Technical Communications Corporation Reports Results for the Second Fiscal Quarter Ended March 28, 2009

Business Wire, May 01, 2009

CONCORD, Mass. -- Technical Communications Corporation (OTC BB: TCCO.OB) today announced its results for its second fiscal quarter ended March 28, 2009. For the second quarter of the Company’s 2009 fiscal year, the Company reported net income of $225,000 or $0.16 per share, on revenue of $2,056,000, as compared to net income of $210,000, or $0.15 per share, on revenue of $1,659,000 for the quarter ended March 29, 2008. For the six months ended March 28, 2009, the Company reported net income of $431,000, or $0.30 per share, on revenue of $3,900,000 as compared to net income of $962,000, or $0.69 per share, on revenue of $3,948,000 for the six months ended March 29, 2008.

Commenting on corporate performance, Mr. Carl H. Guild, Jr., President and Chief Executive Officer of TCC said, “We are very pleased with this quarter’s financial performance which showed a 23% revenue growth and a 7% net income growth when compared with the second quarter of fiscal 2008. This financial improvement was achieved while absorbing a planned significant increase in internal product development investment of $144,000 (47%) as compared to the same period in fiscal 2008. TCC will continue on its plan to expand product capabilities and market applications through new and innovative encryption solutions which can be integrated or imbedded into radio, fiber optic and satellite networks. We expect that the increased level of technology investment will continue at approximately the current rate through the balance of FY 2009 and into FY 2010. TCC’s quarter ending backlog remains strong at $7,170,000 and we expect these products and services to be delivered during 2009 and 2010.”

About Technical Communications Corporation

TCC designs, manufactures, and supports superior grade secure communications systems that protect highly sensitive information transmitted over a wide range of data, voice and fax networks. TCC’s security solutions protect information privacy on every continent in over 110 countries. Government agencies, militaries, financial institutions, telecommunications carriers and multinational corporations worldwide rely on TCC to protect their communications networks.

Statements made in this press release, including any discussion of our anticipated operating results, financial condition and earnings, including statements about the Company’s ability to achieve and sustain growth and profitability and expand product lines and market share, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, identified by the use of such terms as “anticipates,” “believes,” “expects,” “may,” “plans” and “estimates,” among others, involve known and unknown risks. The Company’s results may differ significantly from the results expressed or implied by such forward-looking statements. The Company’s results may be affected by many factors, including but not limited to future changes in export laws or regulations, changes in technology, the effect of foreign political unrest, the ability to hire, retain and motivate technical, management and sales personnel, the risks associated with the technical feasibility and market acceptance of new products, changes in telecommunications protocols, the effects of changing costs, exchange rates and interest rates, and the Company's ability to secure adequate capital resources. These and other risks are detailed from time to time in the Company’s filings with the Securities and Exchange Commission, including the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended December 27, 2008 and the Company’s Annual Report on Form 10-K for the fiscal year ended September 27, 2008.

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