August 30, 2007 – La Fox, Illinois…Richardson Electronics, Ltd. (NASDAQ: RELL) announced today it has signed a global partnership agreement with Valpey Fisher (AMEX: VPF), to distribute its entire product line of high performance crystal oscillators and timing modules. Valpey Fisher’s products provide the essential timing signals needed in advanced applications including cellular base stations, broadband datacom infrastructure, avionics instrumentation, homeland security equipment, and military defense systems. “Valpey Fisher is a world leader in low noise timing solutions with an excellent track record of reference design wins,” said Chris Marshall, Vice President of Richardson Electronics’ Wireless and Broadband Communications Group. “With products like their new 1GHz TCXOs and VCXOs they are pushing the state of the art in the industry, and we expect to see significant growth with them in applications such as wireless infrastructure, avionics, and test.” Valpey Fisher’s Integrated Clock /PLL Timing Modules provide a lower cost, single chip timing solution for applications that require ultra low jitter such as optical networking, synchronizing Ethernet, and high definition video broadcast. Its High Precision Oscillators include a broad line of ultra stable OCXOs, stratum 3 TCXOs, ultra low noise VCXOs and XOs. And its Hi-Rel Oscillators are designed and manufactured to MIL-PRF55310 standards and have an exceptional track record in harsh environments. “We are excited to enter this partnership with Richardson Electronics,” said Michael Ferrantino, Valpey Fisher Vice President of Control Component Group. “Their highly technical sales force and strong ability for demand creation will be an excellent complement to our current direct and indirect sales channel.”