Press Release

3/13/2013 - Telephonics Corporation (Telephonics), a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), announced today that its Mobile Surveillance Capability (MSC) was named the Platinum Winner in the Best Integrated Perimeter Protection System category at the Annual Border Security Awards Competition by Government Security News.

The MSC truck is currently on display at the Border Security Expo in Phoenix, AZ. It was assessed for this award based on the successful integration and demonstration of multiple sensors using intuitive, user-friendly mission control and monitoring software. The integrated sensor suite includes a long-range ground moving target indicator radar, day and night cameras, laser range-finder, and other operational and self-protection sensors. The Telephonics system was selected because it affords border agents with an unprecedented surveillance capability for large areas providing detection, tracking, and identification of items of interest at safe distances during the day, at night, and in adverse weather, in one easy to set up and deployable vehicle.

“Telephonics is honored to be chosen for this award,” said Mr. Kevin McSweeney, Chief Operating Officer of Telephonics Corporation. “We view this as affirmation that we are delivering the very best capabilities for our Border Agents who have the difficult and dangerous job of securing our nation’s borders. We are proud that the hard work and dedication of our entire organization has delivered the best possible solution.”

About Telephonics
Telephonics' high-technology engineering and manufacturing capabilities provide integrated information, communication and sensor system solutions to military and commercial markets worldwide. Telephonics specializes in aircraft intercommunication systems, wireless communication systems, radars, identification friend or foe products, integrated security systems, air traffic management systems, aerospace electronics, and the performance of threat and radar system analyses.

About Griffon Corporation
Griffon Corporation (the “Company” or “Griffon”), headquartered in New York, N.Y., is a diversified management and holding company that conducts business through wholly-owned subsidiaries. The Company oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. The Company provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital to further diversify itself.

Forward-Looking Statements
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements other than statements of historical fact included in this release are forward-looking statements. Such forward-looking statements are based on the beliefs of the company’s management, as well as assumptions made by and information currently available to the company’s management. Actual results could differ materially from those contemplated by the forward-looking statements. Information concerning risks and uncertainties that may impact the company’s results and forward-looking statements are set forth in Griffon Corporation’s filings with the SEC. The company does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.