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Blonder Tongue Laboratories, Inc.: Blonder Tongue Reports Fourth Quarter and Year End 2020 Results BDR) announced its sales and results for the fourth quarter and year ended December 31, 2020. Commenting on the year end and fourth quarter results, Chief Executive Officer Ted Grauch noted, Faced with a very difficult pandemic affected marketplace in 2020, the Company focused the year on completing a number of major organizational changes, R&D and intellectual property (IP) investments, product development, and inventory reduction programs. The acceleration of our operational restructuring in 2020 was completed along with streamlining both our manufacturing and engineering processes. The net result has been a lowering of the Company s operating costs by approximately $940,000 during 2020 versus 2019 and additional reductions that have been implemented in Q1 2021. The Company s operating expenses are now reduced by approximately $192,000 per month vs. one year ago. Our initiatives to

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