U.S. Navy Order

$1,450,000 Order Received

Tel-Instrument Electronics Corp Receives $1,450,000 Order

Carlstadt, NJ–February 13, 2003 –Tel-Instrument Electronics Corp announced that the U.S. Navy exercised the remaining options under the contract for the AN/APM-480 with a value of approximately $1,450,000. The Company has now received orders for all 1,300 units. The Company has shipped 863 units under this contract through December 31, 2002 and expects shipments under this contract to continue until sometime in the fourth quarter of calendar year 2003.

The Company continues to invest heavily in new product development to meet the expected demands of its customers and remain one of the leaders in the industry. The Company continues its work on the next generation of IFF Test Sets in anticipation of U.S. and NATO requirements for more sophisticated IFF testing and believes that most of the AN/APM-480’s, previously sold by it, will need to be upgraded in the future to accommodate this more sophisticated IFF testing. The Company recently introduced the TR-220, a Multi-Function Ramp Test Set and the T-36C Nav/Comm Ramp Test Set, into the commercial market. The T-47S and the T-47G Multi-Function ramp testers were introduced into the military market. The Company also continues development of a new bench test set.

The Company will file its report on Form 10-Q for its third fiscal quarter ending December 31, 2002 with the Securities and Exchange Commission later this week.

Tel-Instrument is a leading designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government/military aerospace and defense markets. Tel-Instrument provides instruments to test, measure, calibrate and repair a wide range of airborne navigation and communication equipment. For further information please visit our website at www.telinstrument.com.

The Company’s stock is traded in the NASDAQ System under the symbol TINE.

Contact: Mr. Joseph P. Macaluso

201-933-1600