Richardson Electronics and 3Rwave Sign Global Distribution Agreement

LaFox, IL, Thursday, March 8, 2018 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new global distribution agreement with 3Rwave Co. Ltd., a manufacturer specializing in microwave ferrite devices including isolators and circulators with frequency ranges up to 40 GHz and 20 kW. Effective January 9, 2018, the agreement aligns with both companies’ commitment to partnering with customers by providing the quality and volume to meet their needs.

Richardson Electronics is a global channel partner for RF and microwave components, power electronics, and world-class electron devices. As a global company, Richardson Electronics provides solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair.

“3Rwave’s products offer exceptional performance in leading very high frequency and very high power applications,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “The company also offers the expertise and problem-solving abilities needed for custom solutions. We look forward to bringing their devices to our customers around the world.”

Headquartered in Suwon, South Korea, 3Rwave’s products are primarily targeted to industrial medical and telecommunication manufacturers who are looking for reliable and cost-competitive isolators and circulators in mass production. 3Rwave meets these needs with a range of drop-in, SMT, coaxial and waveguide devices. Additionally, 3Rwave offers cavity filters for all LTE bands, with most of these filters designed to individual customer specifications.

3Rwave also offers custom solutions for military and space system applications, leveraging its deep engineering expertise, reliability testing and qualification program knowledge to meet customers’ specific needs.

Thanks to strong engineering experience in the design and manufacturing of ferrite devices, 3Rwave provides robust and reliable products that customers want, at competitive prices.

“Richardson Electronics’ established global infrastructure, history and leadership make them an important partner,” stated Yong-Ju Ban, President of 3Rwave. “We are pleased to work with their exceptional global support and specialized technical team.”

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, 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 Richardson Electronics – Power & Microwave Technologies

For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

About 3Rwave Co. Ltd.

3Rwave specializes in microwave ferrite devices such as isolators and circulators in various frequency ranges from 100 MHz to 40 GHz. Thanks to strong engineering experience in the design and manufacturing of ferrite devices, 3Rwave can provide robust and reliable products that customers want, at competitive prices. The invisible high technologies of 3Rwave are incorporated into microwave applications that help people live comfortable lives. The future will be completed with the cutting-edge technologies of 3Rwave. More information is available at www.3rwave.com.

Richardson Electronics and Junkosha Sign Distribution Agreement

LaFox, IL, Friday, March 2, 2018 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new distribution agreement with Junkosha USA, Inc., a leading manufacturer of high quality, ultra-high performance microwave cable assemblies. The agreement aligns with both companies’ commitment to providing unsurpassed value to customers.

Richardson Electronics is a global channel partner for RF and microwave components, power electronics, and world-class electron devices. As a global company, Richardson Electronics provides solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair.

“Since its inception, Junkosha’s innovative outlook has driven the company’s history of disruptive technologies and products,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “We look forward to bringing their ultra-high performance microwave cable assemblies to our customers in the Americas and Europe.”

Established in Japan in 1954, Junkosha’s products and technologies have been used in a wide range of applications, with exceptional advances in the wireless communication and telecommunications fields. In response to the development of advanced microwave and millimeter wave communication systems, Junkosha manufactures Phase Stable and Phase Matched microwave cable assemblies for applications up to 120GHz that provide outstanding reliability and performance that endures.

“Richardson Electronics’ established infrastructure and global sales and support teams make them a key partner for us as we look to expand sales in new territories,” stated Joe Rowan, President of Junkosha USA. “We look forward to a successful partnership.”

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, 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 Richardson Electronics – Power & Microwave Technologies

For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

About Junkosha USA, Inc.

Junkosha is known for its high-performance, phase-stable cables and cable assemblies to 110 GHz. With over 60 years of industry-leading experience, as well as all manufacturing in Japan, Junkosha effectively and proactively solves customers’ problems with fast responses, including typical delivery time within less than 2 weeks and ultra-high quality, high-performance, and high-durability products. In addition to their industry leads, Junkosha is known for making custom fluoropolymer (Teflon) dielectrics for the highest performance, and have such strong, established quality control that they have only seen 1 defective assembly in 3 years of shipments. More information is available at www.junkosha.co.jp.

Richardson Electronics Announces Date of Second Quarter Fiscal 2018 Conference Call

LAFOX, Ill., January 3, 2018 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its second quarter ended December 2, 2017, after the close of business on Wednesday, January 10, 2018. The release will be distributed by NASDAQ GlobeNewswire and will be available on the Company’s website at www.rell.com.

On Thursday, January 11, 2018, at 9:00 a.m. CST, 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 second quarter results for fiscal year 2018. A question and answer session will be included as part of the call’s agenda. To listen to the call, please dial (888) 419-5570 and enter passcode 65219458 approximately five minutes prior to the start of the call. A replay of the call will be available beginning at 12:00 a.m. CST on January 12, 2018, for seven days. The telephone numbers for the replay are (USA) (888) 286-8010 and (International) (617) 801-6888; passcode 64586305.

About Richardson Electronics

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; 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.

Richardson Healthcare Announces New Preferred Replacement Parts Program and CT Service Training at RSNA 2017

LaFox, Illinois – November 21, 2017… Richardson Healthcare, a Division of Richardson Electronics, Ltd. (NASDAQ: RELL), will launch its preferred partnership program, branded P3, and Philips CT service training at RSNA 2017. The 2017 Radiology Society of North America (RSNA) Annual Meeting is being held at McCormick Place, Chicago from November 26th – December 1st – Richardson Healthcare booth # 7913.

“Richardson has been serving the healthcare industry for 70 years, and is very committed to investing in high-value replacement components because we know they are critical to imaging service providers. The P3 program is another example of how we make alternative service a better choice,” said Pat Fitzgerald, Executive Vice President and General Manager of Richardson Healthcare.

P3 (Preferred Parts Partnership) allows customers to align our quality parts, inventory levels, 24/7 technical support, and service training programs with their business needs. This program enables service providers and hospitals to gain efficiency, control risk, and lower the overall cost of imaging service delivery.

There are two ways to partner with us through a P3 agreement: P3 Advantage is an exclusive supplier relationship that offers a single-source, reliable solution for replacement parts and technical support at preferred pricing. P3 Protect is a parts coverage contract that helps customers manage service risk with fixed monthly parts costs.

Our training courses have expanded from Toshiba CT to include Philips CT. As with our Toshiba courses, the Philips Brilliance CT system is staged at our training facility in Fort Mill, SC to support a two-week, hands-on curriculum. Engineers will learn how to conduct preventive maintenance, troubleshoot errors, and replace key components in the field.

In addition to launching our partnership program and training courses, other show highlights include:

  • New RF amplifier service to support our MRI customers;
  • Refurbished CT equipment to meet increasing demand for reliable, pre-owned CT systems;
  • QA3™-tested replacement parts for major brands of CT equipment via our International Medical Equipment and Service (IMES) brand;
  • A DR upgrade solution for migrating from analog or computed radiography to digital radiography.

To schedule a meeting with us at RSNA 2017, please contact us at healthcare@rell.com | 704.739.3597

About Richardson Healthcare – A Division of Richardson Electronics

Richardson Electronics Healthcare provides flexible, efficient high-value diagnostic imaging replacement parts, components, and technical support to hospitals, diagnostic imaging centers, medical institutions, independent service organizations and more. We have a focused product selection of diagnostic imaging components and displays, as well as robust in-house manufacturing capabilities. In addition, we provide CT Service training, complete post-sale service and support, including installation support, maintenance, troubleshooting, calibration and conformance. For more information, visit us at www.rellhealthcare.com.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; high value displays, flat panel 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 online at www.rell.com.Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Richardson Electronics Announces Date of First Quarter Fiscal 2018 Conference Call

LAFOX, Ill., October 4, 2017 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its first quarter ended September 2, 2017, after the close of business on Wednesday, October 11, 2017. The release will be distributed by NASDAQ GlobeNewswire and will be available on the Company’s website at www.rell.com.

On Thursday, October 12, 2017, at 9:00 a.m. CDT, 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 year 2018. A question and answer session will be included as part of the call’s agenda. To listen to the call, please dial (888) 419-5570 and enter passcode 51574534 approximately five minutes prior to the start of the call. A replay of the call will be available beginning at 12:00 a.m. CDT on October 13, 2017, for seven days. The telephone numbers for the replay are (USA) (888) 286-8010 and (International) (617) 801-6888; passcode 45382202.

About Richardson Electronics

 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; 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.

Richardson Electronics Announces Date of Fourth Quarter Fiscal 2017 Conference Call

 LAFOX, Ill., July 12, 2017 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its fourth quarter ended May 27, 2017, after the close of business on Wednesday, July 19, 2017. The release will be distributed by NASDAQ GlobeNewswire and will be available on the Company’s website at www.rell.com.

On Thursday, July 20, 2017, 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 fourth quarter and fiscal year 2017 results. A question and answer session will be included as part of the call’s agenda. To listen to the call, please dial (888) 419-5570 and enter passcode 85102131 approximately five minutes prior to the start of the call. A replay of the call will be available beginning at 12:00 a.m. CST on July 21, 2017, for seven days. The telephone numbers for the replay are (USA) (888) 286-8010 and (International) (617) 801-6888; passcode 33573773.

About Richardson Electronics

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; 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.

RICHARDSON ELECTRONICS SELLS ITS PACS DISPLAY BUSINESS TO DOUBLE BLACK IMAGING

LaFox, IL, May 25, 2017 – Richardson Electronics, Ltd. (NASDAQ: RELL) today announced the sale of its picture archiving and communication systems (“PACS”) Display business, including the Image Systems brand, to Double Black Imaging.

The Image Systems brand of diagnostic and clinical imaging displays has been recognized as an industry leading display brand for over 25 years. The Image Systems product portfolio includes 2MP, 3MP, 5MP, and 6MP color and grayscale displays. Included in the sale is Image Systems proprietary calibration software, known as CFS, which is designed to simplify the conformance and calibration of all Image Systems diagnostic and clinical use displays. This ensures DICOM® compliance and proper calibration throughout their life-cycle.

Double Black Imaging is a well-known, industry leading provider of PACS displays for the diagnostic and clinical display market. Double Black Imaging was launched in July of 2002.The company is privately held by the Lloyd family in Colorado and Minnesota.

“Double Black Imaging shares many of the same values as Richardson Electronics including our objective to help lower healthcare costs. We believe the combination of these two PACS display businesses creates a stronger competitive environment and will be good for our diagnostic display customers. At the same time, this sale allows Richardson Healthcare to focus on its key initiative to expand our line of CT and MRI tubes and high value replacement parts for the diagnostic imaging market,” said Edward J. Richardson, chairman and CEO of Richardson Electronics, Ltd.

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, 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.

FORWARD LOOKING STATEMENTS

This release includes certain “forward-looking” statements as defined by the Securities and Exchange Commission. Statements in this press release regarding the Company’s business which are not historical facts represent “forward-looking” statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Item 1A, “Risk Factors” in the Company’s 2016 Annual Report on Form 10-K. The Company assumes no responsibility to update the forward-looking statements in this release as a result of new information, future events, or otherwise.

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