| RF INDUSTRIES,      LTD.                                         | For Immediate Release                   |
|------------------------------------------------------------------|-----------------------------------------|
|                                                             |
| RF      Connectors/Aviel/Worswick/Neulink/Bioconnect/RadioMobile |
|                                                             |
| Investor      Contact:                                           | Company      Contact:                   |
|   Neil      Berkman Associates                         |   Howard      Hill, President |
|   (310)      826 – 5051                          |   (858)      549-6340         |
|   info@berkmanassociates.com                           |   rfi@rfindustries.com        |

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|                                               |   | Three Months Ended |      |
|----------------------------------------------------|--------|------------------------------|-----------|
|                                               |   | January 31,             |      |
|                                               |   | 2009                         |      |   | 2008 |   |
|                                               |   |                         |      |   |   |   |
| Net sales                                     |   | $                            | 3,583     |   |   | $ | 3,826 |   |
| Cost of sales                            |   |                         | 1,937     |   |   |   | 1,955 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Gross profit                                  |   |                         | 1,646     |   |   |   | 1,871 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Operating expenses:                           |   |                         |      |   |   |   |   |   |
| Engineering                                        |   |                         | 256       |   |   |   | 272 |   |
| Selling and general                      |   |                         | 1,249     |   |   |   | 1,332 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Total operating expenses                 |   |                         | 1,505     |   |   |   | 1,604 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Operating income                              |   |                         | 141       |   |   |   | 267 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Interest income                               |   |                         | 82        |   |   |   | 70 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Income before income taxes          |   |                         | 223       |   |   |   | 337 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Provision for income taxes          |   |                         | 61        |   |   |   | 155 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Net income                                    |   | $                            | 162       |   |   | $ | 182 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Earnings per share:                      |   |                         |      |   |   |   |   |   |
| Basic                                              |   | $                            | 0.05      |   |   | $ | 0.06 |   |
| Diluted                                            |   | $                            | 0.05      |   |   | $ | 0.05 |   |
|                                               |   |                         |      |   |   |   |   |   |
| Weighted average shares outstanding |   |                         |      |   |   |   |   |   |
| Basic                                              |   |                         | 3,122,700 |   |   |   | 3,291,503 |   |
| Diluted                                            |   |                         | 3,447,665 |   |   |   | 3,723,300 |   |

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|                                                                                                                                      |   | January 31, |   |   | October 31, |   |
|-------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|--------|--------|------------------|--------|
|                                                                                                                                      |   | 2009             |   |   | 2008             |   |
| ASSETS                                                                                                                                    |   |             |   |   |             |   |
|                                                                                                                                      |   |             |   |   |             |   |
| CURRENT ASSETS                                                                                                                       |   |             |   |   |             |   |
| Cash and cash equivalents                                                                                                  |   | $                | 1,160  |   |             | $      | 1,061 |   |
| Certificates      of deposits                                                                                                             |   |             | 5,791  |   |             |   | 6,316 |   |
| Investments in available-for-sale securities                                                                               |   |             |   |   |             |   | 547 |   |
| Trade accounts receivable, net                                                                                             |   |             | 1,900  |   |             |   | 2,071 |   |
| Inventories                                                                                                                               |   |             | 5,779  |   |             |   | 5,950 |   |
| Other current assets                                                                                                            |   |             | 548    |   |             |   | 217 |   |
| Deferred tax assets                                                                                                             |   |             | 542    |   |             |   | 542 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| TOTAL CURRENT ASSETS                                                                                                            |   |             | 15,720 |   |             |   | 16,705 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| Property, plant and equipment, net                                                                                    |   |             | 625    |   |             |   | 566 |   |
| Goodwill                                                                                                                                  |   |             | 347    |   |             |   | 347 |   |
| Amortizable intangible asset, net                                                                                          |   |             | 48     |   |             |   | 54 |   |
| Note receivable from stockholder                                                                                           |   |             | 67     |   |             |   | 67 |   |
| Other assets                                                                                                                         |   |             | 35     |   |             |   | 29 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| TOTAL ASSETS                                                                                                                         |   | $                | 16,842 |   |             | $      | 17,768 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                       |   |             |   |   |             |   |   |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| CURRENT LIABILITIES                                                                                                                  |   |             |   |   |             |   |   |   |
| Accounts payable                                                                                                                     |   | $                | 219    |   |             | $      | 329 |   |
| Accrued expenses                                                                                                                     |   |             | 722    |   |             |   | 761 |   |
| Income taxes payable                                                                                                            |   |             | 19     |   |             |   | 233 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| TOTAL CURRENT LIABILITIES                                                                                                       |   |             | 960    |   |             |   | 1,323 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| Deferred tax liabilities                                                                                                        |   |             | 106    |   |             |   | 106 |   |
| Other long-term liabilities                                                                                                     |   |             | 210    |   |             |   | 217 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| TOTAL LIABILITIES                                                                                                                    |   |             | 1,276  |   |             |   | 1,646 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                                   |   |             |   |   |             |   |   |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| STOCKHOLDERS' EQUITY                                                                                                                 |   |             |   |   |             |   |   |   |
| Common      stock - authorized 10,000,000 shares of $0.01 par  value;      3,083,671 and 3,226,264 shares issued andoutstanding |   |             | 31     |   |             |   | 32 |   |
| Additional paid-in capital                                                                                                      |   |             | 6,455  |   |             |   | 6,412 |   |
| Retained earnings                                                                                                                    |   |             | 9,080  |   |             |   | 9,678 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| TOTAL STOCKHOLDERS' EQUITY                                                                                                      |   |             | 15,566 |   |             |   | 16,122 |   |
|                                                                                                                                      |   |             |   |   |             |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                                                            |   | $                | 16,842 |   |             | $      | 17,768 |   |

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