Clifton Named Chief Accounting Officer For LGL Group

April 3, 2010 (FinancialWire) — The LGL Group, Inc. (AMEX: LGL) appointed R. LaDuane Clifton, CPA, as its chief accounting officer.

Clifton had previously served as the company's Corporate Controller since August 2009. Prior to joining the company, Clifton was CFO of a21, Inc. (Jacksonville, FL), a publicly-held holding company in the stock photography and home decor industries, and a Senior Associate of KMPG LLP, the international accounting and management consulting firm.

LGL, through its wholly-owned subsidiary MtronPTI, is a leading producer of frequency control, filter and integrated subsystems for the multi-billion dollar telecom, military, space satellite and avionics markets.

Clifton will report to LGL chief executive Greg Anderson. He will focus on corporate cost reductions and furthering the firm's ongoing efforts to set the company on the path to profitability.

The LGL Group, Inc., through its wholly-owned subsidiary MtronPTI, manufactures and markets highly engineered electronic components used to control the frequency or timing of signals in electronic circuits.

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