Pulse Electronics to Review Unsolicited Proposal from Bel Fuse

Pulse Electronics Corporation PULS today announced it has received an unsolicited proposal from Bel Fuse Inc. BELFB to acquire all of the outstanding shares of Pulse Electronics for $6.00 per share. The Pulse Electronics Board of Directors will review the proposal, consistent with its fiduciary duties, in consultation with its financial and legal advisors. There is no need for Pulse Electronics shareholders to take any action at this time. As previously announced, Pulse received two letters from Bel Fuse in which Bel Fuse provided notice it intends to nominate four candidates for election to the Pulse Electronics Board of Directors at the Company's 2011 Annual Meeting of Shareholders.