The LGL Group Announces New Credit Facilities

The LGL Group, Inc. LGL announced that on June 30, 2011, the Company's wholly-owned subsidiaries M-tron Industries, Inc. and Piezo Technology Inc. closed on new credit facilities with J.P. Morgan Chase Bank, N.A., providing for aggregate borrowing availability of up to approximately $6.5 million. These new credit facilities replaced MtronPTI's credit facilities with First National Bank of Omaha.