SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB

                   Quarterly Report Under Section 13 or 15 (d)
                         Securities Exchange Act of 1934

                       For Quarter ended January 31, 2004
                         Commission File Number 0-13301

                               RF INDUSTRIES, LTD.

             (Exact name of registrant as specified in its charter)

                                Nevada 88-0168936

          (State of Incorporation) (I.R.S. Employer Identification No.)

         7610 Miramar Road, Bldg. 6000, San Diego, California 92126-4202

               (Address of principal executive offices) (Zip Code)

                        (858) 549-6340 FAX (858) 549-6345

                (Issuer's telephone number, including area code)
        Securities registered pursuant to Section 12(b) of the Act: None

Check  whether  the issuer  (1) has filed all  reports  required  to be filed by
Section 13 or 15(d) of the Securities  Exchange Act of 1934 during the preceding
12 months (or for such shorter  period that the  registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90 days

                               Yes  X       No
                                   ---         ---

Indicate  by check mark  whether  the  registrant  is an  accelerated  filer (as
defined in Rule 12B-2 of the Exchange Act).

State the number of shares outstanding of each of the issuer's classes of common
stock at the latest practicable date.

                               Yes          No  X
                                   ---         ---

As of January 31, 2004, the registrant had 2,892,140 shares of Common Stock,
$.01 par value, issued.

Transitional small business disclosure format

                               Yes          No  X
                                   ---         ---

Part I.  FINANCIAL INFORMATION

Item 1:  Financial Statements

                                                          RF INDUSTRIES, LTD.
                                                       CONDENSED BALANCE SHEETS

                                                      January 31      October 31
                                                         2004            2003
                                                     ------------    -----------
   ASSETS                                            (Unaudited)

CURRENT ASSETS

Cash and cash equivalents ........................     $4,124,568     $2,683,896

Trade accounts receivable, net of allowance
 for doubtful accounts of $73,322 and $55,322 ....      1,114,008      1,701,618

Notes receivable .................................         12,000         12,000

Inventories ......................................      3,540,615      3,455,018

Other current assets .............................        168,333        158,079

Deferred tax assets ..............................        135,600        135,600
                                                       ----------     ----------
     TOTAL CURRENT ASSETS ........................      9,095,124      8,146,211
                                                       ----------     ----------
PROPERTY AND EQUIPMENT
Equipment and tooling ............................      1,144,111      1,125,485
Furniture and office equipment ...................        260,183        260,183
                                                       ----------     ----------
                                                        1,404,294      1,385,668
     Less accumulated depreciation ...............      1,094,133      1,057,544
                                                       ----------     ----------
     Totals ......................................        310,161        328,124
                                                       ----------     ----------
Notes receivable from related parties ............         27,230         49,584
Note receivable from stockholder .................         70,000         70,000
Other assets .....................................         14,171         14,171
                                                       ----------     ----------
     TOTAL ASSETS ................................     $9,516,686     $8,608,090
                                                       ==========     ==========


See Notes to Condensed Unaudited Financial Statements.

Item 1:  Financial Statements (continued)
                                                           RF INDUSTRIES, LTD.
                                                       CONDENSED BALANCE SHEETS

                                                      January 31      October 31
                                                        2004             2003
                                                     -----------     -----------
                                                     (Unaudited)
LIABILITIES AND
STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts payable ...............................    $   277,948     $   181,637

Accrued expenses ...............................        219,487         328,355
                                                    -----------     -----------
     Total current liabilities .................        497,435         509,992

Deferred tax liabilities .......................         40,000          40,000
                                                    -----------     -----------
     TOTAL LIABILITIES .........................        537,435         549,992
                                                    -----------     -----------
COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY
Common stock - authorized 10,000,000 shares
 of $0.01 par value; 2,892,140 and 2,692,683
   shares issued ...............................         28,921          26,927

Additional paid-in capital .....................      3,103,322       2,418,033

Retained earnings ..............................      5,867,675       5,633,805

Treasury stock, at cost - 6,000 shares .........        (20,667)        (20,667)
                                                    -----------     -----------
    TOTAL STOCKHOLDERS' EQUITY .................      8,979,251       8,058,098
                                                    -----------     -----------
     TOTAL LIABILITIES AND
      STOCKHOLDERS' EQUITY .....................    $ 9,516,686     $ 8,608,090
                                                    ===========     ===========



See Notes to Condensed Unaudited Financial Statements.

 Item 1:  Financial Statements (continued)
                                                        RF INDUSTRIES, LTD.
                                                  CONDENSED STATEMENTS OF INCOME
                                                   Three Months Ended January 31
                                                   ----------------------------
                                                             (Unaudited)
                                                          2004           2003
                                                         ------         ------

Net sales ........................................     $2,449,359     $2,326,876
Cost of sales ....................................      1,204,475      1,192,158
                                                       ----------     ----------
     Gross profit ................................      1,244,884      1,134,718
                                                       ----------     ----------
Operating expenses:
     Engineering .................................        115,382        198,580
     Selling and general .........................        759,365        723,839
                                                       ----------     ----------
         Totals ..................................        874,747        922,419
                                                       ----------     ----------
Operating income .................................        370,137        212,299

Other income - interest ..........................          5,733         11,497
                                                       ----------     ----------

Income before provision for income tax ...........        375,870        223,796
Provision for income tax .........................        142,000         89,000
                                                       ----------     ----------
Net income .......................................     $  233,870     $  134,796
                                                       ==========     ==========
Basic earnings per share .........................     $      .08     $      .04
                                                       ==========     ==========
Diluted earnings per share .......................     $      .08     $      .04
                                                       ==========     ==========
Basic weighted average shares outstanding ........      2,757,542      3,400,254
                                                       ==========     ==========
Diluted weighted average shares outstanding ......      2,943,398      3,650,571
                                                       ==========     ==========



See Notes to Condensed Unaudited Financial Statements.


Item 1:  Financial Statements (continued)
<TABLE>
<CAPTION>
                                                                 RF INDUSTRIES, LTD.
                                                         CONDENSED STATEMENTS OF CASH FLOWS
                                                                     (Unaudited)
                                                            Three months ended January 31

                                                                2004           2003
OPERATING ACTIVITIES                                         ----------     ----------
<S>                                                        <C>            <C>
Net income .............................................   $   233,870    $   134,796
Adjustments to reconcile net income to
  net cash provided by operating activities:
     Provision for bad debts ...........................        18,000         12,000
     Depreciation and amortization .....................        36,589         40,666

Changes in operating assets and liabilities:
          Trade accounts receivable ....................       569,610         23,405
           Inventories .................................       (85,597)       177,525
           Other assets ................................        12,100       (101,637)
           Accounts payable ............................        96,311        197,096
           Accrued expenses ............................      (108,868)       (75,635)
                                                           -----------    -----------
     Net cash provided by operating activities .........       772,015        408,216
                                                           -----------    -----------
INVESTING ACTIVITIES -
     capital expenditures ..............................       (18,626)        (5,934)
                                                           -----------    -----------
FINANCING ACTIVITIES
     Proceeds from exercise of stock options ...........       687,283              0
     Payments on loans payable .........................             0        (44,582)
     Purchase of treasury stock ........................             0        (24,164)
                                                           -----------    -----------
     Net cash provided by (used in) financing activities       687,283        (68,746)
                                                           -----------    -----------
Net increase in cash and cash equivalents ..............     1,440,672        333,536
Cash and cash equivalents at the beginning of
   the period ..........................................     2,683,896      3,939,299
                                                           -----------    -----------
Cash and cash equivalents at the end of the period .....   $ 4,124,568    $ 4,272,835
                                                           ===========    ===========
</TABLE>

See Notes to Condensed Unaudited Financial Statements.


                               RF INDUSTRIES, LTD.
                     NOTES TO CONDENSED FINANCIAL STATEMENTS

Note 1 - Unaudited interim financial statements:

     The  accompanying   unaudited  condensed  financial  statements  have  been
     prepared in conformity with accounting principles generally accepted in the
     United  States of America for interim  financial  information  and with the
     instructions  to Form 10-QSB.  Accordingly,  they do not include all of the
     information  and  footnotes  required by  accounting  principles  generally
     accepted in the United States of America for complete financial statements.
     In the opinion of management,  the unaudited financial  information in this
     report  reflects  all  adjustments,  consisting  only of  normal  recurring
     accruals,  which are considered  necessary for a fair  presentation  of its
     financial position as of January 31, 2004 and its results of operations and
     cash flows for the periods  shown.  Operating  results for the  three-month
     period ended January 31, 2004 are not necessarily indicative of the results
     that may be expected for the year ending  October 31, 2004.  The  unaudited
     condensed  financial  statements  should  be read in  conjunction  with the
     financial statements and footnotes thereto included in the Company's annual
     report on Form 10-KSB for the year ended October 31, 2003.

Note 2 - Components of inventory

                                              January 31, 2004
                                             ------------------
                                                 (Unaudited)

               Raw material and supplies.........   $  675,280

               Finished goods ...................    2,865,335
                                                    ----------

                                   Totals .......   $3,540,615
                                                    ==========

Note 3 - Earnings per share:

     As  further  explained  in Note 1 of the  notes  to the  audited  financial
     statements  of the  Company,  included  in Form  10-KSB for the fiscal year
     ended  October 31, 2003,  basic  earnings per share is computed by dividing
     net earnings by the  weighted  average  number of common stock  outstanding
     during the period.  Diluted  earnings per share is computed by dividing net
     earnings by the weighted average number of shares of common stock increased
     by the effects of assuming that other potentially dilutive securities (such
     as stock options)  outstanding during the period had been exercised and the
     treasury stock method had been applied.

     The  following  table  summarizes  the  computation  of basic  and  diluted
     weighted average shares:

                                                        Three Months Ended
                                                             January 31
                                                            ------------
                                                         2004         2003
                                                        ------       -----
                                                      (Unaudited) (Unaudited)

     Weighted average shares outstanding for
        basic net earnings per share ...............   2,757,542   3,400,254

     Add effects  of potentially dilutive securities
        assumed exercise of stock options ..........     185,856     250,317
                                                       ---------    --------
     Weighted average shares for diluted net
        earnings per share .........................   2,943,398   3,650,571
                                                      ==========   =========

Note 4 - Segment Information

     The Company's  segments are described in Note 6 of the notes to the audited
     financial  statements of the Company included in Form 10-KSB for the fiscal
     year ended October 31, 2003.

     The Company had reported  segment  information in its previous  filings for
     the  operations  associated  with its  Connector,  Neulink  and  Bioconnect
     business  units in the same  format  as  reviewed  by the  Company's  chief
     operating  decision maker.  The sales,  operating  income and assets of the
     Neulink and Bioconnect  segments no longer meet the thresholds that require
     separate disclosures.  Accordingly,  the Company has discontinued reporting
     segment information on the Neulink and Bioconnect segments.

     Substantially  all of the Company's  operations are conducted in the United
     States;  however,  the Company derives a portion of its revenue from export
     sales.

Note 5 - Stock Option Plan

     A description of the Company's 2000 Stock Option Plan and other information
     related to stock  options are  included  in Note 8 in its Annual  Report on
     Form 10-KSB for the year ended October 31, 2003.

     The Company continues to measure compensation cost related to stock options
     issued to employees using the intrinsic method of accounting  prescribed by
     Accounting  Principles  Board  Opinion No. 25 ("APB 25"),  "Accounting  for
     Stock  Issued to  Employees".  The Company had adopted the  disclosure-only
     provisions of Statement of Financial  Accounting  Principles No. 123 ("SFAS
     123"), "Accounting for Stock-Based Compensation". Accordingly, no earned or
     unearned  compensation  cost was recognized in the  accompanying  condensed
     consolidated  financial  statements  for the stock  options  granted by the
     Company to its  employees  since all of those  options have been granted at
     exercise  prices that  equaled or exceeded  the market value at the date of
     grant.  The Company's  historical  net income and earnings per common share
     and pro forma net income and earnings per share assuming  compensation cost
     had  been  determined  based on the fair  value at the  grant  date for all
     awards by the Company  consistent  with the  provisions of SFAS 123 are set
     forth below:

                                                     Three Months Ended
                                                         January 31
                                                     --------------------
                                                       2004         2003
                                                     --------     -------
                                                   (Unaudited)   (Unaudited)

     Net income - as reported ..................   $  233,870   $   134,796
     Deduct total stock-based employee
         compensation expense determined under
         fair value-based method for all awards        66,608        74,416
                                                   ----------   -----------

     Net income - pro forma ....................   $  167,262   $    60,380
                                                   ==========   ===========
     Basic earnings per share - as reported ....   $      .08   $       .04
                                                   ==========   ===========
     Basic earnings per share - pro forma ......   $      .06   $       .02
                                                   ==========   ===========
     Diluted earnings per share - as reported ...   $     .08   $       .04
                                                   ==========   ===========
     Diluted earnings per share - pro forma ....   $      .06   $       .02
                                                   ==========   ===========

Item 2: Management's  discussion and analysis of financial condition and results
     of operations

     This report contains forward-looking statements. These statements relate to
     future events or the Company's future financial performance. In some cases,
     you can identify  forward-looking  statements by terminology such as "may,"
     "will," "should," "except," "plan,"  "anticipate,"  "believe,"  "estimate,"
     "predict,"  "potential" or "continue,"  the negative of such terms or other
     comparable  terminology.  These  statements  are only  predictions.  Actual
     events or results may differ materially.

     Although  the  Company  believes  that the  expectations  reflected  in the
     forward-looking  statements are  reasonable,  the Company cannot  guarantee
     future results, levels of activity, performance or achievements.  Moreover,
     neither the Company, nor any other person,  assumes  responsibility for the
     accuracy and completeness of the forward-looking statements. The Company is
     under no obligation to update any of the  forward-looking  statements after
     the  filing  of this  Quarterly  Report  on Form  10-QSB  to  conform  such
     statements to actual results or to changes in its expectations.

     The following  discussion  should be read in conjunction with the Company's
     financial statements and the related notes and other financial  information
     appearing  elsewhere  in this  Form  10-QSB.  Readers  are  also  urged  to
     carefully  review and consider the various  disclosures made by the Company
     which attempt to advise interested  parties of the factors which affect the
     Company's business, including without limitation the disclosures made under
     the caption  "Management's  Discussion and Analysis of Financial  Condition
     and Results of  Operations,"  under the  caption  "Risk  Factors,"  and the
     audited  financial  statements  and related notes included in the Company's
     Annual  Report filed on Form 10-KSB for the year ended October 31, 2003 and
     other reports and filings made with the Securities and Exchange Commission.


     CRITICAL ACCOUNTING POLICIES

     Our financial  statements  have been prepared in accordance with accounting
     principles  generally  accepted in the United  States.  The  preparation of
     these financial  statements  requires us to make significant  estimates and
     judgments  that  affect  the  reported  amounts  of  assets,   liabilities,
     revenues,   expenses  and  related  disclosure  of  contingent  assets  and
     liabilities.  We evaluate our  estimates,  including  those  related to bad
     debts,  inventories  and  contingencies  on an ongoing  basis.  We base our
     estimates on historical  experience and on various other  assumptions  that
     are believed to be reasonable under the circumstances, the results of which
     form the basis for making judgments about the carrying values of assets and
     liabilities  that are not  readily  apparent  from  other  sources.  Actual
     results may differ from these  estimates  under  different  assumptions  or
     conditions.  One of  the  accounting  policies  that  involves  significant
     judgments and estimates concerns our inventory  valuation.  Inventories are
     valued at the weighted  average cost value.  Certain items in the inventory
     may be  considered  obsolete or excess and, as such,  we may  establish  an
     allowance  to  reduce  the  carrying  value  of these  items  to their  net
     realizable value.  Based on estimates,  assumptions and judgments made from
     the  information  available at the time,  we determine the amounts of these
     allowances.  Inventories as of January 31, 2004 represented over 37% of our
     total assets.  As a result,  any reduction in the value of our  inventories
     would  require us to take  write-offs  that would  affect our net worth and
     future earnings.


     EXECUTIVE OVERVIEW

     RF Industries markets connectors and cables to numerous  industries for use
     in thousands of products,  primarily  for the  wireless  market  place.  In
     addition,  to a limited extend,  the Company also markets wireless products
     that  incorporate  connectors  and cables.  In the past, RF Industries  has
     reported  results of operations in three  segments  that, in general terms,
     defined the primary markets.  However,  since sales of connectors and cable
     assemblies  represent  over  90% of the  Company's  sales,  and  since  the
     operations  to all of the  Company's  smaller  business  units  effectively
     operate as subunits of the Company's  principal  business  unit,  effective
     November 1, 2003, RF Industries  will no longer report the results of these
     other, smaller business units as separate business segments.

     LIQUIDITY AND CAPITAL RESOURCES

     Management  believes that existing current assets and the amount of cash it
     anticipates it will generate from current  operations will be sufficient to
     fund the  anticipated  liquidity and capital  resource needs of the Company
     for at least twelve months.  The Company does not, however,  currently have
     any commercial banking arrangements  providing for loans, credit facilities
     or similar  matters should the Company need to obtain  additional  capital.
     Management  believes  that its existing  assets and the cash expected to be
     generated from operations will be sufficient during the current fiscal year
     and are based on the following:


     o    As of January 31, 2004,  the amount of cash and cash  equivalents  was
          equal to $ 4,125,000 in the aggregate.

     o    As of January 31, 2004, the Company had $ 9,095,000 in current assets,
          and only $ 498,000 of current liabilities.

     o    As of January 31, 2004,  the Company had no  outstanding  indebtedness
          (other than accounts payable and accrued expenses).

     The  Company  does not  believe it will need  material  additional  capital
     equipment in the next twelve months.  In the past, the Company has financed
     some of its property and equipment  requirements through capital leases. No
     additional capital equipment purchases have been currently  identified that
     would require significant  additional leasing or capital obligations during
     the  next  twelve  months.  Management  also  believes  that  based  on the
     Company's current financial condition, the absence of outstanding bank debt
     and recent  operating  results,  the  Company  would be able to obtain bank
     loans to finance its  expansion,  if  necessary,  although  there can be no
     assurance any bank loan would be  obtainable,  or if obtained,  would be on
     favorable terms or conditions.

     As of January 31, 2004,  the Company had a total of $ 4,125,000 of cash and
     cash  equivalents  compared  to a total  of $  2,684,000  of cash  and cash
     equivalents on October 31, 2003. The increase in cash and cash  equivalents
     is the result of $772,000 of net cash provided by operating activities, and
     $687,000 of cash received  from the issuance of the Company's  common stock
     upon the  exercise  of  outstanding  stock  options.  Net cash  provided by
     operating activities was the result of the net income the Company generated
     since  October 31, 2003 and the  $570,000  decrease  in  outstanding  trade
     accounts  receivable.  The decrease in trade accounts  receivable is due to
     the Company's  increased  collection  efforts and timing issues  related to
     calendar year-end payments made by the Company's customers.

     Net cash used in  investing  activities  of $ 18,600  for the three  months
     ended January 31, 2004 represented minor capital expenditures.

     As a  result  of  the  foregoing  factors,  the  Company's  cash  and  cash
     equivalents position increased by $1,440,700 during the past three months.

     RESULTS OF OPERATIONS

     Three Months 2004 vs. Three Months 2003

     Net sales, in the current fiscal quarter ended January 31, 2004,  increased
     5.3%,  or  $122,500,  to  $2,449,400  from  $2,326,900  in the first fiscal
     quarter  last  year,  due to  increased  demand  for the  connector,  cable
     assembly and wireless  products.  The increase in sales  reflects a general
     increase in demand for wireless  connectors and cable  products,  primarily
     for Wi-Fi network applications.  The Company believes this increase is due,
     in part, to a revival in some sectors of the  telecommunication  industries
     and the continuing increase in the demand for wireless products.

     Sales  of  RF  Connector  and  coaxial  cable  products  increased  19%  to
     $2,146,000,  an extremely encouraging  performance for what is typically RF
     Industries'  seasonally  weakest  quarter.  This  growth  was led by higher
     shipments  of new coaxial  connectors  and cable  assemblies  for Wi-Fi and
     telecom applications.

     Increased  sales of Bioconnect  products  helped offset lower sales for the
     Neulink product line.

     Cost of sales  increased 1%, or $12,300,  to $1,204,500  from $1,192,200 in
     the same quarter last year.  The increase is primarily  due to the increase
     in sales.  Overall gross margins, as a percentage of sales,  increased 2.1%
     compared  to the  first  quarter  of last  year  primarily  related  to the
     improvement in Connector's product mix during the quarter. In order to meet
     the changing demands of its customers,  the Company has been developing and
     selling new products that have a slightly higher gross margin.

     Bioconnect sales growth and benefits from  consolidating  the business with
     RF Connector  significantly  reduced the operating loss associated with the
     sales of the  Bioconnect  products to only  $17,000  for the quarter  ended
     January 31,  2004,  compared to a loss of $107,000 on this  product line in
     the first quarter last year.

     Engineering  expenses in the first quarter ended January 31, 2004 decreased
     41.9%,  or $83,200,  to $115,400  from  $198,600 in the first  quarter last
     year.  Engineering  expenses were higher last year primarily as a result of
     the additional expenses incurred to develop a new high-speed wireless radio
     modem to upgrade and  replace the  Company's  existing  RF9600  transceiver
     product line.

     Selling and general expenses  increased 4.9%, or $35,600,  to $759,400 from
     $723,800 in the same quarter last year.  Selling and general  expenses were
     higher in the first  quarter this year due primarily to increases in salary
     expenses and increased cost of insurance.

     MATERIAL CHANGES IN FINANCIAL CONDITION:

     Cash and cash equivalents  increased by $1,441,000 to $4,125,000 at January
     31, 2004 compared to  $2,684,000  at October 31, 2003.  The increase is due
     primarily to the cash provided by operating  activities and the exercise of
     employee stock options.

     Trade accounts  receivable at January 31, 2004 decreased 34.5%, or $587,600
     to $1,114,000  compared to the October 31, 2003 balance of $1,701,600.  The
     decrease  is due  primarily  to timing  of  collections  and the  Company's
     increased efforts to reduce its outstanding accounts receivable.

     Inventories at January 31, 2004 increased 2.5%, or $85,600,  to $3,540,600,
     compared  to  $3,455,000  on  October  31,  2003.  As part of its  business
     strategy,  and  because of its  offshore  manufacturing  arrangements,  the
     Company  normally  maintains a high level of inventory.  For the past year,
     the  Company's  improved  inventory  management  has enabled it to steadily
     reduce inventory levels. However, based on the recent increases in customer
     demand, the Company has added inventory to meet customer demand.

     Other current assets,  including  prepaid expenses and deposits,  increased
     $10,300 to $168,300,  from  $158,000 on October 31, 2003.  This increase is
     primarily  due to increased  insurance  costs,  prepaid in first quarter of
     each year.


     Item 3. Controls and Procedures.

     Based on an evaluation of the  effectiveness of the design and operation of
     the Company's disclosure controls and procedures pursuant to Rule 13a-14 of
     the  Securities  Exchange Act of 1934 as of January 31, 2004, the principal
     executive  officer and the principal  financial  officer concluded that the
     Company's  disclosure  controls  and  procedures  are  effective  in timely
     alerting them to material  information  relating to the Company's  periodic
     SEC filings.  There were no significant  changes in the Company's  internal
     controls on other factors that could  significantly  affect those  controls
     subsequent to the date of our most recent evaluation.


     PART II. OTHER INFORMATION

     Item 6. Exhibits and Reports on Form 8-K

         (a) Exhibits:

              31.1: Certification of Chief Executive Officer pursuant to Section
                    302 of the Sarbanes-Oxley Act of 2002.

              31.2: Certification   of  Chief  Financial   Officer  pursuant  to
                    Section 302 of the Sarbanes-Oxley Act of 2002.

              32.1: Certification  of Chief  Executive  Officer  pursuant  to 18
                    U.S.C.  Section 1350, as adopted  pursuant to Section 906 of
                    the Sarbanes-Oxley Act of 2002. *

              32.2: Certification  of Chief  Financial  Officer  pursuant  to 18
                    U.S.C.  Section 1350, as adopted  pursuant to Section 906 of
                    the Sarbanes-Oxley Act of 2002. *

               * Pursuant to Commission Release No. 33-8238,  this certification
               will be treated as  "accompanying"  this Quarterly Report of Form
               10-QSB and not  "filed" as part of such  report for  purposes  of
               Section 18 of the Securities Exchange Act of 1934, as amended, or
               otherwise   subject  to  the  liability  of  Section  18  of  the
               Securities   Exchange   Act  of  1934,   as  amended,   and  this
               certification  will not be deemed to be incorporated by reference
               into any filing under the Securities Act of 1933, as amended,  or
               the  Securities  Exchange Act of 1934, as amended,  except to the
               extent  that  the  registrant  specifically  incorporates  it  by
               reference.


                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                                RF INDUSTRIES, LTD.


      Dated: March 4, 2004                      By: /s/  Howard F. Hill
                                                ------------------------------
                                                Howard F. Hill, President
                                                Chief Executive Officer




      Dated: March 4, 2004                      By: /s/   Terrie A. Gross
                                                ------------------------------
                                                Terrie A. Gross
                                                Chief Financial Officer