As previously disclosed, on August 3, 2018, Blonder Tongue Laboratories, Inc. (the “ Company ”) entered into an Agreement of Sale (the “ Sale Agreement ”) with Jake Brown Rd LLC (the “ Buyer ”), providing for the sale by the Company of its Old Bridge, New Jersey facility (the “ Old Bridge Facility ”), which houses the Company’s principal manufacturing, engineering, sales and administrative functions, to the Buyer. One of the conditions to the completion of the transactions contemplated by the Sale Agreement is Buyer’s completion of certain due diligence matters. Buyer has requested, and the Company has agreed, to extend the due diligence period under the Sale Agreement (the “ Extension ”) until the close of business on October 4, 2018.

The foregoing description of the Extension is qualified in its entirety by reference to the letter agreement acknowledging the Extension, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

“Safe Harbor” Statement

The information set forth above includes “forward-looking” statements and accordingly, the cautionary statements contained in Blonder Tongue's Annual Report and Form 10-K for the year ended December 31, 2017 (See Item 1: Business, Item 1A: Risk Factors, Item 3: Legal Proceedings and Item 7: Management's Discussion and Analysis of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words “believe”, “expect”, “anticipate”, “project”, “target”, “intend”, “plan”, “seek”, “estimate”, “endeavor”, “should”, “could”, “may” and similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to projections for our future financial performance, our anticipated growth trends, if any, in our business, our expected use of the proceeds of the transactions described herein and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. Blonder Tongue undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Blonder Tongue's actual results may differ from the anticipated results or other expectations expressed in Blonder Tongue's “forward-looking” statements.