 OLD BRIDGE, NJ ACCESSWIRE April 9, 2020 Blonder Tongue Laboratories, Inc. NYSE American:BDR announced today that it has entered into a definitive Senior Subordinated Convertible Loan and Security Agreement the Loan Agreement with certain investors the Lenders. Pursuant to the Loan Agreement, the Lenders have agreed to provide the Company with a term loan facility the Facility, including an initial aggregate tranche A loan commitment of 800,000, of which 600,000 was advanced at closing on April 8, 2020 and 200,000 will be advanced at a later date. The Loan Agreement allows for up to 700,000 of additional loans under the Facility, subject to a maximum aggregate amount of 1,500,000, upon the mutual agreement of the parties. 