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Orbit International's Power Unit Segment Receives New Orders in Excess of $450,000

Posted on: Thursday, 18 August 2005, 09:00 CDT

Orbit International Corp. (NASDAQ:ORBT) today announced that its Power Units Segment, Behlman Electronics, Inc. ("Behlman") has received an order for approximately $365,000, for a power supply used on the RC-135 Rivet Joint Program, the U.S. Air Force's all-weather airborne reconnaissance platform. The USAF RC-135 Rivet Joint surveillance aircraft is equipped with an extensive array of sophisticated intelligence gathering equipment enabling military specialists to monitor the electronic activity of enemy forces and threatening battlefield activity. This follow-on order for the Behlman power supply brings the total orders under the RC-135 Rivet Joint Program to over $700,000 since 2003.

In addition, Behlman received an order for a modified power supply used in a railroad testing application for the New York City Transit Authority for approximately $100,000. These Behlman units provide signaling for the railroad. Deliveries under these contracts are expected to begin in the fourth quarter of 2005 and continue through the first quarter of 2006.

Mark Tublisky, President of Behlman, commented, "Behlman's success continues to stem from its ability to modify its standard products to meet specific customer requirements, combined with its individualized engineering support and unmatched service. This approach to product sales has been instrumental in developing a niche in the power supply market which has driven Behlman's sales growth over the past several years. With each new order, Behlman enhances its reputation as a premier supplier of custom power solutions, which we believe will continue to lead to sales growth in the years to come."

Dennis Sunshine, President and Chief Executive Officer of Orbit International Corp. added, "Behlman continues to effectively execute its business plan as evidenced by its strong sales for the first half of 2005. Both our Power Units and Electronics Segments are continuing to pursue a number of new business and follow-on opportunities. Consequently, we remain confident that our strong operating performance will continue for the remainder of 2005."

Orbit International Corp. is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York and Quakertown, Pennsylvania. Its Behlman Electronics, Inc. subsidiary manufactures and sells high quality commercial power units, AC power sources, frequency converters, uninterruptible power supplies and associated analytical equipment. The Behlman military division designs, manufactures and sells power units and electronic products for measurement and display. For a more detailed discussion of the risks inherent in the Company's business, the reader is referred to the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2004.

This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding deliveries under new contracts, Behlman enhancing its reputation as a premier supplier of custom power solutions that will lead to sales growth in the years to come, the business of the Company remaining strong and strong operating performance continuing for the remainder of 2005. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual future results of the Company to be materially different from such forward looking statements. Factors that might result in such differences include, without limitation, current economic conditions and military conflicts, variable market conditions, changing needs of the defense sector and the Company's customers and integration of the new Tulip acquisition. The forward-looking statements contained in this press release speak only as of the date hereof. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.

Source: Business Wire

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