially. Please refer to the Company's last filed Form 10K and/or 10Q with the Securities and Exchange Commission for important factors that could cause the actual results to differ materially from those contained in these forward-looking statements.

Acrodyne Industries, Inc., the operating subsidiary of Acrodyne Communications, Inc., is an established and respected manufacturer of television broadcast equipment. In business over 25 years, the Company has developed the leading position as a technologically advanced, high quality low cost producer of transmitters and translators used by television stations to broadcast and retransmit over-the-air signals.

                  ACRODYNE COMMUNICATIONS, INC.
                        SUMMARY OF RESULTS
                           (Unaudited)

                                Three Months Ended March 31,
                                    1996             1995
                                  Acrodyne          Acrodyne
                              Communications, Inc.  Holdings, Inc.

Revenues                         $2,210,350          $2,172,102

Gross Profit                        694,177             659,282

Total Operating Expenses            770,453             816,155

Operating Profit/(Loss)             (76,276)           (156,873)

Other Income/(Expense)              (43,022)            (29,604)

Net Income/(Loss)                 $(119,298)          $(186,477)

Net Income/(Loss) Per Share          $(0.05)             $(0.08)

Weighted Average Common
 Shares Outstanding               2,680,000           2,385,280

NOTE: The business of Acrodyne Communications, Inc., formerly known as Acrodyne Holdings, Inc., is conducted through its sole operating subsidiary Acrodyne Industries, Inc. Acrodyne Industries, Inc. was acquired by Acrodyne Holdings, Inc. pursuant to a stock acquisition agreement on October 24, 1994. Prior thereto, Acrodyne Communications, Inc. had no operations. Acrodyne Holdings, Inc. changed its name to Acrodyne Communications, Inc. on June 9, 1995.

CONTACT: WOLFE AXELROD ASSOCIATES

Stephen D. Axelrod, Mona J. Walsh, 212/370-4500

or

ACRODYNE COMMUNICATIONS, INC.

A. Robert Mancuso, 215/542-7000