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ORBIT/FR Announces Intention to Deregister Its Common Stock

HORSHAM, Pa. May 23, 2012 $0.01 May 30, 2012

We believe that the deregistration, and the related suspension of reporting obligations, will reduce operating costs and will allow the Company to focus on protecting and increasing stockholder value over the long-term and to compete more effectively in the marketplace. In connection with the deregistration, effective immediately following the filing of deregistration forms with the Securities and Exchange Commission, the Company’s common stock will no longer be eligible for quotation on the OTC Bulletin Board. Following deregistration, we expect to list our common stock for trade on the Pink Sheets and we expect to continue to make certain financial information available to the public on a quarterly basis.

December 31, 2011


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