| RF      INDUSTRIES, LTD.                                      |   | For Immediate Release |
|---------------------------------------------------------------|--------|-----------------------|
|                                                          |   |                  |   |
| RF Connector & Cable Assembly/Bioconnect/RF      Wireless |   |                  |   |
|                                                          |   |                  |   |
| 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 |      |   | Six Months Ended |   |
|-------------------------------------------------------------------|--------|------------------------------|-----------|--------|----------------------------|--------|
|                                                              |   | April 30                |      |   | April 30              |   |
|                                                              |   | 2010                         |      |   | 2009                       |   |   | 2010 |   |   | 2009 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |
| Net sales                                                    |   | $                            | 3,778     |   |                       | $      | 3,525 |   |   | $ | 7,091 |   |   | $ | 7,107 |   |
| Cost of sales                                           |   |                         | 1,821     |   |                       |   | 1,802 |   |   |   | 3,504 |   |   |   | 3,739 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Gross profit                                                 |   |                         | 1,957     |   |                       |   | 1,723 |   |   |   | 3,587 |   |   |   | 3,368 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses:                                          |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Engineering                                                       |   |                         | 212       |   |                       |   | 295 |   |   |   | 406 |   |   |   | 550 |   |
| Selling and general                                     |   |                         | 1,166     |   |                       |   | 1,147 |   |   |   | 2,384 |   |   |   | 2,396 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Total operating expenses                                |   |                         | 1,378     |   |                       |   | 1,442 |   |   |   | 2,790 |   |   |   | 2,946 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Operating income                                             |   |                         | 579       |   |                       |   | 281 |   |   |   | 797 |   |   |   | 422 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Interest income                                              |   |                         | 14        |   |                       |   | 44 |   |   |   | 40 |   |   |   | 126 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Income before provision for income taxes |   |                         | 593       |   |                       |   | 325 |   |   |   | 837 |   |   |   | 548 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Provision for income taxes                         |   |                         | 263       |   |                       |   | 110 |   |   |   | 364 |   |   |   | 171 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Net income                                                   |   | $                            | 330       |   |                       | $      | 215 |   |   | $ | 473 |   |   | $ | 377 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Earnings per share                                      |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                             |   | $                            | 0.12      |   |                       | $      | 0.07 |   |   | $ | 0.17 |   |   | $ | 0.12 |   |
| Diluted                                                           |   | $                            | 0.10      |   |                       | $      | 0.07 |   |   | $ | 0.15 |   |   | $ | 0.11 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average shares outstanding                |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                             |   |                         | 2,850,928 |   |                       |   | 2,962,620 |   |   |   | 2,849,850 |   |   |   | 3,042,660 |   |
| Diluted                                                           |   |                         | 3,210,312 |   |                       |   | 3,225,956 |   |   |   | 3,194,862 |   |   |   | 3,336,811 |   |
|                                                              |   |                         |      |   |                       |   |   |   |   |   |   |   |   |   |   |   |
| Dividends paid                                               |   |                         | —   |   |                       |   | — |   |   |   | — |   |   |   | 94,780 |   |

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|                                                                                                                                                                                                        |   | April 30,2010 |   |   | October 31,2009 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------|--------|--------|----------------------|--------|
| ASSETS                                                                                                                                                                                                      |   |               |   |   |                 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |
| CURRENT ASSETS:                                                                                                                                                                                        |   |               |   |   |                 |   |
| Cash and cash equivalents                                                                                                                                                                    |   | $                  | 736    |   |                 | $      | 1,226 |   |
| Certificates of      deposit                                                                                                                                                                                |   |               | 7,326  |   |                 |   | 6,477 |   |
| Trade accounts receivable, net                                                                                                                                                               |   |               | 1,749  |   |                 |   | 2,263 |   |
| Inventories                                                                                                                                                                                                 |   |               | 4,894  |   |                 |   | 4,985 |   |
| Other current assets                                                                                                                                                                              |   |               | 345    |   |                 |   | 341 |   |
| Deferred tax assets                                                                                                                                                                               |   |               | 478    |   |                 |   | 478 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| TOTAL CURRENT ASSETS                                                                                                                                                                              |   |               | 15,528 |   |                 |   | 15,770 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| Property and equipment, net                                                                                                                                                                  |   |               | 565    |   |                 |   | 566 |   |
| Long term certificates of deposit                                                                                                                                                       |   |               | 738    |   |                 |   | — |   |
| Goodwill                                                                                                                                                                                                    |   |               | 137    |   |                 |   | 137 |   |
| Amortizable intangible asset, net                                                                                                                                                            |   |               | 14     |   |                 |   | 27 |   |
| Note receivable from stockholder                                                                                                                                                             |   |               | 67     |   |                 |   | 67 |   |
| Other assets                                                                                                                                                                                           |   |               | 32     |   |                 |   | 31 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| TOTAL ASSETS                                                                                                                                                                                           |   | $                  | 17,081 |   |                 | $      | 16,598 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                                                         |   |               |   |   |                 |   |   |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| CURRENT LIABILITIES:                                                                                                                                                                                   |   |               |   |   |                 |   |   |   |
| Accounts payable                                                                                                                                                                                       |   | $                  | 169    |   |                 | $      | 225 |   |
| Accrued expenses                                                                                                                                                                                       |   |               | 658    |   |                 |   | 673 |   |
| Income taxes payable                                                                                                                                                                              |   |               | 20     |   |                 |   | 75 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| TOTAL CURRENT LIABILITIES                                                                                                                                                                         |   |               | 847    |   |                 |   | 973 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| Deferred tax liabilities                                                                                                                                                                          |   |               | 51     |   |                 |   | 51 |   |
| Other long-term liabilities                                                                                                                                                                       |   |               | 332    |   |                 |   | 321 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| TOTAL LIABILITIES                                                                                                                                                                                      |   |               | 1,230  |   |                 |   | 1,345 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                                                                                                     |   |               |   |   |                 |   |   |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| STOCKHOLDERS' EQUITY:                                                                                                                                                                                  |   |               |   |   |                 |   |   |   |
| Common stock - authorized 10,000,000 shares of $0.01 par      value;  2,850,928 and 2,848,313 shares issued and outstanding |   |               | 29     |   |                 |   | 28 |   |
| Additional paid-in capital                                                                                                                                                                        |   |               | 6,626  |   |                 |   | 6,502 |   |
| Retained earnings                                                                                                                                                                                      |   |               | 9,196  |   |                 |   | 8,723 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| TOTAL STOCKHOLDERS' EQUITY                                                                                                                                                                        |   |               | 15,851 |   |                 |   | 15,253 |   |
|                                                                                                                                                                                                        |   |               |   |   |                 |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                                              |   | $                  | 17,081 |   |                 | $      | 16,598 |   |

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