Orbit International Corp. to Report 2008 Second Quarter Results and Conduct Conference Call On Thursday, August 7th

The conference call will also be broadcast live over the Internet. To listen to the live call, please go to www.orbitintl.com and click on the Investor Relations section. Please go to the website at least 15 minutes early to register, and download and install any necessary audio software. If you are unable to listen live, the conference call will be archived and can be accessed for approximately 90 days at Orbit's website. We suggest listeners use Microsoft Explorer as their browser.

Business Update

Separately, management announced that it was verbally advised by its customer to provide support for the immediate development of several modifications to the Remote Control Units (RCU) that are currently under contract. Orbit is actively working together with its customer and directly with the U.S. Army to provide "out of scope", enhanced solutions that would extend the useful operational life of the RCU. This new request has shifted the delivery date of the RCUs originally scheduled for the second quarter to a later, yet to be determined date, resulting in lower than expected second quarter revenues and profitability. While EBITDA, as adjusted, should approximate breakeven, the Company is estimating a net loss of approximately $275,000 to $325,000 for the second quarter. As a result, the Company has amended its 2008 guidance, since it cannot predict with certainty when its customer or the U.S. Army will complete all RCU operational and environmental testing. The Company however, can report with certainty that once the "out of scope" testing is completed, its customer and the U.S. Army will require a revised milestone schedule requiring expedited deliveries of all units under contract.

The Company's backlog of RCUs approximating $2,100,000 at June 30, 2008 are fully assembled, tested and available to ship but will require those enhanced modifications prior to shipment. The Company expects additional purchase orders from its customer totaling approximately $2,600,000 under its previously negotiated Long Term Agreement (LTA) signed in September 2007. The Company is also completing negotiations for a new LTA with its customer that will provide for additional requirements for several RCU configurations, under which shipments would begin in 2009 and continue through 2011. Depending on quantity requirements, the new LTA would represent between approximately $4,500,000 and $9,000,000 of additional revenues for the Company.

Dennis Sunshine, President and Chief Executive Officer of Orbit International, commented, "RCUs are critical to the Common Transponder Program for U.S. Navy and U.S. Army requirements and we are confident that once the requested out of scope design enhancements are finalized, our Company will deliver all of the RCU units that have previously been completed, and ramp up production for the expedited delivery of all remaining units."

Sunshine continued, "It is unfortunate that several unforeseen enhanced modification requests that were totally beyond our control, have had a significant impact on the delivery of completed units that were available for shipment during the second quarter. However, the RCU modifications we are working on should ultimately provide our soldiers and sailors with enhanced capabilities that are critical in battlefield conditions."

Sunshine concluded, "Since our Company has extensive design expertise and has delivered in excess of 4,000 RCU units that are fully operational in support of critical combat missions in Iraq and Afghanistan, the U.S. Army and our customer continue to endorse and rely on our engineering resources for these new modifications. We believe that there continues to be great demand for these units and the RCUs will be an integral part of our business for the foreseeable future."

Amended Guidance

Due to the uncertainties related to the shipment of RCUs and the possible delay in the receipt of expected contracts for the Orbit Instrument Division and Tulip subsidiary, the Company is amending guidance for 2008. Despite the change in guidance, the Company believes its fundamental business remains intact and its positive long term outlook remains unchanged.

As a result of the matters disclosed above, 2008 guidance has been amended as follows: net sales of between $29,500,000 and $30,500,000, EBITDA, as adjusted, of between $2,600,000 and $3,000,000, net income in the range of $1,300,000 to $1,700,000 and diluted earnings per share in the range of $.27 to $.35.

Orbit International Corp., through its Electronics Group, is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York, Quakertown, Pennsylvania and Louisville, Kentucky. Its Power Group, through its Behlman Electronics, Inc. subsidiary manufactures and sells high quality commercial power units, AC power sources, frequency converters, uninterruptible power supplies and associated analytical equipment. The Behlman military division designs, manufactures and sells power units and electronic products for measurement and display.

Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, but not limited to, statements regarding any acquisition proposal and whether such proposal or a strategic alternative thereto may be considered or consummated; 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 including all guidance amounts, 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 filings with the Securities and Exchange Commission including quarterly reports on Form 10-Q, current reports on Form 8-K, annual reports on Form 10-K and its other periodic reports and its registration statement on Form S-3 containing a final prospectus dated January 11, 2006. 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.

CONTACT:  Orbit International Corp.
          Mitchell Binder, Executive Vice President
          631-435-8300

          The Equity Group Inc.
          Investor Relations Counsel
          Lena Cati
            212-836-9611
          Linda Latman
            212-836-9609