Hauppauge, New York, October 7, 2020– Orbit International Corp. (OTC PINK:ORBT), an electronics
manufacturer and software solution provider, today announced that bookings for its Power Group (“OPG”),
through its Behlman Electronics, Inc subsidiary, were approximately $3,400,000 for the third quarter of 2020.
Third quarter bookings for its OPG were highlighted by an approximately $1,790,000 previously announced
order for its COTS division for power supplies used on an armament test system program. Other orders
received during the quarter for the OPG consisted primarily of VPX power supplies and other COTS and
commercial power supplies. Deliveries for certain of these orders have already commenced and are expected
to continue through the first quarter of 2022.
Mitchell Binder, President and CEO of Orbit International commented, “As previously mentioned, the large
award for power supplies used on an armament test system has Behlman returning to its role as a subcontractor
on the program which should generate revenue with closer to our historical gross margins for this segment. In
addition, bookings for its VPX products were firm during the quarter but it appears the pandemic has continued
to slow much of the testing that is required on many of the new opportunities that this technology is being used
thus delaying some anticipated awards into the fourth quarter and possibly into 2021. However, we believe
that we continue to be at the forefront of this technology and based on our discussions with our VPX customers,
we remain confident about our future VPX business opportunities and expect new preproduction and
production awards, although the timing of such awards is an uncertainty.”
Binder added, “In addition to its defense related work, our OPG also provides power supplies for oil and gas
exploration and test and measurement applications. This part of our business has been relatively weak since
the beginning of the pandemic and may remain weak until the economy begins to fully recover. In addition,
management implemented certain procedures to protect the health of our employees, which has had an impact
on efficiencies in our production lines, particularly in the second quarter. Nevertheless, our production lines
returned to normal for most of the third quarter that was just completed and assuming no unforeseen events
from a situation that continues to evolve, including the possibility of another disruption caused by a second
wave of the pandemic, we expect our normal production schedules to continue as we meet our delivery
schedules to support our customers’ needs.” Orbit International Corp., through its Electronics Group including
its new Q-Vio subsidiary, is involved in the
development and manufacture of custom electronic device and subsystem solutions for military, industrial and
commercial applications through its production facility in Hauppauge, New York. Orbit’s Power Group, also
located in Hauppauge, NY, designs and manufactures a wide array of power products including AC power
supplies, frequency converters, inverters, VME/VPX power supplies as well as various COTS power sources.
On March 11, 2020, the World Health Organization declared the novel strain of coronavirus (COVID-19) a
global pandemic and recommended containment and mitigation measures worldwide. The Company was
classified as an essential business by New York State and therefore was exempt from the state’s mandate that
all non-essential businesses close their business locations until further notice. In addition, as a member of the
Defense Industrial Base (“DIB”), the Company is mandated by the Secretary of Defense to continue to provide
the essential products and services required to meet national security commitments to the Federal Government
and the U.S. Military. The Company remains open while following guidance from the Centers for Disease
Control (“CDC”) to best protect our employees. At this time, the length and severity of the COVID-19
pandemic is still unknown.
Certain matters discussed in this news release and oral statements made from time to time by representatives
of the Company including, statements regarding our expectations of Orbit’s operating plans, deliveries under
contracts and strategies generally; statements regarding our expectations of the performance of our business;
expectations regarding costs and revenues, future operating results, additional orders, future business
opportunities and continued growth, may constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit believes that
the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can
give no assurance that its expectations will be achieved.
Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results
to differ materially from those projected. Many of these factors are beyond Orbit International’s ability to
control or predict. Important factors that may cause actual results to differ materially and that could impact
Orbit International and the statements contained in this news release can be found in Orbit’s reports posted
with the OTC Disclosure and News service. For forward-looking statements in this news release, Orbit claims
the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation
Reform Act of 1995. Orbit assumes no obligation to update or supplement any forward-looking statements
whether as a result of new information, future events or otherwise.

David Goldman
Chief Financial Officer