Presentation on Wednesday, December 8 at 12:15 P.M. ET / 11:15 A.M. CT

LaFox, IL, December 2, 2021: Richardson Electronics, Ltd. (Nasdaq: RELL), announced today that it will be presenting and hosting one-on-one meetings at the Sidoti & Company Winter Virtual Micro Cap Investor Conference on Wednesday, December 8 and Thursday, December 9. Edward J. Richardson, Chairman and CEO of Richardson Electronics, Ltd., will be giving a formal presentation and answering questions from investors on Wednesday, December 8, 2021, at 12:15 p.m. ET/11:15 a.m. CT.

The company will discuss its fiscal year 2021 and provide a preliminary update on the second quarter and the first half of fiscal year 2022 which ended on November 27, 2021. The company will also update investors on its growth initiatives including its patented ULTRA3000^® Pitch Energy Module (PEM), an ultracapacitor-based plug and play replacement for batteries within GE wind turbine pitch systems and related solutions.

A replay of the presentation can be accessed live here for 90 days: https://sidoti.zoom.us/webinar/register/WN_Bl7VpxicSvmvOgzuDJBaBQ.

To register for the presentation or one-on-ones, visit www.sidoti.com/events. Registration is free and you don’t need to be a Sidoti client.

About Sidoti & Company

For over two decades, Sidoti & Company (http://www.sidoti.com)  has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America,

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 flat panel detector solutions, replacement parts, tubes and service training 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.

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 that 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 Annual Report on Form 10-K filed on August 2, 2021, and other reports we file with the Securities and Exchange Commission.  The Company assumes no responsibility to update the “forward-looking” statements in this release as a result of new information, future events or otherwise.

LaFox, IL, December 1, 2021 – Richardson Electronics, Ltd. (NASDAQ: RELL) will be exhibiting in-person at the CLEANPOWER event on December 7-8, 2021, at the Salt Palace Convention Center in Salt Lake City, UT. Their patented ultracapacitor-based pitch energy module, the ULTRA3000^®, will be on display during the show in booth #1518.

The ULTRA3000 is a proven technology for energy storage and power management within the wind turbine generator pitch system with over 2 million hours of operation in the field. These plug-and-play modules replace hazardous lead-acid batteries, are easy to install, reduce labor costs, and decrease downtime.

“We look forward to showcasing the ULTRA3000^® at what we expect will be a very engaging event,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “It’s an exciting time for us at Richardson as we continue to introduce ultracapacitor-based power management products to a rapidly evolving market.”

CLEANPOWER 2021 is the renewable energy industry’s premier event, bringing policy leaders, industry experts, and major players together for a week of learning, networking, and innovation.

Meet with the Richardson Electronics team at CLEANPOWER, booth #1518, to learn more about the show. To register, visit the CLEANPOWER registration page.

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 nearly 75 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.

LaFox, IL, November 16, 2021– Richardson Electronics, Ltd. (NASDAQ: RELL) announces the availability of AMOGREENTECH’s energy storage system solutions using lithium-iron-phosphate batteries.

AMOGREENTECH, a division of AMO GROUP, manufactures energy storage systems (ESS), including the new lithium-iron-phosphate (LiFePO4) batteries. The LiFePO4 is a safe battery option with a wide charge and discharge temperature range and a low risk for fire or explosion. Assembled in Korea and the USA, these LiFePO4 batteries are highly customizable and an excellent solution for any application requiring optimum energy storage and flexibility.

The benefits of AMOGREENTECH’s Energy Storage Systems include:

• High-efficiency discharge
• High energy density
• Wide effective state of charge (SOC) range
• Rapid charge to 80% capacity in 10 minutes
• Long-life
• Cycle life of +6,000
• Performance at low temperatures (including -30°C)
• On-time external monitoring by LCD monitor and SNMP port
• Safe system by alarm for overcharge / over-discharge & cutoff for each cell & whole system
• Low risk of fire or explosion
• Increased input and output current
• Effective utilization of space
• Free from harmful substances by using environment-friendly materials

“Due to their thermal and chemical stability, the LiFePO4 batteries are highly rated in safety and have a longer life cycle in comparison to other battery technologies currently on the market,” stated Richardson’s Greg Peloquin, Executive Vice-President, Power and Microwave Technologies Group. “AMOGREENTECH coupled with Richardson Electronics’ design capabilities will lead to further battery engineered solution products that will be designed, manufactured, and tested in our LaFox, Illinois manufacturing facility, and will further advance our power management product strategy.”

Richardson Electronics provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair on a global basis.

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 over 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.

LaFox, IL, October 27, 2021– Richardson Electronics, Ltd. (NASDAQ: RELL), announces a global distribution agreement with Wakefield Thermal Management products, expanding its range of heat sinks and related products for thermal management applications.

Wakefield Thermal Management has been in business since 1957, providing thermal solutions to a range of companies from international Fortune 50 companies to small and medium-sized businesses. Industries served include Power Conversion, Information Technology, Renewable Energy, Telecommunications, Transportation, Aerospace/Defense, LED Lighting, Factory Automation, Consumer, and Medical.

Wakefield Thermal manufactures a wide array of products, including thermal extrusions, LED heat sinks, heat frames and pipes, fans, heat exchangers, coolant distribution units, and liquid cold plates. Wakefield Thermal is unique in its ability to deliver the increasingly complex thermal solutions required to meet the thermal engineering challenges of today’s ever-higher electronics packaging densities.

“We are delighted to announce the partnership with Wakefield Thermal, a well-known brand in thermal management products,” stated Richardson’s Greg Peloquin, Executive Vice-President, Power and Microwave Technologies Group. “With its expansive selection of high-quality products, Wakefield’s thermal management solutions will add to our design-in capabilities for both the RF & Microwave and the Power & Energy markets.”

Richardson Electronics provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair on a global basis.

“Adding Richardson Electronics, Ltd. as an extension of the Wakefield Thermal Global Sales Channel will allow us to provide not only design assistance but global supply chain to its impressive customer base in power electronics,” stated Wakefield Thermal’s Robert Kennedy, President.“  “Richardson Electronics’ global sales force will be instrumental in growing its custom thermal solution business that is being driven by our rapid growth in NPI standard product off the shelf.”

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 over 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.

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 that are not historical facts represent “forward-looking” statements that involve risks and uncertainties. A wide variety of factors that may cause actual results to differ from the forward-looking statements include, but are not limited to, the following: whether the ’130 Patent will solidify the Company’s foothold in the wind turbine market in the future; whether the Company will be able to adapt the  technology underlying the ‘130 Patent to perform as intended; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; the effect of changing economic conditions; and changes in government regulations, tax rates and similar matters. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company’s disclosures. 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 Annual Report on Form 10-K filed on August 3, 2020, and other reports we file with the Securities and Exchange Commission.  The Company assumes no responsibility to update the “forward-looking” statements in this release as a result of new information, future events or otherwise.

LaFox, IL, October 22, 2021– Richardson Electronics, Ltd. (NASDAQ: RELL), announces a new global distribution agreement with Maury Microwave.

Since its founding in 1957, Maury Microwave has served as a trusted technology solutions partner to many of the world’s leading manufacturers in the wireless technology chain, including companies serving RF demand in defense, space, and commercial markets.

Maury’s comprehensive suite of solutions span frequencies from RF through terahertz and include calibration, measurement, modeling, and interconnect technologies. Its broad range of products covers a broad range of requirements from measurement and modeling device characterization solutions for semiconductor technology development to cable assemblies and adapters designed to reduce measurement uncertainties and deliver confidence in measurements and models.

“Maury’s history of continuous innovation and strong service mindset correlate with our strategy of bringing disruptive technologies to market. Our mutual customers can count on our unwavering commitment to performance, service, and innovation,” stated Richardson’s Greg Peloquin, Executive Vice-President, Power and Microwave Technologies Group

“Our partnership with Richardson Electronics will help empower us to support our customers with their test challenges,” said Steven Harris, Vice President, Sales at Maury Microwave.  “We look forward to this close collaboration and expanding our global reach for the benefit of the entire RF community.”

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 over 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.

Maury

Headquartered in Ontario, CA, Maury Microwave Corporation designs and manufactures state-of-the-art RF measurement and interconnect solutions that enable the world’s best wireless communication technologies and networks to get better, faster, and stronger. For more information, please visit www.maurymw.com.

LaFox, IL, Thursday, October 14, 2021 – Richardson Electronics, Ltd. (NASDAQ: RELL) is expanding into the European market with the patented ULTRA3000^® Series of ultracapacitor modules that are custom designed for energy storage and power delivery for wind turbine generators. This proven technology has been highly successful in the North American market, with over 2 million accumulated hours of operation in wind turbine pitch systems. Its patented plug-and-play design allows users to reduce installation time and labor cost and decrease downtime.

“The ULTRA3000^® is extremely well received by key wind farm owners/operators in North America. We are excited about the launch of this product into the European market, where green initiatives are rapidly increasing.  With our strong resources and infrastructure in Europe, we are able to immediately serve new and existing customers throughout Europe with this groundbreaking technology,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group.

Richardson Electronics will be exhibiting at the Key Energy – Renewable Energy Expo, stand D7-194.  The conference will take place October 26 through October 29, 2021, at the Rimini Expo Centre, Italy. Key Energy is an international exhibition and conference covering renewable energy, energy storage systems, energy efficiency, urban regeneration, sustainable mobility, lighting, and smart grids. A focus area is wind technology, including floating wind technology, components, solutions for revamping and re-powering existing parks, and operations and maintenance. The show is in collaboration with ANEV (Italy’s National Association of Wind Energy). Key Energy will showcase technologies, services, and integrated solutions that promote and accelerate the transition to a carbon-neutral economy – the main aim of the Green Deal, the strategic plan for sustainable growth launched by the European Union.

Meet with the Richardson Electronics team at the Key Energy Expo – stand D7-194.  To learn more about the show or to register, visit the Key Energy registration page.

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 nearly 75 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.

LaFox, IL, OCTOBER 6, 2021:  Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its first quarter ended August 28, 2021.  The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend.  View press release…

LaFox, IL, September 30, 2021: Richardson Electronics, Ltd. (Nasdaq: RELL), announced today that it will be presenting at the 14th annual LD Micro Main Event on Wednesday, October 13, 2021, at 10:30 a.m. PT/1:30 p.m. ET at the Luxe Sunset Bel-Air in Los Angeles. Edward J. Richardson, Chairman and CEO of Richardson Electronics, Ltd., will be giving the presentation and answering questions from investors.

The company will be discussing its fiscal year 2021 and first quarter fiscal year 2022 performance as well as highlighting its growth initiatives and launch of its patented ULTRA3000^® Pitch Energy Module (PEM), an ultracapacitor-based plug and play replacement for batteries within GE wind turbine pitch systems.

The 2021 LD Micro Main Event will be held from Tuesday, October 12th to Thursday, October 14th. The conference runs from 8:00 a.m. PT – 5:30 p.m. PT on the 12th and 13th with a morning session on the 14th. This three-day investor conference is expected to feature around 150 companies, presenting for 25 minutes each, as well as several influential keynotes in person. Register to watch the virtual presentation here.

For more information on the conference, please contact Dean@ldmicro.com

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 flat panel detector solutions, replacement parts, tubes and service training 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.

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 that 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 Annual Report on Form 10-K filed on August 2, 2021, and other reports we file with the Securities and Exchange Commission.  The Company assumes no responsibility to update the “forward-looking” statements in this release as a result of new information, future events or otherwise.

About LD Micro (NASDAQ: SRAX)

LD Micro aims to be the most crucial resource in the micro-cap world. Whether it is the index, comprehensive data, or hosting the most significant events on an annual basis, LD’s sole mission is to serve as an invaluable asset for all those interested in finding the next generation of great companies.

http://www.ldmicro.com

LAFOX, Ill., September 29, 2021 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its first quarter ended August 28, 2021 after the close of business on Wednesday, October 6, 2021. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com.

On Thursday, October 7, 2021, 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 fiscal year 2022 results. A question and answer session will be included as part of the call’s agenda.

Participant Instructions

To listen to the call, please dial (USA/CANADA) (866) 784-8065 or (International) (602) 563-8684 and enter Conference ID: 3584788 approximately five minutes before the start of the call. A replay of the call will be available beginning at 1:00 p.m. CDT on October 7, 2021, for seven days. The telephone number for the replay is (855) 859-2056; Conference ID: 3584788.

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 flat panel detector solutions, replacement parts, tubes and service training 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, Ltd. common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

LaFox, IL, September 14, 2021– Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for numerous applications including renewable energy, semiconductor wafer fabrication components, replacement parts and tubes for CT scanners and MRI equipment, and custom displays is pleased to announce it has retained SM Berger & Company, Inc. to lead its investor relations strategy.

Founded in 1984, SM Berger & Company has partnered with over 100 companies to develop and manage modern, integrated, and results-oriented investor relations and communications programs.  SM Berger & Company specializes in helping underfollowed small- and micro-cap companies across multiple industries engage with the capital markets.

“Over the past five years, we have focused on diversifying our business into high growth sectors including renewable energy, 5G, healthcare and the semiconductor markets.  We believe we are well positioned to create sustainable value for our shareholders as we benefit from continued sales growth and improving profitability,” stated Edward J. Richardson, Richardson Electronics CEO and Chairman. “SM Berger has the experience helping companies like ours effectively communicate complex strategies to capital market participants and expand our reach to new investors. With our strong balance sheet and steadily improving income statement, we are excited to have SM Berger help us communicate our success to the investment community.”

Andrew Berger, President of SM Berger & Company stated, “Richardson Electronics has done an excellent job leveraging its engineering resources and product development capabilities to take advantage of compelling trends underway across large and rapidly expanding markets.  For over 37 years, we have been helping businesses like Richardson Electronics navigate an increasingly complex capital market environment.  We look forward to providing our expertise and strategic counsel to support a results-oriented and proactive investor relations program that advocates for both the Company and its shareholders.”

SM Berger will oversee Richardson Electronics’ investor relations functions and serve as a key point of contact for shareholders.

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 SM Berger & Company, Inc.

As one of the nation’s oldest investor relations firms, SM Berger & Company, Inc. has helped over 100 small- and micro-cap companies develop and manage their investor relations programs, improve their communications, and increase their investor following.  Professional investors know SM Berger & Company for representing value-oriented, growth companies whose performance compares favorably to the Russell Microcap Index.

Forward Looking Statements

 This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended May 29, 2021, as filed with the Securities and Exchange Commission.