Frequency Electronics, Inc. Announces Resignation of Martin B. Bloch from Board of Directors
September 14, 2020 at 04:17 pm EDT
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On September 11, 2020, Martin B. Bloch delivered a letter to the Board of Directors of Frequency Electronics, Inc. informed the Board of his decision to resign from the Board effective immediately. Mr. Bloch was not a member of any committee of the Board at the time of his resignation, and Mr. Bloch’s term as a director was set to expire at the 2020 annual meeting of stockholders scheduled for October 7, 2020, as the Board did not re-nominate Mr. Bloch for election.
Frequency Electronics, Inc. is engaged in the design, development and manufacture of precision timing, frequency generation and radio frequency control products for space and terrestrial applications. The Company operates through two segments: FEI-NY and FEI-Zyfer. FEI-NY segment provides precision time, frequency generation and synchronization products and subsystems that are found on-board satellites, in ground-based communication systems and imbedded in mobile platforms operated by the United States military. FEI-Zyfer designs, develops, and manufactures products which provide Precision Navigation and Timing (PNT), primarily incorporating Global Navigation Satellite System(s) technology. FEI-Zyfers products make use of both in-the-clear civil and crypto-secured military signals for global positioning systems (GPS). FEI-Zyfers products are integrated into radar systems, information networks, test equipment, military command and control terminals, and satellite ground stations.
FREQUENCY ELECTRONICS, INC. 
