Blonder Tongue Laboratories, Inc. Announces $300,000 Stock Repurchase Program.

Business Editors & High Tech Writers

OLD BRIDGE, N.J.--(BUSINESS WIRE)--July 24, 2002

Blonder Tongue Laboratories, Inc. (AMEX:BDR), announced today that its Board of Directors has authorized a stock repurchase program and that the Company intends to acquire up to $300,000 of its outstanding common stock.

The Company, which is a manufacturer of electronics and systems equipment for the franchised and private cable television industries, said the share purchases may be made from time to time in the open market or through block trades, in all cases, consistent with Securities and Exchange Commission Rule 10b-18.

Depending on market conditions and other factors, these purchases may be commenced or suspended at any time or from time to time without prior notice. The purchases will be funded from available working capital and the repurchased shares will be held in treasury or used for ongoing stock issuance such as for employee stock plans.

"Approval of this program reflects a strong belief by our Board in Blonder Tongue's future. With the recent slow down of the U.S. economy and accompanying decline in Blonder Tongue's stock price, Blonder Tongue believes the current valuation does not reflect the underlying long-term value of the company. We believe our actions underscore our commitment to enhancing shareholder value and feel that repurchasing Blonder Tongue stock is one of the best investments Blonder Tongue can make right now," said James A. Luksch, Chairman of the Board, President and Chief Executive Officer.

Blonder Tongue Laboratories is a designer, manufacturer and supplier of a comprehensive line of electronics and systems equipment for the franchised and private cable television industries. Founded in 1950, Blonder Tongue has grown to be one of the leaders in cable television equipment manufacturing. For more information regarding Blonder Tongue and its products or to receive Blonder Tongue's latest news releases and other corporate announcements via fax or email, at no cost, please visit the Company's Internet site at www.blondertongue.com or contact the Company directly at 732/679-4000.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995. The information set forth above includes "forward-looking" statements and accordingly, the cautionary statements contained in Blonder Tongue's Annual Report and Form 10-K for the year ended December 31, 2001 (See Item 1: Business and Item 7: Management's Discussion and Analysis of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words "believe", "expect", "anticipate", "project", and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. Blonder Tongue undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Blonder Tongue's actual results may differ from the anticipated results or other expectations expressed in Blonder Tongue's "forward-looking" statements.