National Press Release

HORSHAM, Pa., Nov. 14 /PRNewswire-FirstCall/ -- ORBIT/FR, Inc. (OTC Bulletin Board: ORFR), a leading producer of sophisticated, automated microwave test and measurement systems for the aerospace/defense, wireless communication, automotive, and satellite industries, today reported results for the three and nine month periods ended September 30, 2008.

The Company's revenues for the three months ended September 30, 2008 decreased approximately 27.7% to $6.0 million, from approximately $8.3 million for the three months ended September 30, 2007, but increased approximately 13.2% from $5.3 million for the three months ended June 30, 2008. The Company's gross margin for the three month period ended September 30, 2008 was 32.5% compared to 29.3%, and 28.8% for the three month periods ended September 30, 2007 and June 30, 2008, respectively. The Company's operating loss for the three months ended September 30, 2008 was $139,000, compared to operating income of $296,000 for the three months ended September 30, 2007, and an operating loss of $605,000 for the three months ended June 30, 2008. The Company's net loss for the three months ended September 30, 2008 was $230,000 (or $0.04 per basic and diluted common share), compared to a net income of $322,000 (or $0.05 per basic and diluted common share) recognized during the three months ended September 30, 2007, and compared to net loss of $1.7 million, inclusive of a $969,000 non-cash compensation charge coincident to a change in control, (or $0.28 per basic and diluted common share) for the three months ended June 30, 2008.

The Company's revenues for the nine months ended September 30, 2008 decreased approximately 21.4% to $17.3 million, from $22.0 million for the nine months ended September 30, 2007. The Company's gross margin for the nine months ended September 30, 2008 was 25.7% compared to 31.5% the nine months ended September 30, 2007. The Company's operating loss for the nine months ended September 30, 2008 was $1.9 million, compared to operating income of $643,000 for the nine months ended September 30, 2007. The Company's net loss for the nine months ended September 30, 2008 was $3.0 million, inclusive of a $969,000 non-cash compensation charge coincident to a change of control, (or $0.50 per basic and diluted common share), compared to a net income of $615,000 (or $0.10 per basic and diluted common share) recognized during the nine months ended September 30, 2007.

Except for historical information, the matters discussed in this news release may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the current intent, belief or expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements, including those regarding the ability to obtain new contracts, and future profitability involve a number of risks and uncertainties that could materially affect actual results. Such risks and uncertainties are identified in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2007 and Forms 10-Q. This press release, and all SEC filings are available at http://www.orbitfr.com

                                ORBIT/FR, Inc.

               UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
           (Amounts in thousands, except share and per share data)

                                    Three Months Ended       Nine Months Ended
                           September 30, June 30, September 30, September 30,
                                 2008      2008      2007      2008      2007

    Contract revenues           $5,973    $5,292    $8,302   $17,314   $22,020
    Cost of revenues             4,035     3,766     5,867    12,878    15,089
    Gross profit                 1,938     1,526     2,435     4,436     6,931
    Operating expenses:
      General and administrative   625       653       778     2,092     2,507
      Sales and marketing          868       949       928     2,646     2,610
      Research and development     584       529       433     1,586     1,171
    Total operating expenses     2,077     2,131     2,139     6,324     6,288
    Operating (loss) income       (139)     (605)      296    (1,888)      643
    Compensation charge
     coincident to change in
     control                        --      (969)       --      (969)       --
    Other (expense) income, net    (91)      (71)       99      (209)      207
    (Loss) income before
     income taxes                 (230)   (1,645)      395    (3,066)      850
    Income tax expense (benefit)    --        32        73       (66)      235
    Net (loss) income            $(230)  $(1,677)     $322   $(3,000)     $615
    Basic and diluted (loss)
     earnings per share         $(0.04)   $(0.28)    $0.05    $(0.50)    $0.10

    Weighted average number
      common shares-basic    6,001,573 6,001,573 6,001,573 6,001,573 6,001,573
      common shares-diluted  6,001,573 6,001,573 6,023,589 6,001,573 6,019,582

    Selected Financial Data          September 30,   December 31,
     (amounts in thousands)               2008           2007
    Cash and cash equivalents             $935         $2,214
    Working capital                      3,487          6,444
    Total liabilities, all current       9,765          8,297
    Stockholders' equity                 7,153          9,073

SOURCE ORBIT/FR, Inc.