RADA Electronic Industries Ltd. Receives Compliance Letter from NASDAQ and Announces Change of Trading Symbol to "RADA" Effectiv

NETANYA, Israel, March 15  /PRNewswire-FirstCall/ -- RADA Electronic Industries Ltd. (NASDAQ SmallCap: RADID), announced that it has received a compliance notification from Nasdaq dated March 5, 2007 stating that the Company has regained compliance with Marketplace Rule 4320(e)(2)(E)(ii).

The Company's ordinary shares are currently traded under the Nasdaq symbol: RADID. The symbol will change from RADID to RADA at the open of business on March 15, 2007.

About RADA

RADA Electronic Industries Ltd. is an Israel based company involved in the military and commercial aerospace industries. The Company specializes in Avionics systems (Digital Video Recorders, Ground Debriefing Stations, Stores Management Systems, Flight Data Recorders, Inertial Navigation Systems), Trainers Upgrades, Avionics systems for the UAV market, and Electro optic cameras for airplanes and armored vehicles.

Note: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risk uncertainties and other factors include, but are not limited to, changes in general economic conditions, risks in product and technology developments, market acceptance of new products and continuing product demand, level of competition and other factors described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.

  Contact: Elan Sigal- C.F.O
  RADA Electronic Industries Ltd.
  Tel: [phone]


DATASOURCE: RADA Electronic Industries Ltd.



CONTACT:  Contact: Elan Sigal- C.F.O, RADA Electronic Industries Ltd.,

Tel: [phone]

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