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Exhibit 99.1 SOLITRON DEVICES , INC . ANNOUNCES FISCAL 2027 SECOND QUARTER RESULTS WEST PALM BEACH , FL – Solitron Devices , Inc. ( OTC Pink : SODI ) ( “ Solitron ” or the “ Company ” ) is pleased to announce fiscal 2027 second quarter results . FISCAL 2027 SECOND QUARTER HIGHLIGHTS – Net sales increased 42 % to approximately $ 5.66 million in the fiscal 2027 second quarter versus $ 3.99 million in the fiscal 2026 second quarter . Net bookings increased 48 % to $ 6.42 million in the fiscal 2027 second quarter versus $ 4.32 million in the prior year second quarter . Backlog increased 29 % to $ 24.11 million at the end of the fiscal 2027 second quarter as compared to $ 18.64 million at the end of the fiscal 2026 second quarter . Net income was $ 1.30 million , or $ 0.60 per share , for the fiscal 2027 second quarter versus net loss of ( $ .23 ) million , or ( $ 0.11 ) per share , for the fiscal 2026 second quarter . Revenue increased in the fiscal 2027 second quarter to $ 5.66 million from $ 5.44 million during the first quarter , due to the Company's strong backlog . As previously noted in our last press release , we anticipate sales to continue to be at this level or greater for the remainder of the 2027 fiscal year . In addition , the Company's backlog continues to remain at record levels . Backlog increased from $ 23.34 million at the end of fiscal 2027 first quarter to $ 24.11 million at the end of fiscal 2027 second quarter . This quarter's net income was negatively impacted by $ 200,000 in professional fees recorded to SG & A related to the retention of an investment banker to assist in the company's exploration of strategic alternatives , as noted in the Company's fiscal 2027 first quarter press release . Also included in SG & A costs for the fiscal 2027 and 2026 second quarters are $ 52,000 of intangible amortization . While the income statement reflects income taxes , no actual income taxes were due as the Company has deferred tax assets related to previous net operating losses . We continue to be encouraged about the possibility of multi - year orders for components on AMRAAM and Standard Missiles 2 , 3 and 6. RTX and the Pentagon announced multi - year agreements in October for both programs . Both agreements require Congressional funding . Our current expectation is for the next AMRAAM order to be received in the fiscal fourth quarter . For The Three Months ended Months For The Three August 31 , 2026 unaudited ended August 31 , 2025 unaudited For The Six Months ended August 31 , For The Six Months ended August 31 , 2026 unaudited 2025 unaudited Net sales 5,657 $ 3,986 $ 11,093 $ 6,686 Cost of sales 2,909 3,151 5,880 5,461 Gross profit 2,748 835 5,213 1,225 Selling , general and administrative expenses 1,033 1,126 1,963 1,894 Operating income ( loss ) 1,715 ( 291 ) 3,250 ( 669 ) Other income ( loss ) Interest income Interest expense 54 ( 45 ) Dividend income 42 Realized gain ( loss ) on investments ( 80 ) Unrealized gain ( loss ) on investments 80 Contingent consideration expense ( 2 ) ¥ ཎྜཆྱེ་ 42 136 42 ( 66 ) ( 107 ) ( 140 ) 18 67 170 ( 80 ) ( 198 ) 78 59 251 ( 325 ) ( 333 ) Scrap income - 100 Miscellaneous income 2 5 2 Total other income ( loss ) 51 ( 29 ) ( 137 ) 5 ( 108 ) Net income ( loss ) before income tax 1,766 ( 320 ) 3,113 ( 777 )