Acrodyne Communications, Inc. announces third quarter and nine months results.

BLUE BELL, Pennsylvania--(BUSINESS WIRE)--November 15, 1996-- Acrodyne Communications, Inc. (NASDAQ: ACRO) today reported its results for the third quarter and nine months ended September 30, 1996.

For the three months ended September 30, 1996, net sales were $2,648,394 compared to $2,679,267 for the same period of the prior year. For the nine months ended September 30, 1996, net sales were $8,062,851 compared to $7,404,736 for the same period of the prior year. The net loss for the three months ended September 30, 1996 was $241,029, or a loss of $0.06 per share, compared to net income of $85,436, or $0.04 per share, for the same period of the prior year. The net loss for the nine months ended September 30, 1996 was $449,366, or a loss of $0.14 per share, compared to a net loss of $212,385, or a loss of $0.09 per share, for the same period of the prior year.

During the quarter, the Company experienced lower sales than anticipated, lower sales margins and higher operating expenses as compared to the three months and nine months ended September 30, 1995. Lower margins were primarily due to a more competitive market.

A. Robert Mancuso, Chairman and CEO, commented, "The third quarter was a disappointing one for the Company due to the dramatic slowdown in the high power transmitter business caused by the lack of direction from the FCC on its decision for a format for the long anticipated switch from analog to digital TV (DTV, formerly known as HDTV) broadcast technology. This slowdown in orders is expected to last another quarter as broadcasters, not knowing which system the FCC will endorse, will delay their purchases to the first quarter of 1997. We believe that this issue will be resolved by year end and that the FCC will embrace DTV as the new standard for TV broadcast."

"We are encouraged that a decision on the FCC's part is close at hand. A nationwide survey of broadcasting executives cited their support of the Grand Alliance Standard for DTV and their commitment to convert to DTV, with the requisite purchases of digital transmitters and other equipment necessary to support this new standard. Published studies have cited that the next generation TV -- digital TV - will be implemented over a five year period once the FCC accepts this standard."

"Once the DTV standard is set by the FCC, these orders, representing a $1 billion market opportunity, will be placed by the broadcasters who need to equip their stations with the high power equipment necessary to broadcast the new digital signal. With the approval of these standards and with the acceptance of our new line of wireless communication products, we believe that we will see significant growth in 1997 and beyond," 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. -0-

                     ACRODYNE COMMUNICATIONS, INC.
                          SUMMARY OF RESULTS
                              (Unaudited)

                   Nine Months Ended             Three Months Ended
                     September 30,                  September 30,
                  1996           1995            1996           1995
                Acrodyne       Acrodyne        Acrodyne       Acrodyne
              Communications,  Holdings,      Communications, Holdings,
                  Inc.            Inc.            Inc.          Inc.

Revenues       $ 8,062,851     $ 7,404,736     $ 2,648,394   $ 2,679,267

Gross Profit     2,504,319       2,585,349         790,490       960,066

Total Operating
 Expenses        2,832,654       2,685,359       1,016,678       827,960

Operating
 Profit/(Loss)    (328,335)       (100,010)       (226,188)      132,106

Other
 Income/(Expense)  (81,370)       (112,375)          6,159       (46,670)

Dividend on 8%
 Convertible
 Redeemable
 Preferred Stock   (39,661)             --         (21,000)           --

Net Income/(Loss)$(449,366)      $(212,385)    $  (241,029)     $ 85,436

Net Income/(Loss)
 Per Share       $   (0.14)      $   (0.09)    $     (0.06)     $   0.04

Weighted Average
 Common Shares
 Outstanding     3,300,000       2,385,280       4,238,000     2,385,280
-0-

    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: ACRODYNE COMMUNICATIONS, INC.

A. Robert Mancuso, Chairman and CEO

[phone]

http://www.acrodyne.com

or

WOLFE AXELROD ASSOCIATES

Stephen D. Axelrod, CFA 

Mona J. Walsh

Susan T. Bolen (Media)

[phone]; [phone]

e-mail: [e-mail]