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Press Release

Telephonics’ Presents VisionEdge™ Degraded Visual Environment Technology at the 2014 AAAA Summit

Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), presented its VisionEdge™ Degraded Visual Environment (DVE) sensor solution today at the 2014 Army Aviation Association of America’s (AAAA) Annual Meeting and Mission Solutions Summit in Nashville, Tennessee. VisionEdge addresses the life threatening challenges associated with degraded visual environment situations, enhancing the military aviator’s ability to maneuver through adverse weather conditions, hard-to-detect wires, and other flight path obstacles.

VisionEdge is a millimeter wave radar sensor that provides a constant, real-time image of the aircraft’s forward viewing area via a 3D visual display. With no moving parts, the small size, lightweight and low power consumption of VisionEdge enhances overall system reliability and easily integrates with a wide variety of fixed and rotary-wing aircraft platforms. Telephonics’ advanced Spatial Audio Positioning technology, when combined with VisionEdge, offers an added capability that provides aural cues and warnings directly to the pilot, heightening situational awareness.

VisionEdge is a commercial Enhanced Flight Vision System (EFVS) solution already in development at Telephonics, which can be leveraged by the U.S. Military, providing fiscal benefits in this constrained budgetary environment.

“Throughout my 20-year tenure as a military pilot, I frequently flew through dangerous weather conditions and other flight path obstacles that made it particularly difficult to complete missions effectively,” said Telephonics’ team member, retired Lt. Col. Jack Sullivan. “VisionEdge will alleviate the vast majority of those problems.”

Sharing in Mr. Sullivan’s enthusiasm, Telephonics’ President and Chief Executive Officer, Joseph J. Battaglia stated, “For decades, degraded visual environment-related conditions have caused significant loss to life and property in the military aviation community. Telephonics is proud to be developing this vital technology for the men and women who risk their lives during flight operations, enabling them to fly with greater confidence and focus on the critical missions at hand.”

To learn more about the VisionEdge DVE sensor and Spatial Audio Positioning technology, please visit us during AAAA at exhibit #2100, or contact the following Telephonics team members post event:

VisionEdge DVE Sensor Spatial Audio Positioning Technology

Tim Stow Al Scalone

Sr. Director, Program Management Sr. Director, Business Development

631-755-7059 631-755-7372

About Telephonics

Telephonics' high-technology engineering and manufacturing capabilities provide integrated information, communication and sensor system solutions to military and commercial markets worldwide. Telephonics specializes in aircraft intercommunication systems, wireless communication systems, radars, identification friend or foe products, integrated security systems, air traffic management systems, aerospace electronics, and the performance of threat and radar system analyses.

About Griffon Corporation

Griffon Corporation, headquartered in New York, N.Y., is a diversified management and holding company that conducts business through wholly-owned subsidiaries. The Company oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. The Company provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital to further diversify itself.

Forward-Looking Statements

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements other than statements of historical fact included in this release are forward-looking statements. Such forward-looking statements are based on the beliefs of the company’s management, as well as assumptions made by and information currently available to the company’s management. Actual results could differ materially from those contemplated by the forward-looking statements. Information concerning risks and uncertainties that may impact the company’s results and forward-looking statements are set forth in Griffon Corporation’s filings with the SEC. The company does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.

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Contact Info:

Lisa Ahrens, Sr. Manager Corporate Communications: 631-755-7785

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