ACRODYNE HOLDINGS, INC. ANNOUNCES FOURTH QUARTER AND YEAR END RESULTS.

BLUE BELL, Penn.--(BUSINESS WIRE)--April 1, 1996--Acrodyne Communications, Inc. (NASDAQ: ACRO, ACROW, ACROU) today reported its results for the fourth quarter and fiscal year ended December 31, 1995.

For the three months ended December 31, 1995, net sales rose 296% to $2,927,982 compared to $739,406 for the same period of the prior year. For the year ended December 31, 1995, net sales rose 77% to $10,332,718 compared to $5,855,899 for fiscal 1994. The Company's market focussed selling strategy, put into place by the Company's new management team stemming from the October 1994 acquisition, is the primary reason for this continued dramatic rise in sales. Included in 1995 revenues are sales of high power transmitters which increased 146% from approximately $1.5 million in fiscal 1994 to approximately $3.7 million for the year ended December 31, 1995.

Net income for the three months ended December 31, 1995 was $222,052, or $0.09 per share, compared to a net loss of $932,544 for the same period of the prior year. For the year ended December 31, 1995, net income was $9,667, or nil per share, as compared to a net loss of $685,915 for the previous year. No comparable per share numbers for 1994 are available since the predecessor Company had no operations prior to the acquisition of Acrodyne Industries, Inc. by Acrodyne Communications, Inc. (formerly known as Acrodyne Holdings, Inc.) pursuant to a stock acquisition agreement on October 24, 1994. A. Robert Mancuso, Chairman and CEO, commented, "We are very proud of our accomplishments over the course of 1995. We stated from the outset that we hoped to offset first half losses by second half profits and break even for the full year. We accomplished this goal and have positioned the Company for a very successful year in 1996. We are particularly pleased by the growth in our high power transmitter business which grew 146% in 1995. With the introduction of our new line of wireless cable transmitters in 1996, Acrodyne will have the broadest line of TV broadcast transmitters in the industry. This array of high quality, competitively priced products, as well as products that we expect to introduce this year, are the reasons for our continued optimism."

Visit the Acrodyne Industries, Inc. exhibit (Booth #7136) at the upcoming 1996 National Association of Broadcasters Convention (NAB 96) in Las Vegas, Nevada, April 14-18, 1996.

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
                                   (Audited)

                         Twelve Months Ended      Three Months Ended
                             Dec. 31                   Dec. 31,
                          1995         1994         1995          1994
                         Acrodyne    Acrodyne      Acrodyne      Acrodyne
                   Communications, Industries, Communications, Industries,
                           Inc.       Inc.           Inc.         Inc.

Revenues             $10,332,718   $5,855,899    $2,927,982    $ 739,406

Gross Profit           3,819,764    1,553,289     1,234,415      (55,326)

Total Operating
 Expenses              3,655,573    2,403,494       970,214      858,668

Operating Profit/(Loss)  164,191     (850,205)      264,201     (913,994)

Other Income/(Expense)  (154,524)     164,290(a)    (42,149)     (18,550)

Net Income/(Loss)      $   9,667   $(685,915)      $222,052    $(932,544)

Net Income/(Loss)
 Per Share             $    -      $ N/A(b)         $0.09       $ N/A(b)

Weighted Average
 Common               2,444,118      N/A(b)     2,444,118         N/A(b)
 Shares Outstanding

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. Consequently, the table above compares the Acrodyne Communications, Inc.'s results of operations for the three and twelve months ended December 31, 1995 to Acrodyne Industries, Inc.'s results of operations for the three and twelve months ended December 31, 1994. Acrodyne Holdings, Inc. changed its name to Acrodyne Communications, Inc. on June 9, 1995.

(a) Includes unusual amount relating to forfeiture of customer deposit due to customer's breach of contract.

(b) Comparable predecessor company per share and shares outstanding amounts are not meaningful.

CONTACT: ACRODYNE HOLDINGS, INC.

A. Robert Mancuso, 215/542-7000

or

WOLFE AXELROD ASSOCIATES

Stephen D. Axelrod, Mona J. Walsh

Barbara Yu (Media), 212/370-4500