MTY Citigroup Inc. 3% Min Coupon Principle Protected Note Based PR Gold

Marlton Technologies, Inc. (AMEX:MTY) today announced that its Board of Directors has approved a reverse stock split of its Common Stock in order to relieve Marlton of the substantial and increasing expense of remaining a Securities and Exchange Commission reporting company. If approved by Marlton shareholders, the reverse stock split will reduce Marlton's shareholders of record to less than 300, which will permit Marlton to terminate its obligation to file reports with the Securities and Exchange Commission. As a result of the reverse stock split, Marlton's Common Stock would be delisted from the American Stock Exchange, but would be expected to trade in the over-the-counter market. The Board's approval followed the recommendation of a special committee of independent directors which was established to review the reverse stock split. The special committee retained an investment banking firm to advise it and to review the fairness of the consideration to be paid to shareholders in the reverse stock split. Pursuant to the terms of the 1 for 5,000 reverse stock split approved by Marlton's Board, shareholders owning less than 5,000 shares would be paid $1.25 in cash per share. Shareholders owning more than 5,000 shares would remain as shareholders of Marlton after the reverse stock split and would have fractional shares redeemed at the same rate. The Company estimates that an aggregate of $1,600,000 would be paid to its shareholders to complete the reverse stock split. Funding for the transaction is anticipated to be provided under Marlton's existing revolving credit facility, subject to the approval of the lender and availability under the borrowing formula. The Board will recommend that Marlton's shareholders approve the reverse stock split in proxy materials to be filed with the SEC in connection with a special meeting of shareholders. No date has been set for such meeting. Marlton Technologies, Inc., through its Sparks Exhibits & Environments and Sparks Custom Retail subsidiaries, is engaged in the design, marketing and production of trade show, museum, theme park and themed interior exhibits, store fixtures, premium incentive plans, corporate events, and point of purchase displays, both domestically and internationally.