Exhibit
      14.1





Code
      of
      Ethics





A
      goal of
      Porta Systems Corp. and its subsidiaries is to promote professional and ethical
      conduct with respect to its business practices worldwide. This policy provides
      ethical standards to which all of our executive officers, including our
      principal executive, financial and accounting officers, our directors, our
      financial managers and all employees are expected to adhere and promote
      regarding individual and peer responsibilities, and responsibilities to other
      employees, the Company, the public and other stakeholders.





Our
      Policy is to:





|(1) | comply
              with laws and regulations of applicable national, state, and local
              governments and regulatory agencies;
|--- | ------------------------------------------------------------------------------------------------------------------------------------------




|(2) | prepare
              and develop all information and data in a manner that facilitates full,
              fair, accurate, complete, timely and understandable and relevant
              disclosure in reports and documents that we file with, or submit to,
              the
              Securities and Exchange Commission and any other government agencies
              or
              use in other public communications;
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




|(3) | act
              with honesty and integrity, avoid actual or apparent conflicts of interest
              between our personal and professional
              relationships;
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------




|(4) | act
              in good faith, responsibly, with due care, competence and thoroughness,
              without misrepresenting material facts or allowing independent,
              professional judgment to be subordinated;
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|(5) | maintain
              the confidentiality of information acquired, except when authorized
              or
              otherwise legally obligated to disclose such information and refrain
              from
              using confidential information acquired for personal
              advantage;
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




|(6) | share
              knowledge and maintain skills important and relevant to the needs of
              us
              and our employees;
|--- | ------------------------------------------------------------------------------------------------------------------------------------------




|(7) | proactively
              promote ethical behavior as a responsible professional among peers
              and
              business community; and
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------




|(8) | exercise
              responsible use of and control over all our assets and resources.
|--- | ----------------------------------------------------------------------------------------




We
      are
      committed to complying with both the letter and the spirit of all applicable
      laws, rules and regulations. Any information you may have concerning any
      violation of this Code of Ethics should be brought to the attention of the
      Audit
      Committee. The Board of Directors may determine, or designate appropriate
      persons to determine, appropriate additional disciplinary or other actions
      to be
      taken in the event of violations of this Code of Ethics.





If
      you
      provide information to the Audit Committee, it will be treated in confidence.
      Communications to the Audit Committee should be sent to the attention of Mr.
      Herbert H. Feldman, c/o Porta Systems Corp., 6851 Jericho Turnpike, Suite 170,
      Syosset, NY 11791.





Dated:
      March 24, 2004