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RELM Wireless Holds Annual Meeting

Posted on: Thursday, 21 May 2009, 06:00 CDT

-George N. Benjamin III Re-Elected Chairman of the Board-

WEST MELBOURNE, Fla., May 21 /PRNewswire-FirstCall/ -- At the Company's Annual Meeting on May 13, 2009, directors of RELM Wireless Corporation (NYSE Amex: RWC) reelected George N. Benjamin III to his sixth one-year term as Chairman of the Board.

Mr. Benjamin has served on the Board of Directors at RELM Wireless (www.relm.com) since January 1996. A longtime business leader, his career includes senior executive experience with The Marmon Group; BICC Cables, NA; TIE/Communications, Inc.; Ericsson, Inc.; and TRIG Systems.

Mr. Benjamin also continues as a Director of Stonebridge Financial Corporation, the parent company of Stonebridge Bank (www.stonebridgebank.com), an Internet-based bank focusing on national customer accounts while directing its lending activities in the Delaware Valley from its headquarters in West Chester, PA. He serves as Chairman of the Compensation Committee and is a member of the Asset and Liability Committee of Stonebridge Financial Corp.

In recent years Mr. Benjamin has specialized as a consultant on acquisitions and mergers, restructurings and turnarounds, entrepreneurial startups, and new business expansion for domestic and international companies in the telecommunications technology, electronic instrumentation, electro-mechanical equipment, and wire and cable industries through TRIG Systems, a worldwide management consulting company. During the years 1997-1999, he served as President of BICC Brand-Rex, and from 1998 to 1999 as President and Chief Executive Officer of BICC Cables Corp., N.A. From 1988 to 1995, Mr. Benjamin was Group Vice President of The Marmon Group, Inc., and he served as President and Chief Executive Officer of TIE/Communications, Inc. during the years 1992-1995. From 1985 to 1987 he was President of Ericsson, Inc., a wholly owned subsidiary of Ericsson, N.A.

Mr. Benjamin holds three U.S. patents involving solid dielectric insulated high-voltage cable design and manufacturing equipment and processes.

At the annual meeting, Chairman Benjamin recognized the RELM management team for its perseverance over the past year in expanding its addressable market through the addition of new products. He also acknowledged the contributions of the Board of Directors towards enhancing RELM's prospects for future growth and improved shareholder returns.

About RELM Wireless Corporation

As an American Manufacturer for more than 60 years, RELM Wireless Corporation has produced high-specification two-way communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications. Advances include a broad new line of leading digital two-way radios compliant with APCO Project 25 specifications. RELM's products are manufactured and distributed worldwide under BK Radio and RELM brand names. The Company maintains its headquarters in West Melbourne, Florida and can be contacted through its web site at www.relm.com or directly at 1-800-821-2900. The Company's common stock trades on the NYSE Amex market under the symbol "RWC".

This press release contains certain forward-looking statements that are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act Of 1995. These forward-looking statements concern the Company's operations, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: risks relating to the current financial crisis and adverse economic conditions; reliance on contract manufacturers; heavy reliance on sales to the U.S. Government; federal, state and local budget deficits and spending limitations; limitations in available radio spectrum for use by land mobile radios; general economic and business conditions amid the financial crisis; changes in customer preferences; competition; changes in technology; changes in business strategy; the debt and inventory levels of the Company; quality of management, business abilities and judgment of the Company's personnel; and the availability, terms and deployment of capital. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.

SOURCE RELM Wireless Corporation

Source: PR Newswire

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