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Herley Industries, Inc.

Herley Reports 4th Quarter and Year-End Results

Myron Levy, Herley's Chairman and CEO, commented, "A long, dark period in this Company's history is now over. The legal proceedings and subsequent settlements that cost the Company approximately $21 million in fiscal year 2008 are behind us, and we are not looking back. This is the time for us to look forward."

Mr. Levy continued, "We enter fiscal year 2009 with determination and momentum. We have taken some significant steps to improve the Company's operations. Before the end of the calendar year, the Farmingdale...

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