Richardson Electronics Reports First Quarter Fiscal 2016 Results and Declares Quarterly Cash Dividend

LaFox, IL, Wednesday, September 30, 2015: Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its first quarter 2016, after the close of businesson Wednesday, October 7, 2015. The release will be distributed by Business Wire and will be available on the Company’s website at www.rell.com.

On Thursday, October 8, 2015, at 9:00 a.m. CT, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company’s first quarter results for fiscal 2016. A question and answer session will be included as part of the call’s agenda. To listen to the call, please dial (888) 339-2688 and enter passcode 20539434 approximately five minutes prior to the start of the call. A replay of the call will be available beginning at 12:00 a.m. CT on October 9, 2015, for seven days. The telephone numbers for the replay are (USA) (888) 286-8010 and (International) (617) 801-6888; passcode 60014595.

ABOUT RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQGlobal Select Market under the ticker symbol RELL.

LaFox, IL, Tuesday, September 29, 2015 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new global distribution agreement with Anokiwave, a provider of highly-integrated silicon core chips and III-V front-end integrated circuits (“ICs”). The agreement aligns with Anokiwave’s focus on supporting customers and new opportunities with highly-technical support to provide innovative solutions for the most challenging applications.

Anokiwave is a leading provider of highly-integrated core chip and IC solutions that enables emerging millimeter-wave and Active Electronically Scanned Array (AESA) markets.

Richardson Electronics is a global channel partner for world-class electron devices, power electronics, and RF & microwave components.

“Pioneering the millimeter-wave revolution with new and disruptive technology, Anokiwave develops highly-integrated silicon core chips and compound semiconductor ICs for next generation markets,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “Our global, highly-technical sales team is eager and excited to promote these new products and technologies to key customers, identify new opportunities and gain design wins.”

“This agreement significantly strengthens the technical support we can provide to customers and increases our reach to promote our new products and technology,” stated Robert Donahue, CEO of Anokiwave. “Richardson Electronics’ extensive global network of sales engineers will help customers select the best-fit products for next generation millimeter-wave systems.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Anokiwave

Anokiwave is a cutting edge provider of highly-integrated core chip solutions that enables emerging mm-Wave and AESA markets. Anokiwave’s creative system architectures and optimal selection of semiconductor technologies solve the toughest engineering problems. Anokiwave is based in San Diego, California and operates design centers in Phoenix, Arizona and Boston, Massachusetts. More information is available at www.anokiwave.com.

Expands accessibility and technical support for microwave components and test subsystems

LaFox, IL, Monday, August 24, 2015 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new global distribution agreement with Shanghai Huaxiang Computer Communication Engineering Co., Ltd. (SHX), a leading supplier of microwave components and microwave test subsystems. The agreement aligns with both companies’ focus on developing and promoting new, innovative products and technologies to customers worldwide.

Founded in 1993 in Shanghai, China, SHX develops high-quality coaxial fixed attenuators and terminations; microwave test subsystems; phase shifters; directional couplers; coaxial switches and detectors; bias tees; power providers and combiners; circulators and isolators; high-power resistors; and variable, step and programmable attenuators.

Founded in 1947, Richardson Electronics is a global channel partner for world-class electron devices, power electronics, and RF & microwave components.

“Based on a strong dedication to technical innovation, SHX has been awarded multiple national patents, including attenuators, terminations, directional couplers and coaxial switches,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “SHX’s desire to develop new, high-quality products enables our field sales engineers to continuously identify the best product solution for our customers’ applications.”

“Richardson Electronics allows SHX to expand accessibility of our products and maintain our key philosophy of providing the best technical service to meet customers’ demands,” stated David Dai, Vice General Manager, SHX. “Richardson’s highly technical sales team ensures our latest products and technologies reach customers and ideally suit their needs.”

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About SHX

Founded in 1993 in Shanghai, China, Shanghai Huaxiang Computer Communication Engineering Co., Ltd. (SHX) is a high-tech enterprise proficient in designing, manufacturing, marketing and selling RF & microwave components & microwave subsystems for satellite and ground communications, cell telephone testing, radar, microwave communication, science research, broadcast & television area etc. The main products include coaxial fixed attenuators/terminations, variable & step attenuators, programmable attenuators, microwave test subsystems, mismatched terminations, phase shifters, directional couplers, coaxial switches, power meters, coaxial detectors, bias tee, power providers/combiners, circulators/isolators, high power resistors and test accessories.

LaFox, IL, Wednesday, August 12, 2015 – Richardson Electronics, Ltd. (NASDAQ: RELL) announces today its sponsorship and participation at the 15th International Conference on Microwave and High Frequency Heating (AMPERE 2015). The Association for Microwave Power in Europe for Research and Education (AMPERE) is a European non-profit association devoted to the promotion of microwave and radio frequency heating techniques for research and industrial applications. The association has worldwide membership comprised of industrialists, academics and consultants.

Where

Cracow University of Technology
Kraków, Poland

When

14-17 September 2015

What

As a sponsor and exhibitor, Richardson Electronics Power & Microwave Technologies will feature its capabilities in developing unique, user-specific continuous wave (CW) Microwave & RF solutions, including:

• Turnkey microwave generator systems,
• Tuners,
• CW and pulse magnetrons,
• Waveguide components,
• Capacitors,
• Semiconductors, and
• RF coils and matches.

The company’s in-house coil manufacturing and testing capabilities enable strict quality control and repeatability, resulting in faster lead times and competitive pricing.

Richardson Electronics sales engineers and technical specialists will be at the booth, offering support and solutions for attendees’ design challenges and issues for systems operating at a kilohertz through gigahertz with power capabilities from a few watts to megawatts of power.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.
Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.
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For Details Contact:

Julie Teinert
Director, Strategic Marketing
Phone: (469) 344-8812
jteinert@rell.com
rellpower.com
40W267 Keslinger Road
PO BOX 393
LaFox, IL 60147-0393 USA
(630) 208-2200 | Fax:(630) 208-2550

Richardson Electronics, Ltd. (NASDAQ: RELL) today announced the election of Robert (“Bob”) J. Ben as its Executive Vice President, Chief Financial Officer and Corporate Secretary. He will report directly to Edward J. Richardson, Chairman of the Board and Chief Executive Officer.

“We are extremely pleased to have Bob join our senior management team. Bob’s work experience gives him the right blend of publicly traded company financial experience, international exposure, work ethic and attitude to be an immediate contributor to the Company,” said Mr. Richardson.
“We look forward to his participation in achieving the objectives set out in our growth strategy.” Mr. Ben spent the past 15 years with Cobra Electronics Corporation (“Cobra”) until its acquisition in 2014 by a private equity firm. Cobra is a designer and marketer of two-way mobile communications and mobile navigation products in the United States, Canada and Europe. Mr. Ben was most recently its Senior Vice President, Chief Financial Officer and Secretary. Prior to joining Cobra, Mr. Ben worked for Ivex Packaging Corporation and Abbott Laboratories as well as KPMG in Mergers and Acquisitions and for Ernst & Young as an auditor.

Mr. Ben received an MBA in Finance and Economics from the University of Chicago in 1995, and earned h

is undergraduate degree in Accounting from the University of Illinois in 1986. He received his certificate of public accountancy in 1986 and is a registered Certified Public Accountant in the state of Illinois . “Richardson Electronics is a distinguished company with a very rich history and I am looking forward to working with Ed Richardson and the entire team to implement its strategic growth plans,” commented Mr. Ben.

ABOUT RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Leverages global technical sales team to help advance capacitor technology for new applications

LaFox, IL, Wednesday, August 5, 2015 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new global distribution agreement with Cornell Dubilier Electronics (CDE), a manufacturer of quality, high-performance capacitors used in demanding industrial applications. The agreement aligns with CDE’s efforts to advance capacitor technology for new applications, with Richardson Electronics’ global sales team supporting these new opportunities.

Founded in 1909 and now a leading manufacturer of capacitors for the power electronics market, CDE has been dedicated to advancing capacitor technology for new applications, including wind and solar power, electric vehicles, aerospace and telecom. Today it serves more than 35,000 customers.

Richardson Electronics is a global channel partner for world-class electron devices, power electronics, and RF & microwave components.

“We are pleased to partner with Cornell Dubilier, an industry leader with a rich history of providing high-performance capacitors,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “CDE continues to develop and produce unique capacitor solutions for next generation applications that align well with our focus markets and enables the discovery of new opportunities with customers worldwide.”

“Richardson Electronics compliments CDE’s strategy for identifying new customers that are designing applications using innovative technologies,” stated Sam Read, Global Sales Manager of CDE. “Richardson’s technical sales team helps develop solutions and provides exceptional global support—making them an ideal partner.”

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Cornell Dubilier Electronics

Since its founding in 1909, Cornell Dubilier has been dedicated to advancing capacitor technology for new applications. The global company combines innovative products with engineering expertise to provide reliable solutions for inverters, wind and solar power, electric vehicles, power supplies, motor drives, HVAC, motors, welding, aerospace, telecom, and UPS systems. Cornell Dubilier has ISO-9001 certified manufacturing and distribution facilities in Liberty, SC; New Bedford, MA; Mexicali, Mexico and Shanghai, China.

RICHARDSON ELECTRONICS REPORTS FOURTH QUARTER AND FISCAL 2015 RESULTS AND DECLARES QUARTERLY CASH DIVIDEND